Surya Semesta Internusa: Placement?

Surya Semesta Internusa (SSI) was below Rp500 in September 2011. On Tuesday, the stock has reached Rp930. This is also one of the most active stocks in property sector with average trading volume of 41 million shares per day. The company’s fundamentals also...

Becakayu A Tale of Toll Projects

Soeharto administration has initiated the construction of 22-Km toll road connecting crowded areas of Bekasi, Cawang, and Kampung Melayu in Greater Jakarta back in 1997. Why the project stalled in the past 14 years under five administrations? Lessons learnt? Public...

Sampoerna Telecom to issue high yield bond

This is a busy year for Indonesian telecommunication industry to raise funds from investors. Almost all players have launched plans to raise funds including new player like PT Sampoerna Telecom Indonesia, a company controlled by Sampoerna Family. People close to the...

Tjia Family & The Thousand Tower Project

Early last month President Susilo Bambang Yudhoyono launched ambitious housing project, build 1,000 low-class apartment towers in 10 cities that would cost around US$6 billion. Pintu Air Mas (PAM) Group controlled by Tjia Family is one of the developers of the giant...

PLUS Expressway’s major inroads

Malaysia’s PLUS Expressway Berhad has made major inroads into Indonesian toll road projects with the acquisition of 55% share in PT Lintas Marga Sedaya, the holder of the biggest concession in the Trans Java Expressway that may cost USD600 million. The...
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