Tag: Bakrie Group

Corporate Actions to Watch

Bakrie & Brothers (BNBR), Bakrie Sumatera Plantations (UNSP), Bakrie Telecom (BTEL), and Energi Mega Persada (ENRG)—four companies of the Bakrie Group—are seeking ways to settle their matured debt of Rp17.93 trillion. BTEL claims to have obtained approval from the Financial Services Authority (OJK) for issuing convertible bonds worth Rp7.6 trillion in the first quarter of 2017.

Read More

Jakarta’s 2017 Election: Ahok’s Fate (4)

The incumbent Governor of Jakarta Basuki “Ahok” Tjahaja Purnama is going to face his first trial as a defendant in blasphemy case today (Dec. 13). Many will have their attention fixed on this trial, as its proceedings and outcome will no doubt affect Jakarta’s 2017 gubernatorial election.

Read More

Tax Amnesty in Action (23)

Boy Garibaldi Thohir, shareholder of Adaro Energy (ADRO) and some other companies, and his brother Erick Thohir were seen of filing applications for tax amnesty this morning. Other conglomerates, including James Riady and Sofyan Wananadi, have earlier announced their participation in the program.

Read More
error: Content is protected !!