PT Ancora Indonesia Resources (OKAS) Tbk, a company controlled by Investment Coordinating Board Chairman Gita Wirjawan, posted net profit of Rp6.7 billion in the first half of 2010, slashed 70.6% from the same period last year...
Read MorePT Tiga Pilar Sejahtera Food (AISA) Tbk has just completed the acquisition of oil palm plantation and rice mill from Ganda Sitorus (brother of Martua Sitorus, Wilmar International shareholder) for a combined consideration of...
Read MoreAdaro Energy (ADRO) was not even half of Bumi Resources (BUMI) two years ago. Now Adaro is almost twice the size of BUMI by market capitalization. Both emerged out of leveraged buy-outs (LBO). BUMI collapsed due to aggressive...
Read MoreThe 2014 election flavor and fever set the tones of the government’s proposed State Budget 2013. The growth of subsidies is set substantially higher than spending for infrastructure. Lower budget deficit might be seen as a...
Read MoreQAF Limited has just released its first half financial results on Singapore Stock Exchange (SGX) with profit after tax of S$27.33 million, declined 13% from the same period last year. QAF is food giant controlled by Andree...
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