Author: yosefardi.com

Pase PSC extended due to force majeure?

The Upstream Oil and Gas Regulatory Body (BPMigas) has extended the expiration date of Pase Block production sharing contract in Aceh (previously controlled by ExxonMobil) by 377 days due to implementation of force majeure...

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Asia Food & Properties

Food and property arm of Sinarmas Group, AFP, reported net profit of S$153.46 million last year, inched up 0.4% from 2008 despite a strong 40.3% growth in operating profit. Last Thursday, crossing of 1.77 billion shares in its...

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Astra International

PT Astra International (ASII) Tbk reported net profit of Rp10 trillion last year, increased 9% from 2008 on improved margin. The management proposes a 29% increase in full year dividend. The stock, meanwhile, declined 1.5%...

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Adira’s hefty profits & motorists

For two consecutive years, consumer financing company PT Adira Dinamika Multi Finance (ADMF) Tbk, a subsidiary of Bank Danamon, reported return on equity (ROE) over 38% per annum, thanks to the generosity of motorists to pay...

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Hanson & Suba Indah’s reputation

Hanson International is trying to transform itself from a textile manufacturer to energy company with various plans such as acquisition of coal mines and the most recent is the US$400 million investment to build overland conveyer with Thyssen Krupp AG. But wait a minute, what’s happened with Suba Indah’s settlement with Bank Mandiri?

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