Author: yosefardi.com

Suparma looking for refinancing

PT Suparma Tbk, a listed paper producer with combined capacity 1.65% of the national capacity, is looking for US$18 million financing to refinance debts and strengthen working capital. The company will refinance loans provided...

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Dipasena, Nursalim, and Charoen

Two groups—Charoen Phokphand and a group familiar with acquisition of distressed assets at IBRA—are currently competing to control the troubled shrimp farm Dipasena, an asset once valued at Rp19 trillion (US$2...

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Lippo divests 20% AIG Life

PT Lippo E-Net Tbk divests its entire stake at ASTA which controls 20% shares in AIG Life, an insurance JV with American International Assurance Company (Bermuda) Ltd (controls 80% shares) to strengthen its financial structure....

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Sampoerna Agro kicks off IPO

Sampoerna Agro starts to offer up to 30% of its shares to public in a bid to raise up to US$150 million for debt payment and expansion. The company will easily become the second largest plantation company by market...

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