Aug 4, 2016 | Industries, Law, Market, Politics
PT Intermedia Capital (MDIA) Tbk, parent of PT Cakrawala Andalas Televisi, operator of terrestrial TV station ANTV, booked net profit of Rp223.9 billion in the first half ended June 30, 2016, jumped 60% from the corresponding period of 2015, thanks to stronger sales...
Aug 4, 2016 | Industries, Market
Nippon Indosari (ROTI) and Indofood CBP (ICBP) are two of the largest food and beverage producers—-all associated to Salim Group—-in their respective products. ROTI is market leader for bread, while ICBP is the largest for instant noodle. ICBP’s sister company...
Aug 3, 2016 | Industries, Market
We attended public expose of PT Pembangunan Perumahan Tbk (PTPP) Wednesday (Aug 3) to get better understanding about the company’s future plans. The Company has yet to release its first half 2016 financial results, pending limited review for the issuance of new...
Aug 3, 2016 | Industries, Market, Reviews
Shares of Semen Baturaja (SMBR), the smallest cement producer listed on IDX, closed flat at Rp1125 Wednesday (Aug 3) after soaring to its historic high of Rp1225 in the morning session. Some investors decided to realise their gains because the stock has surged by 365%...
Aug 3, 2016 | Commodities, Industries, Market
PT Salim Ivomas Pratama (SIMP) Tbk, member of Salim Group, has entered into a memorandum of understanding with Japanese company Daitocacao Co Ltd to start a collaboration discussion towards establishment of a joint venture in Indonesia for manufacturing and marketing...
Aug 3, 2016 | Industries, Market
Shares of Sido Muncul (SIDO), the largest consumer herbal producer, gained more than 3% Wednesday (Aug 3) as investors responded positively the group’s growth and expansion plans. At the current price, Sido Muncul has market capitalization of Rp9 trillion, way below...
Aug 3, 2016 | Industries, Market
We attended public expose of four property and construction material companies during the second day of 2016 Investor Day yesterday to get better understanding about their corporate actions. They are Puradelta Lestari (DMAS), PP Property (PPRO), Sentul City (BKSL),...
Aug 3, 2016 | Industries, Politics
The Government of Indonesia has put in place the mineral export ban since January 14, 2014, for contract of work (KK) holders and mining license (IUP). The export ban is a mandate of Law No. 4/2009 on Minerals and Mining (Minerba). Mining companies are thus required...
Aug 2, 2016 | Industries, Market
Malaysian company KPJ Healthcare Berhad, Sojitz Corporation, and Capital Medica Co (Japan) have signed a memorandum of understanding for the proposed opening of an oncology centre at Rumah Sakit Medika Bumi Serpong Damai (BSDE), Banten province, Indonesia. The...
