Feb 12, 2015 | Industries, Reviews
PT Central Omega Resources (DKFT) Tbk has appointed China National Machinery Import & Export Corporation (CMC) and China Machinery Industry Construction Group Inc (SINOCONST) as EPC contractor for its nickel pig iron (NPI) plant in Morowali Utara, Central...
Feb 12, 2015 | Industries, Reviews
Story-i is among the fast growing authorized resellers in Indonesia. The launching of iPhone 6 and iPhone 6 Plus in Indonesia is expected to significantly boost Story-i’s revenues this year onwards. The stores’ indirect owner Pine Capital Limited is currently listed...
Feb 11, 2015 | Industries, Market, Reviews
Two weeks ago, PT Soho Global Health, one of leading pharmaceutical companies in Indonesia, announced the entry of private equity firm Quadria Capital. For Quadria Capital Fund, this is the second investment in Indonesia. Our source said the deal was worth less than...
Feb 11, 2015 | Industries, Reviews
In December 2012, then CEO of Pertamina Karen Agustiawan said then president Susilo Bambang Yudhoyono (SBY) ordered Pertamina to complete construction of the tallest building worth US$850 million in 18 months. So, SBY expected to inaugurate the 99-storey tower, meant...
Feb 10, 2015 | Industries, Reviews
Salim Group is one of the largest technology players in the country. One of its subsidiaries is a long-time supplier of banking equipment & solutions, hardware & infrastructure solutions, and software & application solutions for more than 30 years. Yes,...
Feb 6, 2015 | Industries, Reviews
Proton Holdings Berhad has on Friday (Feb 6) signed a memorandum of understanding with PT Adiperkasa Citra Lestari (ACL) to ‘establish cooperation ties between Malaysia and Indonesia in relation to the development and manufacturing of Indonesia National...
Feb 6, 2015 | Industries, Market
XL Axiata, the second largest telco player in Indonesia, booked net loss of Rp891 billion last year against net profit of Rp1.03 trillion in 2013. This was partly attributable to acquisition of the troubled Axis Telecom. Still, XL Axiata actually posted better...
Feb 6, 2015 | Industries, Reviews
Elang Mahkota Teknologi (EMTK), a company with market cap of more than US$3.5 billion, continues to invest online and e-commerce industry. While selling 14.8% shares in Thailand communication company Plan B Media Public Co, Emtek has recently acquired interest in...
Feb 5, 2015 | Industries, Reviews
State-owned port management company PT Pelindo III is the first state port raising funds from global bonds market. Last year, Pelindo III issued US$500 million 4.875% bonds due in 2024 with ANZ, Credit Suisse, and Standard Chartered Bank as joint lead managers. It...
Feb 5, 2015 | Industries, Reviews
Sjamsul Nursalim, owner of Gajah Tunggal Group, is known for his property businesses in Australia, Singapore, China, and Indonesia. Gajah Tunggal is also one of the world’s major players in tire manufacturing. But, very few are aware of the group’s cement business...
