Aug 15, 2014 | Industries
Shares of Surya Esa Perkasa (ESSA), producer of liquefied petroleum gas (LPG) which builds US$750 million ammonia plant in Sulawesi Island, rallied from below Rp1000 in January 2012 to as high as Rp3000 last year. It retreated closer to Rp1500 early this year, but has...
Aug 15, 2014 | Industries, Market
Shares of Multipolar Technology (MLPT), controlled by Lippo Group’s Multipolar (MLPL), are among those frequently traded on Indonesia Stock Exchange (IDX). The stock has gained 110% since its initial public offering (IPO) a year ago. Like other Lippo Stocks,...
Aug 14, 2014 | Industries
Fatfish Internet Pte Ltd, a company listed on the stock exchange of Australia (ASX), has entered into a memorandum of understanding with Indonesian financial services group PT Batavia Prosperindo Investama on identifying, incubating and making co-investments into...
Aug 6, 2014 | Industries, Politics
Central Java governor Ganjar Pranowo, politician from PDI-P and main supporter of president elect Joko ‘Jokowi’ Widodo, is quoted by Detik.com today saying he offers new solution for the delayed 2×1000 MW coal-fired power plant developed by PT...
Jul 30, 2014 | Industries, Market
SGX-listed See Hup Seng informed shareholders this morning that it has entered into a non-binding term sheet with Aenergy Holdings Company Ltd, a wholly-owned subsidiary of another SGX-listed ISDN HOldings Limited, for the subscription of new shares in Aenergy for a...
Jul 11, 2014 | Industries
Mission NewEnergy Ltd, a company listed on the stock exchange of Australia (ASX), is waiting arbitration ruling on its petition for approximately US$85 million in Indonesia against the 30% joint venture partner in the proposed Indonesian joint venture project for an...
May 28, 2014 | Industries
Indonesia’s cement price is among the highest in the region. Per ton price is around US$114, more than twice of average cement price in China. In some remote areas like Papua, cement price could be more than US$300 per ton. Huge margins recorded by cement...
May 28, 2014 | Industries
Sinarmas Group is now among the most aggressive players in media industry. After the launching of Orange TV, cable TV services, the group expanded its multimedia and Internet services business. The most recent is capital investment in MyRepublic Limited, a company...
