The National Police officially named businessman-cum-politician Hary Tanoesoedibjo a suspect on Friday for allegedly intimidating an Attorney General’s Office (AGO) official last year. Hary, chairman of Perindo Party and owner of diversified business group MNC, is also banned from overseas travel.

United Tractors (UNTR) sold 302 units of Komatsu construction machinery last month, jumped by almost 69% year-on-year, thanks to strong sales to agriculture (plantation) and mining sector. Sales to forestry sector grew 7.1% year-on-year, but sales to construction sector collapsed 56% to 51 units only

Palm oil producer PT Sawit Sumbermas Sarana (SSMS) Tbk is scheduled to convene an extraordinary meeting of shareholders on July 17, 2017. Detail agenda of the meeting might be known to public this Friday. SSMS is still the most expensive palm oil producer listed on Indonesia Stock Exchange (IDX) despite 17.4% correction from recent peak.

Shares of cocoa processor and forestry company PT Bumi Teknokultura Unggul (BTEK) Tbk declined further by 1% to Rp910 Monday (June 19). That means the stock already lost 26% its value year-to-date and 41.3% from its peak. Investors responded negatively BTEK’s poor performance in the first quarter.

UK company Aggreko has announced the acquisition of PT Kerta Bumi Teknindo (KBT), a power rental company, as key component of Aggreko’s strategy to expand its operations and investments in Indonesia. The acquisition intensifies competition in the temporary power services business in the country.

Agritrade Resources Ltd, a company listed on the Hong Kong Stock Exchange with coal mining and fuel operation business in Indonesia, is an example of resilience of low-calorie coal producers in the country. The Company booked profit after tax of HK$312.52 million from sales revenue of HK$1.44 billion for financial year ended March 31, 2017.

National Police will declare status of media mogul and politician Hary Tanoesoedibjo in an alleged threat to Yulianto, the head of the subdirectorate for special crimes investigation of the Attorney General’s Office (AGO), next week. The statement effectively denied earlier statement from Attorney General HM Prasetyo suggesting Hary’s status as crime suspect in the case.

Media billing and ICT retailer PT Skybeen Tbk (SKYB), controlled by the same shareholder of the troubled Trikomsel Oke (TRIO), booked zero sales revenue in the first quarter of 2017. So, no improvement from the corresponding period of 2016. The Company’s total asset was only Rp34.8 billion, crashed from Rp851 billion in December 2011.

Nickel miner and processor PT Central Omega Resources Tbk (DKFT) predicts net profit of Rp364.7 billion or Rp65 per share next year, jumped from an estimated net profit of Rp163 billion or Rp28.9 per share this year. The current price, accordingly, is seen very cheap with PE multiple 6.4 only. Really?