Tag: PT Harvest Time

Robbing Military/Police Insurance Firm Asabri (2)

PT Harvest Time, indirect subsidiary of Hanson Internasional (MYRX), has reportedly decided to postpone the initial public offering (IPO) because of lawsuits filed by some companies regarding land bank of the property company. Investors, however, shall thoroughly learn from the company’s past relationship with Asabri, a state insurance firm for military and police officers. Asabri’s investment in Harvest Time is a perfect example of how some people robbing the insurance firm.

Read More

Scrutinizing Pension Funds of SOEs (2)

PT Harvest Time, subsidiary of Hanson International (MYRX), expects to get Rp500 billion from initial public offering (IPO) of up to 15% shares. The stock is valued significantly lower than the amount of money invested by Asabri, a state-owned insurance company for military and police officers.

Read More

The Curious Case of Maria Sopiah

On February 21, 2018, several advocates from “Tonic Tangau & Rekan” law office, acting on behalf of three companies, published an announcement in Bisnis Indonesia containing serious allegations of unlawful acts committed by one Maria Sopiah and PT Harvest Time. The problem concerns over 5 million square-meters of land areas in Banten. The South Jakarta District Court had been examining this case since April 2016. In the announcement, the advocates warned all parties against conducting anything on or engaging in any transaction related to the disputed land areas.

Read More

Update on IPOs

Tridomain Performance Materials, a company with its roots in Singapore, is planning to release 40% of its total share capital through initial public offering (IPO) on the Indonesia Stock Exchange (IDX). Sinarmas Sekuritas has been appointed as underwriter.

Read More
error: Content is protected !!