Sinarmas' Chipdeco issue $15 mio MTN

Irvin Avriano A.

Sinarmas' Chipdeco issue $15 mio MTN

JAKARTA: Another Sinarmas Forestry company, PT Chipdeco Inti Utama, issue US dollar denominated 5 years medium term notes (MTN) worth $15 million.

The issuance published in the Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) website in September 8th. Based on the data, the company charged interest coupon 6% per annum.

Astra Agro CPO sales grow 4.4%

BI/bursa

22/2/2011

Irvin Avriano A.

Bisnis Indonesia

Astra Agro CPO sales grow 4.4%

JAKARTA: PT Astra Agro Lestari Tbk, an Astra Group agribusiness line company, booked 4.4% rise on CPO sales volume in January this year, or 94,991 tonnes from 90,954 tonnes in January 2009.

In the Indonesia Stock Exchange (IDX) information disclosure today, the local client buy 88,423 tonnes CPO from the volume and the rest 6,568 tonnes was exported.

Salim Ivomas will IPO $280 mio in IDX

BI/bursa

18/2/2011

Irvin Avriano A.

Bisnis Indonesia

Salim Ivomas will IPO $280 mio in IDX

JAKARTA: PT Salim Ivomas Pratama, one of PT Indofood Sukses Makmur Tbk several agri business subsidiaries, commit to list their shares in Indonesia Stock Exchange (IDX/PT Bursa Efek Indonesia/BEI) through initial public offering (IPO). Rumour said that the IPO worth US$280 million and already picks three underwriters.

Indofood Director & Corporate Secretary Werianty Setiawan said even they will enlisted the stocks, the process is still in open option and could not assure the time and readiness off the IPO.

Sumalindo lost in Samarinda Court

BI/exchange

2/2/2011

Irvin Avriano A.

Bisnis Indonesia

Sumalindo lost in Samarinda Court

JAKARTA: PT Sumalindo Lestari Jaya Tbk, a listed forestry company, lost in the District Court of Samarinda, East Kalimantan, related to the ownership of land dispute case covering 49,332 square meters with Johan Lolong.

The information was just published that issuers which shares coded SULI on Indonesia Stock Exchange (IDX/Bursa Efek Indonesia) information disclosure tonight, although the case was already decided on January 5th.