Harum Energy obtain $270 mio loan

                                               

BI/market

5/1/2012

Irvin Avriano A.

Bisnis Indonesia

Harum Energy obtain $270 mio loan

JAKARTA: PT Harum Energy Tbk pocketed loan facility from several bank syndication worth US$270 million, or equal to IDR2.47 trillion, led by DBS Bank Ltd Singapore and United Overseas Bank (UOB) Ltd Singapore.

"The loan facility tenured 3 years," said Harum Energy Corporate Secretary Alexandra Mira S. in the Indonesia Stock Exchange (IDX) information disclosure today, January 5th 2012.

Pakuwon rights issue IDR1.36 trio to buy Kota Kasablanka

BI/market

3/11/2011

Irvin Avriano A.

Bisnis Indonesia

Pakuwon rights issue IDR1.36 trio to buy Kota Kasablanka

JAKARTA: PT Pakuwon Jati Tbk, Surabaya-based property listed company, will held rights issue worth IDR1.3 trio--1.36 trio to fund its Kota Kasablanka superblock's purchasing plan.

Based on its prospectus summary in the newspaper today, the company intend to issue 2 bio or 20% new shares with nominal value IDR100 in executing range IDR650--680 per shares.

The price still 24.44%--27.77% below the company's shares position this morning at IDR900.

Multistrada rights issue IDR1.53 trio

BI/market

3/11/2011

Irvin Avriano A.

Bisnis Indonesia

Multistrada rights issue IDR1.53 trio

JAKARTA: PT Multistrada Arah Sarana Tbk, automobile and motorcycle tires producer listed company , will held rights issue worth IDR1.53 trio.

Data in their prospectus today explain the corporate action will held by issue 3.06 billion shares or 33.33% portion with nominal value IDR140 at execution price IDR500.

BNBR suffers IDR17.11 trio lost in 2008

BI/market

6/10/2011

Irvin Avriano A.

Bisnis Indonesia

BNBR suffers IDR17.11 trio lost in 2008

JAKARTA: PT Bakrie & Brothers Tbk, the holding company for Bakrie Group, is suffering loss IDR17.11 trillion from selling its five subsidiaries shares back in 2008.

The matter was disclosed on the company's cuasi-reorganization plan prospectus yesterday.

Atlas IPO 25%. What story behind Hanson Energy?

Irvin Avriano A.

Atlas IPO 25%. What story behind Hanson Energy?

JAKARTA: PT Atlas Resources Tbk plans to loads 25% of their new shares to investors in the capital market related to their IPO, with funds targeted above IDR2 trillion. But there is an interesting name behind, PT Hanson Energy, which rings something behind a bell. What is Hanson Energy's relation to Atlas Resources?

As we -as the public know-, Atlas Resources has already appointed two underwriters to handle the 783.33 million new shares issuance, PT Indo Premier Securities and PT UBS Securities Indonesia. When we still assumed the fund would raise IDR2 trio, nevertheless, the price per share couldn't be under IDR2,553 per share.

Churchill Mining filed an appeal to the Supreme Court

Irvin Avriano A.

Churchill Mining filed an appeal to the Supreme Court

JAKARTA: Churchill Mining Plc, a London-based mining company, filed another third appeal to the Supreme Court of Indonesia (Mahkamah Agung/MA) to overturn the decision to revoke the licence in one of the company's main coal projects in Kutai Timur.

The appeal addressed to withdrawal of the previous two appeal result decisions, both in the Administrative High Court in Jakarta (Pengadilan Tinggi PTUN) and the Administrative Tribunal (Pengadilan Tata Usaha Negara/PTUN) in Samarinda, East Kalimantan.

Panin Financial to rights issue IDR499.25 bio

Irvin Avriano A.

Panin Financial to rights issue IDR499.25 bio

JAKARTA: PT Panin Financial Tbk, a business and management consultant company from Panin Group, disclose its VII/2011 rights issue plan with fund targets IDR499.25 billion and IDR998.5 bio if added with its warrants.

The matter was conclude in its information disclosure published in newspaper today. The company that led by Fadjar Gunawan is intend to dispose 3.99 bio new shares with nominal and offered price IDR125.

Danamon change directors

Irvin Avriano A.

Danamon change directors

JAKARTA: PT Bank Danamon Indonesia Tbk, a listed private bank owned by Singapore-based Temasek Holdings, intend to change their board of director.

The matter was concluded from the company's announcement in Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) website in this weekend. The announcement related to extraordinary general meeting of shareholder (EGM/RUPLB) agenda.

Karwell sell main asset

Irvin Avriano A.

Karwell sell main asset

JAKARTA: PT Karwell Indonesia Tbk, an apparel company, intend to sell their main asset which are production machines, land bank, and buildings.

The matter was exposed in their information disclosure to Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) yesterday, related to their extraordinary general meeting of shareholders (EGM/RUPSLB).

Prasidha held quasi-reorganization IDR568 bio

BI/market

23/9/2011

Irvin Avriano A.

Bisnis Indonesia

Prasidha held quasi-reorganization IDR568 bio

JAKARTA: After merge with its two subsidiaries, coffee producer-seller company PT Prasidha Aneka Niaga Tbk intend to held quasi-reorganization to eliminate the IDR568.13 billion deficit balance.

The plan is showed in the company's information disclosure in newspaper today. In the data, company's management commandeered by Jeffry Sanusi Soedargo conclude four main reason which targeted through the corporate action.

Gani Bustan set as KBRI president director

BI/market

23/9/2011

Irvin Avriano A.

Bisnis Indonesia

Gani Bustan set as KBRI president director

JAKARTA: Gani Bustan officially appointed to be PT Kertas Basuki Rachmat Indonesia Tbk president director, replacing Elia Massa Manik whom move to PT Elnusa Tbk.

The matter is showed in the information disclosure related to the result of Kertas Basuki Rachmat extraordinary general meeting of shareholders (EGM) that published in the newspaper on Friday.

Buana secure IDR100 bio loan from Panin

BI/market

16/9/2011

Irvin Avriano A.

Bisnis Indonesia

Buana secure IDR100 bio loan from Panin

JAKARTA: PT Buana Finance Tbk, multifinance listed company which owned by PT Sari Dasa Karsa (SDK), secure IDR100 bio credit facility from PT Bank Pan Indonesia Tbk (Bank Panin).

"It have 36 month tenure and guaranteed by the company's receivables worth 110% from the credit principal," said Buana Finance President Director Soetadi Limin in his company's information disclosure to Indonesia Stock Exchange (IDX/Bursa Efek Indonesia).

Delta Dunia new corsec passed away

credit photo:

https://siskamariaeviline.blogspot.com/2011/07/semakin-mencintai-dunia-energi.html 

BI/market

14/9/2011

Irvin Avriano A.

Bisnis Indonesia

Gamala, Delta Dunia new corsec passed away

JAKARTA: Gamala Virasa Katoppo, 42, a new corporate secretary of coal mining contractor PT Delta Dunia Makmur Tbk, passed away on Tuesday afternoon on assumed-heart burn.

His body have stayed on the grief house in Jl Kemang Timur 4W Jakarta Selatan and cremated this Friday in Oasis, Tangerang.

Yura Katoppo, eldest brother of Gamala, said the departed was found unconscious at his house between 13.00--17.00 after he was checked by SOS Medika Hospital, Cipete, South Jakarta, in the late morning at 01.00 because a heart burn suspicion.

Altus-Chandra Petrochemical buyback bond US$7.9 mio

BI/market

16/9/2011

Irvin Avriano A.

Bisnis Indonesia

Altus-Chandra Petrochemical buyback bond US$7.9 mio

JAKARTA: Altus Capital Pte Ltd, subsidiary of stock emitters PT Chandra Asri Petrochemical Tbk, buyback some of its existing US dollar denominated bond worth US$7.9 million or equal to IDR69.64 billion.

"The aggregate principal amount of the notes remaining outstanding following the cancellation of the purchased notes would be US$214.78 mio," said the management in the Altus Capital information disclosure to the Singapore Stock Exchange today.

Truba's Gamala move to Delta Dunia

photo credit: https://siskamariaeviline.blogspot.com/2011/07/semakin-mencintai-dunia-energi.html

BI/market

5/8/2011

Irvin Avriano A.

Bisnis Indonesia

Truba's Gamala move to Delta Dunia

JAKARTA: Gamala Virasa Katoppo, former corporate secretary engineering-construction listed company PT Truba Alam Manunggal Tbk, will join PT Delta Dunia Makmur Tbk as corporate secretary.

The matter was explained by Gamala himself, confirming the Truba announcement in the newspaper this morning that shows his ex-corporate secretary position will be filled by Kristono Wardhana.

The announcement is held to comply the rule of Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK/Capital Market and Financial Institution Supervisory Agency) No.IX.I.4 about The Forming of Corporate Secretary.

Myoh announced IDR529 bio backdoor listing

BI/market

26/8/2011

Irvin Avriano A.

Bisnis Indonesia

Myoh announced IDR529 bio backdoor listing

JAKARTA: Hotels and restaurant software developer listed company PT Myoh Technology Tbk announced their plan to listing a company in the capital market without initial public offering (backdoor listing scheme) for their acquiring target namely PT Sims Jaya Kaltim.

In the prospectus of such corporate action, the scheme will use rights issue action that will disburse 1.26 bio new shares with nominal value IDR200 and execute price IDRR420 with total worth IDR529.51 bio.

The Dedet Yandrinal commandeered company also offered their investors to swap their preemptive rights (hak memesan efek terlebih dahulu/HMETD) into their 1 new shares.

Central Omega will issue IDR1.02 trio rights and warrant

BI/market

25/8/2011

Irvin Avriano A.

Bisnis Indonesia

Central Omega will issue IDR1.02 trio rights and warrant

JAKARTA: PT Central Omega Resources Tbk, mining listed company that used to be known as multifinance company called PT Duta Kirana Finance Tbk, will issue new securities worth IDR1.02 trillion by issuing a preemptive rights (hak memesan efek terlebih dahulu/HMETD) and warrant as its rights issue I/2011.

Central Omega information disclosure published in newspaper today showed the company, which shares coded as DKFT, will held rights issue worth IDR983.73 bio that will issue as much as 983.73 million new shares which have nominal value IDR500 and with execution price IDR1,000. Every 1 existing shareholder have a rights to keep 9 news shares that will be issued.

The company also will issue 36.42 mio warrant worth IDR45.54 bio as incentive to investors which execute his rights with portion every 27 rights for 1 warrant. As the result from the announcement, today their shares suspended again by the Indonesia Stock Exchange (IDX/Bursa Efek Indonesia) for the second time after August 22nd.

Myoh shares movement become unusual

BI/market

25/8/2011
Irvin Avriano A.
Bisnis Indonesia

Myoh shares movement become unusual

JAKARTA: PT Myoh Technology Tbk shares' movement been categorized as unusual market activity (UMA) by the Indonesia Stock Exchange (IDX/Bursa Efek Indonesia) because their strengthening movement judged not fair.

In an official announcement today, IDX President Director Ito Warsito said the bourse authority is look after the company's shares and its trading activities on the MYOH coded-shares.

"Because of it, investors are expected to pay attention to the company's response of information request by the bourse authority," said Ito in an announcement letter that been signed by himself, today.

Multistrada shares decline after offering canceled

BI/market

25/8/2011
Irvin Avriano A.
Bisnis Indonesia

Multistrada shares decline after offering canceled

JAKARTA: A car, motor, and commercial vehicle tire listed company PT Multistrada Arah Sarana Tbk's stock price corrected IDR10 in the stock market today after their shares offering canceled by the bidders.

Today, their shares decline 1.82% to IDR540 level after the bidding dispersed after South Korea-based Hankook Tire Co, Japan-based Yokohama Tire Corp, and private equity fund TPG Capital (formerly named Texas Pacific Group) can not reach a deal, related to low bid price that only stands on IDR500. The matter was reported bu Bisnis Indonesia newspaper this morning.

The price that been request is far lower than the initial majority shareholder has been expected namely PVP XVIII Pte Ltd and PT Central Sole Agency, at IDR800 level.

Bumi Resources allocated IDR3.9 trio to buyback

BI/market
23/8/2011
Irvin Avriano A.
Bisnis Indonesia


Bumi Resources allocated IDR3.9 trio to buyback

JAKARTA: Bakrie Group coal miner giant listed company PT Bumi Resources Tbk allocated IDR3.9 trillion to buy back 780 million shares to lift its earnings per share, return on equity and expand access to finance.

The matter is exposed in the information disclosure yesterday, together with its extraordinary general meeting of shareholders (EGM) on September 26th.

"The funds reserved for shares buy back shares for a maximum period of 18 months since the EGM approval is obtained, is not more than IDR3.9 trillion," said Bumi Resources management led byAri Saptari Hoedaja in its announcement yesterday.