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.

BSD change their business activities description

27/5/2011

Irvin Avriano A.

BSD change their business activities description

JAKARTA: PT Bumi Serpong Damai Tbk (BSD), a Sinarmas Group real estate and property developer listed company, intend to change their business activities description.

It was mentioned in their extraordinary general meeting of shareholders (EGM) agenda that published in the newspaper yesterday. The meeting will be held together with its annual general meeting of shareholders (AGM) on June 10th morning at Crowne Hotel, Jakarta.