Harum Energy's shareholder sell IDR2.6 trio stake

28/5/2011

Irvin Avriano A.

Harum Energy's shareholder sell IDR2.6 trio stake

JAKARTA: International Financing Review Asia (IFR Asia) reported that a shareholder is offering 270 million shares of PT Harum Energy Tbk, a coal miner listed company, to raise around IDR2.6 trio or equal US$304 mio fund.

Deutsche Bank and Macquarie are claimed to be the transaction's joint bookrunners.

CIMB, Maybank, Citigroup, and HSBC for Malay US$-sukuk

28/5/2011

Irvin Avriano A.

CIMB, Maybank, Citigroup, and HSBC for Malay US$-sukuk

JAKARTA: International Financing Review Asia (IFR Asia) reported government of Malaysia already pick two local bank and two global bank as their sovereign global/US-dollar-denominated sukuk issuance arranger.

The banks namely CIMB, Maybank, Citigroup, and HSBC. The matter was announced on short and limited news published on May 25th.

Toto will inject capital to other company

26/5/2011

Irvin Avriano A.

Toto will inject capital to other company

JAKARTA: PT Surya Toto Indonesia Tbk, Japan-Indonesia joint venture sanitary wares manufacturer and seller, intend to invest in a company by capital injection mechanism.

Their intention reflect on information disclosed on their extraordinary general meeting of shareholder (EGM) agenda released this week. But the agenda didn't explain about the amount or the target company.

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.

Aluco intend to issue B3 US$ bond

BI/financial

25/5/2011

Irvin Avriano A.

Bisnis Indonesia

Aluco intend to issue B3 US$ bond

JAKARTA: PT Terang Kita (Tranka Kabel) parent company, PT Aluco, intends to issue US dollars denominated bond, which already pocketed B3 rating from Moody's Investors Service.

In its release today, Moody's analyst Alvin Tan assess the ratings reflect the company's leading position in the cable manufacturers segment in the country, through its subsidiary Tranka Kabel with ownership portion 79.5%, although small scale.

Aeon and G4S offer low cost security service

BI/finance

25/5/2011

Irvin Avriano A.

Bisnis Indonesia

Aeon and G4S offer low cost security service

JAKARTA: PT Aeon Credit Service Indonesia and PT G4S Security Services offered low cost securities equipment and service with fare IDR400,000 per month to potential households.

G4S Group Finance Director Melissiana D. Kriswandi said the low cost equipment and service possible because there is financing service offered by Aeon Credit Service.

LPEI picks Danareksa, Trimegah, and Indo Premier

BI/financial

25/5/2011

Irvin Avriano A. & M. Munir Haikal

Bisnis Indonesia

LPEI picks Danareksa, Trimegah, and Indo Premier