Miss the generals' barber

"Bismi-llāhi r-raḥmāni r-raḥīm." 

For moslems, the words is a common phrase extensively used in everyday life, said as the opening of each action in order to receive blessing from God. (Wikipedia)

The phrase has a different meaning for a barbershop owner and also the worker namely Nunu Sudiatna. In almost every different move of cutting my hair, the white hair Sundanese grandpa said the prayer.

Transasia Securities: Profile and interest

Transasia Securities: Profile and interest

PT Transasia Securities’ acquisition by OCBC Bank is interisting. Not only does it show us more about the invasion of regional financial institution into Indonesian soil, but also the relation to other entities.

Based on Transasia Securities official website, the company is a member of Indonesia Stock Exchange incorporated on July 7th 1990, originally named PT Transpacific Securindo.

OCBC Bank acquire Transasia Securities

BI/market
12/4/2012
Irvin Avriano A.
Bisnis Indonesia

OCBC Bank acquire Transasia Securities

JAKARTA: Oversea-Chinese Banking Corporation Ltd (OCBC Bank) will acquire 80% stake on an Indonesia brokerage house PT Transasia Securities worth IDR92 billion or equal to S$12.5 million.

The matter was announced in the OCBC Bank's information disclosure to Singapore Exchange (SGX) yesterday, April 13th, 2012. OCBC Bank is a Singapore local-based bank and holding company to PT Bank OCBC NISP Tbk.

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.

US index decline

BI/market

17/10/2011

Irvin Avriano A.

Bisnis Indonesia

US index decline

JAKARTA: US stock indexes declines shortly after the opening in this early week, following last week gain.

The declining happen after German government official damped optimism that the crisis will fixed fastly.