HD Finance will IPO IDR100 bio

BI/exchange

1/2/2011
Irvin Avriano A.
Bisnis Indonesia

HD Finance will IPO IDR100 bio

JAKARTA: PT HD Finance, finance company from the Orang Tua Group, intends to conduct an initial public offering (IPO) worth at least IDR100 billion.

Company Assessment Director of Indonesia Stock Exchange (IDX/Bursa Efek Indonesia) Eddy Sugito said the company plans to issue as much as 30% of its shares to the public in the 2nd quarter of 2011.

Smart claim not directly involved to Karang Mendapo conflict

bourse

Irvin Avriano A.

Smart claim not directly involved to Karang Mendapo conflict

JAKARTA: PT Sinar Mas Agro Resources & Technology Tbk (Smart), an oil palm plantation wings from Sinar Mas Group, declare their subsidiary PT Kresna Duta Agroindo (KDA) has not directly involved in a conflict that have claimed victim between villagers and policemen in Karang Mendapo, Jambi.

The company which commandeered by Jo Daud Dharsono is also explain that the conflict is only happen between the villagers and with Koperasi (Cooperative) Tiga Serumpun that backed up by the police. The conflict that happen in January 15th claimed six shot-down-victims and brings seven villagers to be caged by policemen for investigation.

Bank Jabar Banten bond coupon 9.2%, 10.2%, 10.4%

BI/bursa

31/1/2011

Irvin Avriano A.

Bisnis Indonesia

Bank Jabar Banten bond coupon 9.2%, 10.2%, 10.4%

JAKARTA: PT Bank Jabar Banten Tbk, the biggest regional bank in Indonesia, raise up their shortest tenure VII/2011 A tranche bond coupon to 9.2%, than the indication that previously offered at 7.44%--8.44% level because of the declining of government bond price lately. The bond tranche will mature in 2014.

Trimegah issue IDR24.11 bio and 11.925% PN

BI/bursa

30/1/2011

Irvin Avriano A.

Bisnis Indonesia

Trimegah issue IDR24.11 bio and 11.925% PN

JAKARTA: PT Trimegah Securities Tbk issued a promissory notes (PN) XVIII/2011 series worth IDR24.11 billion last weekend, which will mature in October.

Trimegah Director Ubaidillah Nugraha said fund from the issuance will be use to give margin facility to their customers.

Based on Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia/KSEI) last weekend, the one of listed securities company will give coupons worth 11.925% per annum for their debt investors.

Who will replace Nurhaida?

rumours

Irvin Avriano A.

Who will replace Nurhaida?

JAKARTA: Nurhaida appointed as Acting Chief of Capital Market and Financial Institution Supervisory (Bapepam-LK), filled out the empty position that previously seated by Ahmad Fuad Rahmany. Who will be her replacement?

The appointment set after inauguration of several new Ministry of Finance's (MoF) officials, including echelon I and II this morning.

In the first time, the appointment of Nurhaida as Bapepam-LK leader has not been declared by Finance Minister Agus Martowardojo in the ceremony, and had make several Bapepam-LK and MoF officials confuse. Nurhaida also have been inaugurated as Expert Staff In Capital Market and Financial Institution Regulation

But after the ceremony, Agus has been answered reporters' questions about the empty seat leaved by Fuad.

Bank Permata sold part stakes in Asuransi Nipponkoa

BI/bursa

19/1/2011

Irvin Avriano A.

Bisnis Indonesia

JAKARTA: PT Bank Permata Tbk sold part of their stakes in PT Asuransi Permata Nipponkoa Indonesia (APNI), 31% portion from previously 51%, to Nipponkoa Insurance Company Ltd.

Based on the subsidiary of Astra Group-Stadard Chartered Bank Plc information disclosure to Indonesia Stock Exchange (IDX/Bursa Efek Indonesia) today, the selling agreement of 7,750 shares has been executed on January 17th.

"Based on Deed Sales No.14 dated Januari 17th, witnessed by Kun Hidayat Notary," said Bank Permata Vice President Director Herwidayatmo in the information disclosure.

FIF upsize bond plan to IDR2 trio: Six underwriters selected

BI/bursa

19/1/2011

M. Tahir Saleh

Bisnis Indonesia

FIF upsize bond plan to IDR2 trio: Six underwriters selected

JAKARTA: PT Federal International Finance (FIF) finally up-sized its bond issuance plan become IDR2 trillion from previously only IDR1 trio this year, related to funds which needed for their financing business expansion in 2011.

To support the plan, the one of a Group Astra company also have appointed six securities company as their wannabe bond underwriter which planned to be issued on April. FIF also intends to held public expose on March.