- PT Bakrie & Brothers Tbk (BNBR) is striving to make its financial statement in blue. The company is optimistic that it may post net profit last year. In 2010, the company was in huge net loss of Rp7.64 trillion. However, in the first half of 2011, Bakrie posted a Rp45.49 billion net profit. According to Finance Director Eddy Soeparno, Bakrie may book Rp130 billion-Rp145 billion net profit last year.
- PT Tiga Pilar Sejahtera Food Tbk (AISA) will spend US$50 million to make 10,000 hectares planted with palm plantation, expanding its planted area to 23,500 hectares in Central Kalimantan, West Kalimantan, and South Kalimantan.
- PT Trikomsel Oke Tbk (TRIO) is scouting a Rp8.1 trillion revenue this year with mobile phone sales contribution of Rp5.67 trillion. The company also seeks a Rp385 billion net profit this year. PT Global Teleshop plans to sell shares during initial public offering scheduled in July this year. According to Corporate Secretary Juliana Samudro, Global Teleshop plans IPO in July.
- PT Mayora Indah Tbk (MYOR) has received oversubscribed of five folds for its rupiah denominated bonds worth Rp750 billion. For the 7-year conventional bonds, worth Rp500 billion, are offered at annual coupon rate of 8.25%-9.5%, while 5-year mudharabah bonds are offered with indicative coupon rate at 7.75%-9%.
- PT Astra Graphia Tbk (ASGR) posted a 34.64% increase in revenue to Rp423.43 billion in the first quarter of this year.
- PT Perdana Karya Perkasa Tbk (PKPK) suffered a Rp2.91 billion net loss last year. Revenue increased 37% to Rp389.72 billion from Rp290.44 billion.
- PT Bank Mutiara Tbk dropped its plan to raise financing from subordinated loan facility of Rp500 billion-Rp1 trillion. President Director Maryono said the interest rate of the subordinated loan is expensive.
- PT Indomobil Finance has obtained demand for its rupiah denominated bonds of Rp2 trillion from the target of Rp750 billion. Director Gunawan said the company has not decided how much bonds to be issued.
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