JAKARTA: Ministry of SOEs plans to establish state-owned Investment Forum to raise fund about IDR260 trillion next week.The forum is another form of state-owned fund that…

JAKARTA: Vallar Plc, a London-listed company, plans to buy 20.9 billion shares or 75% ownership of non-coal company PT Bumi Resources Minerals Tbk from PT Bumi Resources…

JAKARTA: PT Angkasa Pura II expects its financial review for business expansion to complete in September or October 2011.The company is estimated to require IDR12 trillion…

JAKARTA: Indonesian stocks decreased 0.49% or 18.54 points to 3,787.65 in the closing session as foreign investor booked net sell. Meanwhile, the regional market mainly moved…

JAKARTA: PT Surya Toto Indonesia Tbk, a listed company engages in Sanitary Wares, Plumbing Fitting & System Kitchen, pays dividend for fiscal year 2010 at IDR1,500 per share.Such…

JAKARTA: Investor is believed to absorb bond issuance in financial sector that increased this year since it still has enough liquidity.Portfolio Manager of PT Batavia Prosperindo…

JAKARTA: PT Bukit Asam Tbk (PTBA) determines capital expenditure this year at IDR1.8 trillion or 28.57% higher compared to last year allocation around IDR1.4 trillion.Such…

JAKARTA: PT Alam Sutera Realty Tbk allocates IDR1 trillion this year to finance mall, office building and apartment construction.Such fund will be invested for Mall @ Alam…

JAKARTA: PT Sampoerna Agro Tbk shareholders meeting approved Mak Ping On resignation from corporate commissioner position.Umar Bin Abdullah (Dilip Kumar S/O Kumar) is appointed…

JAKARTA: PT Indofarma Tbk will not pay dividend this year since it still has cumulative loss.Such cumulative loss already existed since 2002 as much as IDR160 billion and…

JAKARTA: Citibank N.A Indonesian branch confirmed that Citi Country officer Shariq Muktar has been replaced by Tigor M. Siahaan who currently still serve as Country Business…

JAKARTA: PT Pembangunan Jaya Ancol Tbk will pay dividend IDR41,5 per share or totally IDR66.31 billion from its 2010 net profit.Such dividend equivalent with 48,6% from total…

JAKARTA: Two shareholders of PT Skybee Tbk have converted Mandatory Exchangeable Bonds. Those shareholders were Aspires Inc, Ora Pro Nobis International Corp and Creative…

JAKARTA: PT Maskapai Reasuransi Indonesia Tbk (Marein) pays dividend at IDR25 per share or totaling to IDR9.71 billion.

JAKARTA: PT Kokoh Inti Arebama Tbk secures US$3 million loan from United Overseas Bank Limited, Singapore.

JAKARTA: Government is currently negotiating the content of contract agreement for coal and mineral resources companies to provide optimal benefit to the state revenue.Director…