Salim's Gallant Venture Bags US$200 Million Loan
SINGAPORE, Indonesia Today - Salim Group's Gallant Venture Ltd has obtained US$200 million term loan facilities arranged by Bank CIMB-Niaga.
What People Say if SBY Pursues a Film Career?
JAKARTA, Indonesia Today – Public discussed intensely about a report that President SBY will starting his film career in a…
Bank Permata Posts 14% Profit Growth in 2011
JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) booked profit of Rp1.16 trillion in 2011, grew 14% compared to…
Demand Weakness & Fuel Prices Force Singapore Airlines Cargo to Cut 20% Capacity
SINGAPORE, Indonesia Today - Singapore Airlines Cargo has cut freighter capacity by 20 percent in response to continuing weakness in…
Andi Mallarangeng Denies Allegations in Court
JAKARTA, Indonesia Today - "I don't know", "I'm not sure", "I forgot", "No", "Never" were the main answers of Andi…
Aberdeen Invests in Aceh Gold Projects
TORONTO, Indonesia Today - Global investment and merchant banking company, Aberdeen International Inc., assessed its investment in East Asia Minerals…
WOM Finance Profit Crashed 96%
JAKARTA, Indonesia Today - Consumer financing firm, PT Wahana Ottomitra Multiartha Tbk (WOMF), subsidiary of Bank International Indonesia, reported net…
Coca-Cola Amatil Posts 17.5% Growth in Indonesia & PNG
SYDNEY, Indonesia Today - Coca Cola Amatil Limited reported earnings before interest, tax, and significant items in Indonesia and Papua…
Wilmar & ADM Mull Global Partnership in Fertilizer, Ocean Freight & Refining
DECATUR, Indonesia Today - Archer Daniels Midland Company (ADM) and Wilmar International Ltd mull global partnership in fertilizer purchasing and…
Latest News
Olam Prices S$275 Million Perpetual SecuritiesSINGAPORE, Indonesia Today - Leading global, integrated supply chain manager and processor of agricultural products and food ingredients Olam International Li... Bonds | Wednesday, 22 February 2012 Read more |
Vivi Junaedi Hie Resigns from Buana ListyaJAKARTA, Indonesia Today - Hie Vivi Junaedi has resigned as independent commissioner and head of audit committee of shipping company PT... People | Wednesday, 22 February 2012 Read more |
Garuda Sugardo Resigns as CEO of TiphoneJAKARTA, Indonesia Today - Garuda Sugardo has resigned as president director of PT Tiphone Mobile Indonesia (TELE) Tbk on January 24... People | Wednesday, 22 February 2012 Read more |
Talisman & Mitsubishi Join Forces for Papua New Guinea Oil-Gas ProjectsCALGARY, Indonesia Today - Talisman Energy Inc and Mitsubishi Corporation have entered into strategic joint venture for the development of ni... Energy | Wednesday, 22 February 2012 Read more |
Sherritt to Commence Drilling at Sulawesi Metal Project in 2HTORONTO, Indonesia Today - Sherritt International Corporation plans to commence its resource drilling program for Sulawesi metal project in second-half (2... Mining | Wednesday, 22 February 2012 Read more |
BII Profit Jumps 45% on Higher Interest IncomeJAKARTA, Indonesia Today - PT Bank International Indonesia (BII) Tbk (BNII), a subsidiary of Maybank, booked consolidated net profit of ... Banking | Wednesday, 22 February 2012 Read more |
Nazaruddin Demands Court to Summon Anas as WitnessJAKARTA, Indonesia Today – A defendant and former treasurer of President SBY’s Demokrat Party, Muhammad Nazaruddin, via his lawyer, Hotman ... Corruption | Wednesday, 22 February 2012 Read more |
JAKARTA, Indonesia Today - PT Indomobil Sukses Internasional (IMAS) Tbk has boosted direct ownership in PT Central Sole Agency (CSA) from 62.86% to 85.5%.
Indomobil and other shareholders agreed to raise issued and paid-up capital of CSA from Rp127.3 billion to Rp327.3 billion.
Ownership of PT Wahana Inti Central Mobilindo (WICM) and PT IMG Sejahtera Langgeng (IMGSL), meanwhile, dropped to 10.9% and 3.5% respectively from 28% and 9%.
Indomobil initially controlled CSA through WICM (where Indomobil owned 83.81% shares), IMGSL (99% owned by Indomobil), and directly 62.86%.
Indomobil argued increasing direct ownership in CSA will boost the company's consolidated profitability.
Indomobil shares closed higher by 3.45% to Rp15,000 Friday (Jan 27) or a 139% gain from early last year. (Indonesia Today)
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- Multiply Moves Headquarter to Indonesia
- Lotte to Open First Duty Free Shop in Indonesia Next Week
- United Tractors Coal Sales Jumps 47%
- Sinar Mas Multiartha Targets $300 Million from Private Placement
- KPK Pursues Further Investigation to Reveal Mastermind of Miranda Graft Case
- KPPU Clears Asmin Bara Acquisition by Pamapersada
- UFS Shares Soar 50% on Planned Reverse Takeover of Golden Energy Mines
- Flat Panel Display TV Boosts Electronic Sales in 2011
» Salim's Gallant Venture Bags US$200 Million Loan
» What People Say if SBY Pursues a Film Career?
» Bank Permata Posts 14% Profit Growth in 2011
» Demand Weakness & Fuel Prices Force Singapore Airlines Cargo to Cut 20% Capacity
» Andi Mallarangeng Denies Allegations in Court
» Aberdeen Invests in Aceh Gold Projects
» WOM Finance Profit Crashed 96%
» Coca-Cola Amatil Posts 17.5% Growth in Indonesia & PNG
» Wilmar & ADM Mull Global Partnership in Fertilizer, Ocean Freight & Refining
» Kingsrose Extends Gold-Silver Zone in Talang Santo, Sumatra
