SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.
HK Realtindo plans to issue 35% of its share base to the public to raise Rp1 .0t-1.4t. The company has assigned Bahana Securities, MAndiri Sekuritas, Danareksa Sekuritas, BNI Securities and RHB Securities Indonesia to handle the IPO, which will be conducted In Apr-May 17.
Gajah Tunggal (GJTL) booked net income of Rp583b in 9M!6, vs a net loss of Rp750b in 9M15. Revenue grew 6.% yoy to Rp10.16t (9M15: Rp9.54t). Due to lower cost of goods sold, gross margin expanded from 19.1% in 9M15 to 23.9%.
Adira Dinamika Multi Finance (ADMF) plans to issue sustainable bonds worth Rp9.0t in two types – conventional bonds and Sukuk. The proceeds will be used to refinance its debt and for expansion. The company expects its loans to grow 8-9% yoy in 2017.