PT Pakuwon Jati (PWON) recorded Rp3.5 trillion or 4% of net revenue growth in the first semester of 2019 from Rp3.37 trillion in the same period last year. In addition, PWON also recorded comprehensive profit of Rp1.63 trillion or 28% growth from Rp1.28 trillion in 2018. PWON also recorded its recur... [read more]

PT Bhakti Agung Propertindo Tbk. will initiate its Initial Public Offering by appointing MNC Sekuritas as the Joint Lead Underwriters in August 2019. From the total acquired fund, 20% will be allocated for bank debt payment and 80% for working capital. Currently, Bhakti Agung is developing Green Cle... [read more]

PT Alamindo Trulynusa (ALSA) launches three new products simultaneously. The first is Sriwijaya Cluster which adopts the resort concept in Dharmawangsa Residence on 6 hectares of land area. The second is Jasmine type in Panjibuwono Residence and the third is Zinnia type in Boulevard Panjibuwono. In... [read more]

After the completion of seven towers in Sentra Timur Residence Apartment Project, PT Bakrieland Development Tbk. through its subsidiary PT Bakri Pangripta Lokas (BPL) is launching a new tower named Jade Tower in Pulogebang, East Jakarta, comprising 342 units of 18 square meters to 36 square meters t... [read more]

Minister of Energy and Mineral Resources Ignasius Jonan inaugurated the construction of the steam and gas powered power plant (PLTGU) Grati Blok III in Pasuruan, Wast Java. The power plant will have the capacity of 450 MW from two gas turbines fueled by gas and Compressed Natural Gas (CNG). The Proj... [read more]