[ad_1]
Jakarta, CNBC Indonesia – The Jakarta Composite Index (JCI) closed slightly corrected 0.18% at 5,933.69 on Thursday (10/12/20).
Trade data pointed out that foreign investors made net sales of Rs 130 billion on the regular market today with a transaction value of Rs 19.8 trillion.
JCI’s decline came after Finance Minister Sri Mulyani Indrawati decided to increase excise rates on cigarettes in 2021. The increase in excise taxes on cigarettes in 2021 averaged 12.5 percent . With this, the price of cigarettes may be more expensive in 2021 by up to 14%.
Globally, there is positive sentiment coming from the UK, which started the first Covid-19 vaccination to the public on Tuesday (8/12/2020). This made Great Britain one of the first countries in the world to do so.
To resume operations today Friday (11/12/20200, it is good to hear a series of news about the issuer that happened yesterday.
1. Promised to be ready for expansion in 2021, a new blue bird will use a capex of 500 billion IDR
Transportation services issuer PT Blue Bird Tbk (BIRD) still plans to expand in the second half of next year, after the company’s expansion plans for this year stalled due to the Covid-19 pandemic.
In fact, this year the company plans to add hundreds of fleets of electric vehicles, also known as electronic vehicles (EVs).
Blue Bird director Eko Yuliantoro said the company only had this year’s expansion in January and February, after which the expansion had to be carried out selectively considering current conditions.
2. Erick Thohir: Telkom has a great corporate action next year
The Ministry of Public Enterprises (BUMN) is preparing a major business action to be carried out by PT Telkom Indonesia Tbk (TLKM). This corporate action will be carried out by the company at the end of next year.
BUMN Minister Erick Thohir said this corporate action was expected to increase the company’s market capitalization from the current position of 370 billion IDR, back to 400 billion IDR or more than that figure.
3. Good news! BTN Credit in November begins to grow 1%
Amid a contraction of the national economy due to the pandemic, PT Bank Tabungan Negara Tbk (BBTN) still posted credit growth. Although it is still weakening, the trend is showing in a positive direction.
BTN president and director Pahala Nugraha Mansury said that in November BTN’s credit growth grew close to 1%, compared to October this year in the range of 0.25%.
Pahala estimates that by the end of this year, credit growth may grow by around 2%.
4. Debt received from IDR 2.5 T, repurchase of Soechi Lines IDR 1.9 T bonds
The shipping company, PT Soechi Lines Tbk (SOCI), secured a syndicated term credit facility of US $ 180 million or the equivalent of Rs 2.52 trillion (exchange rate of Rs 14,000 / US dollars).
This syndicated line of credit, which was signed on December 4, was obtained from PT Bank Mandiri (Persero) Tbk (BMRI) and PT Bank Central Asia Tbk (BBCA) who acted as initial lender and Lead arranger and jointly mandated bookrunners.
Regarding acting as borrowers and insurers, namely the company and various subsidiaries, namely PT Multi Ocean Shipyard, PT Sukses Osean Khatulistiwa Line, PT Inti Energi Line, PT Armada Bumi Pratiwi Lines and PT Putra Utama Line. Others are PT Armada Maritime Offshore, PT Selaras Pratama Utama, PT Sukses Maritime Line and PT Lintas Samudra Maritim.
5. Successful reverse stock split, Banten bank stocks corrected 6.8%
PT BPD Banten Tbk (BEKS), also known as Bank Banten, has just successfully carried out a corporate action reverse stock split (RSS) about today’s operations (10/12/20).
RSS is a corporate share of a publicly traded company that combines its shares and produces a small number of shares that are considered more valuable than before. It is the opposite ofstock split, or division of shares.
The Company advertises a 10: 1 RSS ratio for Series A shares and Series B shares. Thus, investors who own 10 shares of BEKS will find that their total shares are 1 unit.
6. Sri Mulyani Kerek increases cigarette smoking, what is Gudang Garam’s response?
The cigarette issuer, PT Gudang Garam Tbk (GGRM), responded to Finance Minister Sri Mulyani’s decision to increase the tax on tobacco (CHT) or tobacco by an average of 12.5% from next year.
Gudang Garam director Istata Taswin Siddahrta said that as an industry player, the company will follow the government’s policy. Although convinced, the government has calculated the impact on the tobacco industry.
“We always support the government’s policies. Light or heavy, with the possible consequences that decision makers should have considered well,” he told CNBC Indonesia on Thursday (10/12/2020).
7. Soared hundreds of percent, these 2 swap suspension stocks
The Indonesian Stock Exchange (IDX) temporarily suspended (suspension) trading of shares of two issuers due to a significant increase in accumulated prices. This suspension takes effect from the negotiation of this Thursday (10/12/2020).
In its announcement, IDX mentioned the two stocks, namely PT Island Concepts Indonesia Tbk. (ICON) and PT Pool Advista Finance Tbk. (POLA) together with Warrants Series I of PT Pool Advista Finance Tbk (POLA-W).
8. SCTV’s parent company increases the share buyback budget to Rp. 1.5 T
The issuer managing the two TV stations SCTV and Indosiar, PT Surya Citra Media Tbk (SCMA), has again increased its budget allocation for a share buyback worth Rs 1.5 trillion. Previously, the company had also carried out the same corporate action with a total purchase value of Rs 1.33 trillion.
Based on the disclosure of information published by the company on the Indonesian Stock Exchange (IDX), this buyback will take place in the period from December 8, 2020 to March 7, 2021.
9. Play! Mega merger of issuer Prajogo Pangestu Rp. 53 billion
The petrochemical issuer belonging to the magnate Prajogo Pangestu, PT Chandra Asri Petrochemical Tbk (TPIA) has the approval of the shareholders to carry out a business merger or merger with a subsidiary, PT Styrindo Mono Indonesia (SMI).
This was agreed on the agenda of the company’s Extraordinary General Meeting of Shareholders (EGMS) on Monday, December 7, 2020 at Wisma Barito Pacific Tower.
Up to 99.99% of the votes of all shares with valid voting rights at the meeting approved this corporate action.
10. INDY creditors agree to amend the Rp. 8T
The Indika Group’s coal mining company subsidiary Indika Energy Capital III Pte. Ltd approved the modification of the dollar-denominated bonds worth US $ 575 million or the equivalent of Rs 8.12 trillion.
Indika Energy Capital III Pte. Ltd previously submitted its consent to request the bonds that will mature on November 9, 2024. The principal value of the bonds is US $ 575 million with a coupon of 5.87 percent.
Meanwhile, the deadline for bondholders to submit their approval is no later than 5:00 pm New York time, December 4, 2020 or the closing date.
[Gambas:Video CNBC]
(bag bag)
