indonesia

SINGAPORE (June 25): RH Petrogas has been awarded new 20-year contract terms each for the Kepala Burung Production Sharing Contract and the Salawati Kepala Burung Production Sharing Contract in Indonesia.

SINGAPORE (June 19): ABR Holdings says its intended acquisition of a 50% stake in PT Bintan Lagoon Resort for $65 million has been cancelled after “mutually and amicably” agreeing not to proceed with the property’s vendor, Resort Venture.

SINGAPORE (June 5): Beng Kuang Marine’s wholly-owned subsidiary, PT Marina Shipping (PTMS), has agreed to sell four sets of its tugs and barges to Indonesian company PT Quanta Indonesia for a total of $6.3 million.  

JAKARTA (June 4): Cooking up Indonesia's national dish is lot more expensive these days.

SINGAPORE (May 31): Perennial Real Estate Holdings has, through its wholly-owned subsidiary Perennial SL, acquired an effective 60% stake in a land parcel located in Sentul City, Bogor Regency, Indonesia, for a consideration of US$15.6 million ($21 millio

SINGAPORE (May 2): RHB is maintaining its “buy” call on Moya Holdings Asia with an unchanged target price of 15 cents after the group reported a “sterling” and “superb” 1Q18 set of results, in the research house’s view.

SINGAPORE (Apr 11): Financial services provider Allianz says it has invested US$35 million ($45.8 million) in Indonesian ride-hailing platform Go-Jek through its digital investment unit, Allianz X.

SINGAPORE (Apr 6): KS Energy’s PT Petro Papua Energi has been awarded a US$5 million ($6.6 million) extension contract for the KS Discoverer 6 land drilling rig in Indonesia.

SINGAPORE (Apr 5): CIMB says there are more winners than losers in Asean – among Malaysia, Indonesia, Singapore and Thailand (MIST) – in the escalating trade war between US and China.

SINGAPORE (Mar 28): Olam International says it has secured a total of US$163 million ($213.4 million) in loans from Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA).