Monday, June 30, 2014

Indonesia Market Summaries 30 June 2014

PT Bank Pembangunan Jawa Barat & Banten Tbk (BJB, BJBR, Rp 825, SELL, TP Rp 850)
Mr Irvan Ahmad, one of the new directors of BJB, passed the fit and proper test, held by Otoritas Jasa Keuangan (OJK). That makes two other new directors have not passed the fit and proper test. (Kontan)


Lembaga Penjamin Simpanan (LPS) stated be able to handle the closing of 40 small troubled banks because it already has the assets to Rp 47,92 trillion by the end of May. The funds are largely derived from premium income of the banking industry. (Investor Daily)

The capital expenditure (capex) of PT Indomobil Sukses Internasional Tbk (IMAS, Rp4.900) at USD 600 million or equivalent to Rp 7,17 trillion. The funds will be used for the construction of 20 new stores. (Bisnis Indonesia)


for Indonesia Market Summaries 30 June 2014