Indonesia Market Summaries 27 June 2013

• PT Elang Mahkota Teknologi Tbk (EMTK, Rp6.600) opened two corporate acquisition opportunities in the field of IT and media with a total valuation of more than Rp1 trillion. This two company engaged in the business of media content and media portals.
  
  The acquisition of this two companies expected could be completed this year, preceded by transaction of media content company acquisition whose transaction value is smaller. Acquisition funds will come from internal cash. Based on the financial statements, internal cash EMTK have reached Rp3, 7 trillion. (Bisnis Indonesia)

• Otoritas Jasa Keuangan (OJK / Financial Services Authority) is currently reviewing the use of bond index as a parameter to the development of trade bonds and sukuk.
  
  The plan, bond index will be issued by the Indonesia Bond Pricing Agency (IBPA), although the OJK to consider if there are other parties than the IBPA can provide bond index.

• PT Bakrieland Development Tbk (ELTY, Rp50) sell two assets in Bali and Bukit Jonggol. The total transaction reaches Rp2, 9 trillion. ELTY assets that are sold in Bali is Bali Nirwana Resort and the transaction reportedly has entered the final stage.
  
  In fact, the asset of Nirwana Bali area of ​​103 hectares (ha) in Tanah Lot, Bali, has also been sold entirely to the MNC Group. The sale of assets was done in two phases, the first phase of 49% in May 2013 and the remaining 51% in June. (Kontan)
• PT Nusa Raya Cipta Tbk (NRCA, Rp1.000) up 17.64% to Rp 1,000 per share from the set price Rp 850 per share, on its trading debut June 27, 2013.
  
  The Company offers a stock as much as 306,1 million shares with a nominal value of Rp100. Initial implementation of the company's stock price set Rp850 per share. The funds will be gained from the stock offering around Rp 260,17 billion. The funding will be used by the company, for a variety expansion this year. (Inilah.com)

for Indonesia Market Summaries 27 June 2013