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JAKARTA. PT Aneka Tambang Tbk (ANTM) more stable bonds.SOEs have been doing mini-expose on the plan to the Indonesian Stock Exchange (IDX) on Thursday (29 / 9) yesterday.
"They had a mini expose yesterday. Tentatively, the possibility of Antam's bonds could rise in December if everything runs smoothly," said Director of Corporate Valuation Indonesia Stock Exchange (IDX) Eddy Sugito, in Jakarta on Friday (30 / 9). The plan, ANTM will issue bonds worth Rp 4 trillion and the first phase will be published this year amounting to Rp 1.5 trillion to Rp 2 trillion.
To smooth out this corporate action, ANTM has appointed Standard Chartered Bank, Deutsche Bank and Mandiri Securities as underwriter. While the bond proceeds for construction projects of East Halmahera FeNi worth U.S. $ 1.6 billion.
Halmahera own Feni Project is expected to increase the reserves of nickel with a production capacity of 27 thousand tonnes of nickel in ferronickel. Ground breaking project is expected to be carried out at the end of this year. Meanwhile, the operation of FeNi Halmahera project will be commercially operating by the end of 2014. source: kontan.com
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"They had a mini expose yesterday. Tentatively, the possibility of Antam's bonds could rise in December if everything runs smoothly," said Director of Corporate Valuation Indonesia Stock Exchange (IDX) Eddy Sugito, in Jakarta on Friday (30 / 9). The plan, ANTM will issue bonds worth Rp 4 trillion and the first phase will be published this year amounting to Rp 1.5 trillion to Rp 2 trillion.
To smooth out this corporate action, ANTM has appointed Standard Chartered Bank, Deutsche Bank and Mandiri Securities as underwriter. While the bond proceeds for construction projects of East Halmahera FeNi worth U.S. $ 1.6 billion.
Halmahera own Feni Project is expected to increase the reserves of nickel with a production capacity of 27 thousand tonnes of nickel in ferronickel. Ground breaking project is expected to be carried out at the end of this year. Meanwhile, the operation of FeNi Halmahera project will be commercially operating by the end of 2014. source: kontan.com
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