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JAKARTA. Plan Reality Tbk PT Alam Sutera (ASRI) issue bonds worth Rp 1.1 trillion, seem to be delayed. "The condition of the market broke down again, when you go out now pricing its ugly. Sowe wait and see, first," said Director of ASRI Tri Ramadi, when contacted by Cash, Monday (3 / 10).
Previously, the company plans to publish this property dollar-denominated bonds worth Rp 1.1 trillion. Previously, ASRI hadexpressed it plans to issue these bonds in the third quarter of2011.
However, due to current global conditions are likely to deteriorateagain causing companies to review the plan. "We see the beginning until the first quarter of next year, has decided it will likelybe delayed until when or canceled. But if the market improvestomorrow, we are ready to publish," said Tri.
Results of funds from the issuance of bonds is planned to be usedto acquire land in Bali. Funding requirements for this acquisitionreach Rp 700 billion. While the rest of the other funds, is planned to be allocated to acquire land in the area of Jakarta, Serpong,Tangerang and Markets Thursday.
source: kontan.co.id
please give me comments thanks
Previously, the company plans to publish this property dollar-denominated bonds worth Rp 1.1 trillion. Previously, ASRI hadexpressed it plans to issue these bonds in the third quarter of2011.
However, due to current global conditions are likely to deteriorateagain causing companies to review the plan. "We see the beginning until the first quarter of next year, has decided it will likelybe delayed until when or canceled. But if the market improvestomorrow, we are ready to publish," said Tri.
Results of funds from the issuance of bonds is planned to be usedto acquire land in Bali. Funding requirements for this acquisitionreach Rp 700 billion. While the rest of the other funds, is planned to be allocated to acquire land in the area of Jakarta, Serpong,Tangerang and Markets Thursday.
source: kontan.co.id
please give me comments thanks
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