Tag Archives: local companies

Assess Semen Indonesia Rp 3 Trillion Bonds

jaysonhyd   July 9, 2017  
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Jakarta – President Director of PT. Semen Indonesia Tbk Soetjipto said the company examines global bonds worth U.S. $ 300 million or Rp 2.98 trillion. The plan that bonds will be issued next year. “It’s an investment for next year,” he said when met after the event Bisnis Indonesia, Tuesday evening, July 2, 2013.
The Company requires capital expenditure of U.S. $ 500 million – U.S. $ 600 million next year. Half of it comes from the need of external funding is through the issuance of bonds. “For this year we are still strong power of cash.”
Capital expenditure was used to build two new factories in Apex, Central Java, and Indarung, West Sumatra. Some will be used to finance business expansion plans into Myanmar and Vietnam.
Factory in Vietnam built with a production capacity of 2.3 million tons. The investment value of Rp 1.5 trillion in the form of investment of 70 percent ownership stake Thang Long Cement.
The Company is considering a rate cut option Thang Long Cement factory in Vietnam that is too high. “Hopefully in the near future could have taken a decision,” he said.
The plant began operations in Myanmar next year. The investment value of U.S. $ 200 million. The plant production capacity of 6.5 million tons per year. “This new subsidiary with local companies Myanmar, our ownership share of 51 percent minimum,” said Dwi.
This year the company is targeting sales volume in 2013 amounted to 28 million tons, and the company’s 44 percent market share.
Capex this year of Rp 4 trillion. Sources of funding capital expenditure is 40 per cent and 60 per cent internal funds from bank loans.