19-12-2014, 01:23 PM
http://id.linkedin.com/pub/iwan-aliwayana/45/b76/a3b
Mr Iwan Aliwayana Concurrently Holding Top Finance Positions In Pollux Properties Indonesia & PT Jakarta Setiabudi International TBK, Leaving Much Room For Imagination!
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Jakarta Setiabudi Find Rp860 Billion Loan
Newspapers SINDO
Thursday, November 20th, 2014 - 11:06 pm
JAKARTA - Property developer PT Jakarta Setiabudi Internasional Tbk (JSPT), is looking for a bank loan of about Rp860 billion.
The funds will be used by the enterprise to develop the property business in 2015. Jakarta Setiabudi International Finance Director Lim Merry said, the company must spend a total of 1.2 trillion to work on the real estate business in the next year. Meanwhile, about 30% of funding sources from internal cash and 70% bank loans.
Thus, the company will seek a loan of about Rp860 billion of the total capex (capital expenditure / capex) in 2015. "We are currently exploring the syndicated loan from banks. We have already committed to provide loans to the company is Bank OCBC NISP, "said Merry to a number of media in Jakarta yesterday.
Capex is later used to work on several projects, including the development of a mixed-use project in Mega Kuningan, South Jakarta, superblocks in Puri Botanical, West Jakarta, residential and commercial in Yogyakarta, and the development of apartments Lush Green and Close to Nature Residence in Puri Botanical, West Jakarta.
Vice President Director of Jakarta Setiabudi International Purwo Prawiro Day added, capital expenditure next year also will be used to develop a mixed-use project in Puri Indah, Jakarta Barat, condos and retail in Sanur Bali, renovation and development gradually Mercure Resort Sanur Bali, then develop Limited Service Hotel in Semarang and other locations.
"Essentially, the capital expenditure will be allocated for the development of the company's eight projects, both existing and new will run," he said. Through the development of a project plan, further Purwo, Jakarta Setiabudi International is targeting revenue growth of around 10-15% in 2015, compared with actual revenue in 2014.
According to Merry, the company's revenue in the next year will be contributed from investment property business lines (recurring revenues) and property development business lines (non-recurring income). However, revenue growth in 2015 has not been too drastic for a large mixed-use projects Mega Kuningan, South Jakarta, will not contribute in 2015.
Mega Kuningan project which has a land area of about 3 hectares (ha) will be developed in two phases. The first stage consists of office buildings, five-star hotel and shopping center (retail). In the first stage of the value of the investment will be reached Rp 3 trillion.
My guess is a JV in developing the Superblock in Mega Kuningan. Perhaps one of the skyscraper tower could be the five-star hotel with Pollux's Jakarta SCBD Serviced Residences being one of the main component.
Mr Iwan Aliwayana Concurrently Holding Top Finance Positions In Pollux Properties Indonesia & PT Jakarta Setiabudi International TBK, Leaving Much Room For Imagination!
http://translate.google.com.sg/translate...rev=search
Jakarta Setiabudi Find Rp860 Billion Loan
Newspapers SINDO
Thursday, November 20th, 2014 - 11:06 pm
JAKARTA - Property developer PT Jakarta Setiabudi Internasional Tbk (JSPT), is looking for a bank loan of about Rp860 billion.
The funds will be used by the enterprise to develop the property business in 2015. Jakarta Setiabudi International Finance Director Lim Merry said, the company must spend a total of 1.2 trillion to work on the real estate business in the next year. Meanwhile, about 30% of funding sources from internal cash and 70% bank loans.
Thus, the company will seek a loan of about Rp860 billion of the total capex (capital expenditure / capex) in 2015. "We are currently exploring the syndicated loan from banks. We have already committed to provide loans to the company is Bank OCBC NISP, "said Merry to a number of media in Jakarta yesterday.
Capex is later used to work on several projects, including the development of a mixed-use project in Mega Kuningan, South Jakarta, superblocks in Puri Botanical, West Jakarta, residential and commercial in Yogyakarta, and the development of apartments Lush Green and Close to Nature Residence in Puri Botanical, West Jakarta.
Vice President Director of Jakarta Setiabudi International Purwo Prawiro Day added, capital expenditure next year also will be used to develop a mixed-use project in Puri Indah, Jakarta Barat, condos and retail in Sanur Bali, renovation and development gradually Mercure Resort Sanur Bali, then develop Limited Service Hotel in Semarang and other locations.
"Essentially, the capital expenditure will be allocated for the development of the company's eight projects, both existing and new will run," he said. Through the development of a project plan, further Purwo, Jakarta Setiabudi International is targeting revenue growth of around 10-15% in 2015, compared with actual revenue in 2014.
According to Merry, the company's revenue in the next year will be contributed from investment property business lines (recurring revenues) and property development business lines (non-recurring income). However, revenue growth in 2015 has not been too drastic for a large mixed-use projects Mega Kuningan, South Jakarta, will not contribute in 2015.
Mega Kuningan project which has a land area of about 3 hectares (ha) will be developed in two phases. The first stage consists of office buildings, five-star hotel and shopping center (retail). In the first stage of the value of the investment will be reached Rp 3 trillion.
My guess is a JV in developing the Superblock in Mega Kuningan. Perhaps one of the skyscraper tower could be the five-star hotel with Pollux's Jakarta SCBD Serviced Residences being one of the main component.