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PP PRoperti ( IJ; Rp190; Not Rated) plans to issue bonds and medium term notes worth minimal of Rp1.6tn. The proceed will be used for land acquisition (Rp1.12tn) and the funding of project West Java International airport in Kertajati. targets to acquired total of 150ha by the end of FY17 from the total of 350ha airport area. In separate news, booked total marketing sales of Rp3tn in 11M17, exceeding its FY17 target of Rp2.9tn. For FY18, company targets 20% growth to Rp3.6tn marketing sales. (Bisnis Indonesia & Kontan).
Sumber : IPS RESEARCH
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