Update COVID-19 in Indonesia: 127,083 confirmed infections, 5,765 deaths (10 August 2020)
Indonesia Investments Report - July 2020 Edition: A Modest Rebound
10 August 2020 (closed)
USD/IDR (14,777) +49.01 +0.33%
EUR/IDR (17,326) +24.33 +0.14%
Jakarta Composite Index (5,157.83) +13.94 +0.27%
Garuda Indonesia Plans Expansion through Rights Issue in Semester II-2013
State-controlled airline Garuda Indonesia plans to raise capital through a rights issue in semester II of this year. Funds assembled through this issue will be used to expand the company's fleet. In 2011, Garuda issued 30 percent of its shares on the Indonesia Stock Exchange (IHSG) although the House of Representatives (DPR) had in fact approved up to 40 percent. The remaining 10 percent will thus be sold this year.
Garuda is Indonesia's only top-class airline, having a four-star review from Skytrax. The airline announced an aggressive expansion plan labeled 'Quantum Leap' in 2009. Please visit its company profile for a detailed report about Garuda.
Bahas
Silakan login atau berlangganan untuk mengomentari kolom ini