Posts Tagged ‘Corporate’
ZTE Corporation is eager to provide solutions and telecommunications equipment from upstream to downstream. But for now, cash cow Chinese vendor is still in the line of business infrastructure.
David Dai Shu, Department Director of Corporate Branding & Communications, ZTE Corporation, said it could be seen from the contribution of revenue earned ZTE which 70 percent comes from infrastructure services. While the remainder is controlled by terminal business which includes the handheld device and a modem dongle.
ZTE’s sales revenue in 2009 alone recorded USD 8.82 billion, up 36.08 percent from the year 2008. Where more than half, or U.S. $ 4.45 billion diraup from Chinese local market. New remainder of $ 4.37 billion derived from outside China.
China is somewhat late to adopt 3G technology. Not because they are infrastructure issues that are not ready, but more than to wait for government permission.
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U.S. dollar was still at its lowest point, especially the Japanese yen. While the Asian bourses quite crowded with stock index moves quite varied.
In trading Tuesday (14/09/2010) on the Tokyo stock exchange, yen bounce back to its highest point in the last 15 years the U.S. dollar.
Strengthening of the yen came after Japanese Prime Minister Naoto Kan won the party leadership election. With his victory as the leader of the Democratic Party of Japan (DPJ), means Kan position as prime minister will remain safe.
U.S. dollar weaker on the market in Tokyo was recorded up to 83.09 yen, its lowest since May 1995 before it slightly recovered to 83.40 yen positions. In trading yesterday, the U.S. dollar closed at 83.61 yen level. The lowest level of U.S. dollar is in the position of 83.33 yen on 8 September. Read the rest of this entry »
PT Krakatau Steel (KS) intend to submit registration documents planned initial public offering (initial public offering / IPO) to the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) on August 20, 2010.
However, he was reluctant to say much because the prospective issuers red steel plate was still in the blackout period. To carry out its corporate action, the company has appointed PT Danareksa Securities, PT Bahana Securities, PT Mandiri Securities as managing underwriters (underwriter) IPO.
Deputy Ministry for State Owned Enterprise Restructuring and Privatization Mahmuddin previous Yassin said, the listing of shares on the floor KS Indonesian Stock Exchange (IDX) will take place on 10 November 2010.
Scheme of disposal of shares will be made this state-run companies will do the same with Garuda, which is released gradually. Read the rest of this entry »
PT Krakatau Steel (KS) listed the value of exports amounted to USD105 million-$ 140 million that the majority of hot rolled products derived from coal (HRC).
VP Corporate Communication Hernawan KS Interview be explained if the export state-owned steel producers is only equal to 10 percent. “Right now exports only 10 percent of total production, we export kinds of HRC,” he said in Jakarta on Friday (13/08/2010).
He revealed if HRC production company reached two million tons, in which the exported approximately 150 thousand-200 thousand tons. With an average price of approximately USD700 per ton.
Henry also said if the export destination countries including Japan, Australia, India and the United States.
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HSBC Fund Services-Clients A / C 500 increased its shareholding in PT Multipolar Tbk (MLPL) by buying 3.17 million shares. Purchases made on August 4 to 10, 2010.
According to the Corporate Secretary Multipolar Chrysologus RN Sinulingga, purchase of shares was done at the price range of USD 92.1 to 95 per share. Bringing the total shares of 533.61 million shares owned by HSBC, convey statement on the official website of the Indonesian Stock Exchange (IDX), Saturday (08/14/2010).
He said HSBC’s ownership of these, a total of about 428.32 million shares of which are owned Argyle Street Management Limited (ASML), ASM Asia Recovery (Master) Fund.
Indonesia Stock Exchange (IDX) include shares of PT Pan Brothers Tbk (PBRX) and PT Evergreen Invesco Tbk (GREN) in the category Unusual Market Activity (UMA) because of an increase in transaction activity and price out of the ordinary.
PBRX shares increased transactions and prices starting from July 29, 2010 trade. On July 28, 2010 trade, PBRX prices are still at the level of Rp 415 per share. On August 5, 2010 trade, has been perched on PBRX price Rp. 620 per share, an increase of Rp.205 (49.39%) of the closure July 28, 2010.
GREN shares also increased the transaction and the price is high enough starting from July 20, 2010. At the close of July 19, 2010, shares GREN still at the level of Rp 179 per share. At the close of business August 5, 2010 has been perched at the level of Rp 315 per share, an increase of Rp. 136 (75.98%) of the closure July 19, 2010.
Both price increases accompanied by an increase in transaction volume is high enough. In fact, they have not announced any particular corporate action plan.
Therefore, BEI entered both in the category of UMA. IDX asked investors look at both the stock price movements and to monitor the disclosure of official information is published.
Net income of PT Goodyear Indonesia Tbk (GDYR) until the first half of 2010 increased slightly from 4.38% to U.S. $ 3.081 million to U.S. $ 3.216 million. Net sales jumped to U.S. $ 40.101 million to the cause of rising corporate profits.
It is mentioned in the published financial statements of the company in Jakarta. This automotive company’s net sales reached U.S. $ 93.28 million or an increase of 72.67% over the same period last year amounted to U.S. $ 55.179 million. Cost of goods sold also increased from U.S. $ 45.74 million to U.S. $ 83.776 million.
Thus, gross profit reached U.S. $ 9.504 million, or 0.68%, slightly higher than the first half of 2009, U.S. $ 9.439 million. Operating expenses also rose by almost 50% from U.S. $ 2.895 million to U.S. $ 4.01 million. Read the rest of this entry »
Telecommunications network vendor Alcatel-Lucent (ALU), hook the computer manufacturer Hewlett Packard (HP) to introduce a new corporate communication solution, Unified Communications and Collaboration (UC & C).
This solution is in the estimate could provide greater value to customers in the corporate segment.
Capabilities offered by UC & C covers many things, among them the migration of multi-vendor and derivation of the PBX (Private Branch eXchange) to the integration layer of VoIP (Voice over Internet Protocol) – which uses the open architecture of IP telephony and workflow automation – and the burden work within the business processes that will reduce operational costs by improving the effectiveness of all resources within the company.
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