Inovisi Infracom Proposed Bonus Issue of About 733 Million Shares, Bullish on Business Prospect

Share Article

Bonus issue in August 2011, reward to shareholders before "Lebaran".

PT Inovisi Infracom Tbk a proposed bonus issue of about 733 million shares expected to be completed in August 2011. The company is expected to increase the paid up capital to meet 25% of authorized capital.

Inovisi core business in telecommunication infrastructure services are in line with overall Internet booming phenomena in Indonesia. According to Indonesia Finance Today, Nielsen Indonesia reported internet users in Indonesia in first quarter 2011 is up 20% to 51.7 million users, from 41.3 million users in 1st quarter 2010. Total internet users surpass 22% of 235 million Indonesian population. The increase of internet users are expected to boost online advertising, local start ups and e-commerce in Indonesia.

Earlier last week, Nielsen Southeast Asia Digital Consumer Report stated about 48% internet users in Indonesia uses mobile phones to gain access internet up to 2nd quarter 2011. The other medium includes Internet Cafe, home, work place and library.

"It is not uncommon for many clients to double their usage every two months as the Internet penetration is still low compared to developed countries", commented Inovisi media relation. "If the market is growing at 20% per quarter, the independent research numbers speak for themselves, we hope we could at least perform the same or better".

The Group expanded the infrastructure business to cover other industries such as coal trading, oil & gas storage and power engineering services as part of the business diversification strategy.

Inovisi recently has been added into JBA 25, similar key index calculation to Dow Jones Industrial Average in US and Nikkei 225 Average in Japan. About 8 new listed company are included in the composition of JBA 25 as per July 2011, including PT International Nickel Indonesia Tbk, PT HM Sampoerna Tbk, PT Astra Otopart Tbk, PT Mayora Indah Tbk, PT XL Axiata Tbk, PT Japfa Comfeed Indonesia Tbk, PT Matahari Putra Prima Tbk, and PT Inovisi Infracom Tbk.

About Inovisi Infracom

PT Inovisi Infracom is a diversified infrastructure investment holding company in telecommunication, energy & resources, oil & gas, power electricity & engineering, mobile Internet, media and e-commerce businesses. The Company provides product(s) and service(s) which enable its customers to engage and get involved in the mobile business via connecting to the mobile telecommunication networks and providing various services to serve the general public. Inovisi’s services serve to improve customer experience (faster access), boost transaction success rate, and increase application reliability. Inovisi’s services include the system design, leasing or outsourcing and also selling of hardware, software and connectivity to its customers. Inovisi investment portfolio includes telecommunication infrastructure, social networking and communications, e-payment solutions, and online marketplaces. Company e-commerce recently extended into oil & gas, coal & mineral, industrial products and services. The Company other businesses includes mineral resources trading, geological research, and project management services. The company also provides power electricity and power plant engineering services, as well as independent power plant (IPP) consulting services. Investment division involves in project financing, seed and bridge investments as well as corporate M&A activities. For further information, visit the company’s web site at: http://www.inovisi.com

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Editor
Inovisi Infracom Tbk
021-5793-8515-6
Email >
Visit website