Monday, July 28, 2014
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Indonesia  Indonesia : SK PLANET to establish Joint Venture with XL AXIATA in INDONESIA ABW

SK Planet declared that it has inked an agreement with PT XL Axiata for the establishment of a joint venture (JV) in Indonesia to offer mobile and online services.The move is an attempt to capitalize on the country's fast-growing population of mobile and Web users.It is expected that the JV will be offering navigation services, online shopping, and online auction.This is not the first time SK Planet has ventured into Indonesia.

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XL Axiata Tbk, PT | Indonesia Stock Exchange | EXCL Friday, July 25, 2014 
Close Price (IDR)
Open (IDR)
High (IDR)
Low (IDR)
Change (IDR) [% Change]
-125.00 [-2.2624%]
Value (IDR)
52 Week High (IDR)
52 Week Low (IDR)
YTD High (IDR)
YTD High (IDR)
P/E Ratio
Shares Outstanding
Market Cap (IDR)
NA = Not Available
Indonesia Stock Exchange
Top 5 % Gainers 25 July
Name Close Chg % Chg
Lippo General Insurance Tbk, PT 4,505.00 +900.00 +24.97%
Ristia Bintang Mahkotasejati T 97.00 +15.00 +18.29%
Visi Media Asia Tbk 266.00 +37.00 +16.16%
Electronic City Indonesia Tbk, PT 1,950.00 +265.00 +15.73%
Bumi Teknokultura Unggul Tbk 1,500.00 +200.00 +15.38%
Top 5 % Losers 25 July
Name Close Chg % Chg
Bentoel Internasional Investam 465.00 -90.00 -16.22%
Surya Semesta Internusa Tbk 740.00 -85.00 -10.30%
Malindo Feedmill Tbk 2,850.00 -295.00 -9.38%
Lamicitra Nusantara Tbk 216.00 -16.00 -6.90%
Mulia Industrindo Tbk 525.00 -35.00 -6.25%
User Comments and Discussions
(Newest to Oldest)
Top Headlines
Singapore to boost economic ties with Africa
Equities Might Take Break on Cyprus Haircut: Mario Sant Singh
Smartphones Forecasted to Equate for Two-Thirds of Total Mobile Shipments by 2017
Communications Equipment Companies Surge After Ciena Releases Strong Quarterly Results
Updated: 25 July
Close 5,088.80
Net Change -9.84
Pct Change -0.19%
Indonesia Stock Exchange
Top Volume Movers 25 July
Bumi Resources Tbk 272,178,900
Sentul City Tbk 207,401,100
Nusantara Infrastructure Tbk. 203,946,900
Visi Media Asia Tbk 155,534,800
Pakuwon Jati Tbk 122,336,800
Top Value Movers 25 July
Bank Mandiri (Persero) Tbk, PT 397,725,310,000.00
Bank Rakyat Indonesia (Persero 365,299,670,000.00
Astra International Tbk, PT 246,708,772,500.00
Bank Negara Indonesia (Persero 214,861,496,500.00
Telekomunikasi Indonesia Tbk, PT 211,730,868,500.00
Top Deal Movers 25 July
Kalbe Farma Tbk 7,880
Telekomunikasi Indonesia Tbk, PT 6,378
Bank Mandiri (Persero) Tbk, PT 6,021
Pakuwon Jati Tbk 5,512
Bumi Resources Tbk 5,417
Related News  
Indonesia likely to approve Axis acquisition by XL this year (08/16/2013)  
XL Axiata to upgrade East Java network (06/13/2013)  
Indonesia's XL to strengthen M2M business with Ericsson (02/05/2013)  
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