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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 Thursday, Oct 30, 2014 
Close Price (IDR)
Open (IDR)
High (IDR)
Low (IDR)
Change (IDR) [% Change]
-175.00 [-3.1963%]
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 30 Oct
Name Close Chg % Chg
Tirta Mahakam Resources Tbk 103.00 +26.00 +33.77%
Apac Citra Centertex Tbk 127.00 +18.00 +16.51%
Sumalindo Lestari Jaya Tbk 72.00 +8.00 +12.50%
Gozco Plantations Tbk 95.00 +10.00 +11.76%
Elang Mahkota Teknologi Tbk 6,750.00 +650.00 +10.66%
Top 5 % Losers 30 Oct
Name Close Chg % Chg
Mahaka Media Tbk. 71.00 -20.00 -21.98%
Wicaksana Overseas Internation 66.00 -13.00 -16.46%
Wahana Phonix Mandiri Tbk 60.00 -11.00 -15.49%
Bayu Buana Tbk 1,050.00 -150.00 -12.50%
Indoexchange Tbk 395.00 -39.00 -8.99%
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Updated: 30 Oct
Close 5,058.85
Net Change -15.21
Pct Change -0.30%
Indonesia Stock Exchange
Top Volume Movers 30 Oct
Energi Mega Persada Tbk 352,483,900
Sentul City Tbk 162,486,800
Sekawan Intipratama Tbk 143,542,200
Telekomunikasi Indonesia Tbk, PT 111,621,300
Sitara Propertindo Tbk, PT 110,319,500
Top Value Movers 30 Oct
Telekomunikasi Indonesia Tbk, PT 306,842,202,500.00
Astra Agro Lestari Tbk 179,148,112,500.00
Bank Rakyat Indonesia (Persero 177,263,667,500.00
Bank Central Asia Tbk 169,743,387,500.00
PP London Sumatra Indonesia Tb 155,646,838,500.00
Top Deal Movers 30 Oct
Telekomunikasi Indonesia Tbk, PT 8,038
Sawit Sumbermas Sarana Tbk, PT 6,404
PP London Sumatra Indonesia Tb 5,951
Kalbe Farma Tbk 5,868
Astra Agro Lestari Tbk 5,209
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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