Dec. 16 (Bloomberg) -- The following stocks may have unusual price changes in Indonesian trading. Stock symbols are in parentheses, and share prices are as of the last close.
The Jakarta Composite index slid 0.9 percent to 3,658.31.
PT Astra International (ASII IJ): PT Surya Artha Nusantara Finance, Astra’s unit which provides financing services for heavy equipment, plans to sell 300 billion rupiah of bonds next month to fund working capital, it said in a prospectus published in Bisnis Indonesia. Astra, Indonesia’s biggest automotive retailer, was unchanged at 52,800 rupiah.
PT Bank CIMB Niaga (BNGA IJ): The Indonesian unit of Malaysia’s CIMB Group Holdings Bhd. plans to sell 1.6 trillion rupiah of fix-rate subordinated bonds to expand lending, it said in a prospectus published in Bisnis Indonesia. CIMB Niaga was unchanged at 2,175 rupiah.
PT Holcim Indonesia (SMCB IJ): Indonesia’s third-biggest cement producer has started construction of a $450 million cement plant in Tuban, East Java province with an annual production capacity of 1.7 million metric tons, Kontan reported, citing President Director Eamon Ginley. The plant will be operational in the first quarter of 2013, the report said. Holcim was unchanged at 2,425 rupiah.
PT Tiga Pilar Sejahtera Food (AISA IJ): The Indonesian noodle maker obtained a 770 billion rupiah loan from a foreign bank to help finance the company’s plan to acquire oil palm plantations, Bisnis Indonesia reported, citing Chief Financial Officer Sjambiri Lioe. Tiga Pilar rose 5.3 percent to 790 rupiah.
PT Timah (TINS IJ): Tin for three-month delivery declined 1.6 percent to $25,825 a metric ton in London yesterday, the sharpest drop since Nov. 23. Timah, Indonesia’s largest tin producer, retreated 3.6 percent to 2,700 rupiah.
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