“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
.

Tuesday, May 22, 2007

Bukit Darmo Property to go public with eye on projects in Surabaya

The Jakarta Post, Jakarta

Surabaya-based property firm PT Bukit Darmo Property is set to offer two billion new shares to generate fresh capital of Rp 250 billion (US$28.7 million) through an initial public offering (IPO) next month.

The new shares, which will account for 33.34 percent of the company's total shares, will be sold to the public at between Rp 110 and Rp 140 each from June 6 through 8, and will be listed on the Jakarta Stock Exchange on June 15.

According to the underwriter, PT Ciptadana Securities, the offer had already been oversubscribed by 100 percent as of the end of last week.

"The shares may be oversubscribed by five times by the close of the offering period," Ciptadana Securities president director Ferry Budiman Tanja said Monday during a briefing.

President director Wim G. Gobel said the company would use all the IPO proceeds to help finance its condominium and shopping mall projects in Surabaya.

Bukit Darmo plans to build the Adhiwangsa Golf Residence, which will comprise two condominium towers, and the Lenmarc Lifestyle shopping mall at a total cost of Rp 1.1 trillion.

The company is scheduled to complete the construction of the six-story shopping mall and one of the condominium towers in August 2008, and the other condominium tower in December 2008.

Finance director Ferry Junarso said that Bukit Darmo was offering 170 condominiums at between Rp 1.9 billion and Rp 2.6 billion each. Ninety-two of them had been sold as of last month. The company planned to sell other 190 units by the end of this year, he said.

Bukit Darmo is the developer of the Acacia Hotels in Jakarta and Batam, Riau Islands, the Hailai International Executive Clubs in Jakarta and Surakarta, Central Java, the Bukit Darmo golf course in Surabaya, the Batam Hills golf course in Batam, the Krawang Plaza in Krawang, West Java, and several other upscale properties in Surabaya.

No comments: