Re: [obrolan-bandar] Lehman's portfolios in Indonesia
Pak Cumi, kira2 portfolio si Leman tsb bakal diobral atau diangkat dulu? Terus, apa resiko untuk masing2. Misalnya jika dibuang/ diboral dulu, apa ada jaminan bakal naik, atua malah terus nyngsep? On Thu, Sep 25, 2008 at 10:27 AM, Juragan Cumi [EMAIL PROTECTED] wrote: Kapan yah barang-barang ini bakal dilepas murah ke pasar? Salam, Cumi, Cuma Mimpi -- Forwarded message -- Lehman's portfolios in Indonesia, Lehman Brothers was among foreign creditors for PT Bakrie Brothers (BNBR) Tbk when Bakrie family were struggling to regain control over the company. In fact, Lehman once owned 1.74% shares in BNBR back in 2003. After a brief period of relatively quiet, Lehman returned to major corporate actions in the last few years with Bhakti Group as the main partner. Lehman was also active in Gajah Tunggal Group, Davomas, and Jakarta Setiabudi, and Intikeramik Group. Let's start with Bhakti. On Dec 18, 2007, Lehman Brothers Commercial Corp Asia Ltd provided US$75 million facility to PT MNC Sky Vision (MNCSV) where Global Mediacom (BMTR) controls 51% shares. The 44-month facility carries LIBOR +2% interest, used by MNCSV to expand Indovision's Pay TV business. Collaterals of the facility are: 1) 2.27 billion shares of MNCSV at nominal value of Rp227 billion. 2) Shares in PT Media Citra Indostar owned by PT Datakom Asia at nominal value of Rp68 billion, and 3) 893 million shares of BMTR at nominal value of Rp89 billion; The value of these shares is Rp406 billion at the current price of BMTR (Rp455). It is not clear yet on who will takeover the facility and the collaterals from Lehman Brothers. But some local groups are keen to takeover the assets. Bhakti's subsidiary PT Mobile-8 Telecom (FREN) once invested US$45 million in Lehman Liquidity Fund but according to FREN's first half 2008 report, the facility has been fully recovered. Lehman also provided US$70 million facility to FREN in 2006 but FREN had fully repaid the facility plus interest of US$1.6 million in August 2007. On January 25, 2008, FREN and Lehman Brothers Opportunity Ltd (LBOL) amended the warrant agreement dated Nov 29, 2006 in relation to the extension of the exercise period until July 29, 2008. On the same date, FREN issued 20 warrant certificates to LBOL where each certificate is exchangeable for 111.368 million shares of FREN or around 2.227 billion shares. At the current market price, the value of the shares is around Rp177 billion. On August 8, 2007, FREN entered into a swap agreement with Lehman Brothers Special Financing until March 1, 2013 with a notional amount of US$100 million where FREN agreed to pay fixed interest rate of 10.45%. As of Dec 2007, the fair value of the derivative financial instrument amounted to US$299,212 or Rp2.8 billion. Unfortunately, FREN has yet to issue its first half financial results to get better view on Lehman-related issues. But some said Bhakti would likely get significant discount on the facilities due to the bankruptcy filing. DAVOmas In May 2006, Davomas entered into an interest rate swap contract with Lehman with a notional amount of US$50 million where Davomas agreed to pay a fixed rate 9.28% in semi-annual intervals up to 2011. As of August 31, 2008, Lehman controls 1.377 billion shares of DAVO, increased sharply from 6.37% (789 million shares) in June 2007. At the moment, the value of Lehman shares in DAVO is around Rp168 billion. It's not clear whether Lehman has divested the shares. Intikeramik Ceramic producer PT Intikeramik Alam Asri Industri (IKAI) Tbk initially planned to take US$22 million facility from Lehman, but cancelled due to disagreement on warrant deal. Intikeramik then moved to PT Al Ijarah Indonesia Finance (ALIF). Gajah Tunggal Lehman involved in the issuance of US$325 million bonds for Gajah Tunggal. Other than that, Lehman and Citicorp agreed to restructure two notes issued by Polychem Indonesia, an affiliate of Gajah Tunggal Group, with combined outstanding of US$102 million late last year.
Re: [obrolan-bandar] Lehman's portfolios in Indonesia
Orang bangkrut mah dah gak punya waktu panjang buat mainin, jadi paling-paling ya diobral aja, abis itu terserah si penampung buangannya mau dibawa kemana. Kali sama kayak orang mau cerai yah, likuidasi harta secepatnya supaya segera bisa dibagi jadi harta gono-gini. Makanya kalo mau cari rumah murah ya cari yang mau cerai. Aih, bukan ndoain yang jelek yah ... Salam, Cumi, Cuma Mimpi On Thu, Sep 25, 2008 at 5:08 PM, abdulrahim abdulrahim [EMAIL PROTECTED] wrote: Pak Cumi, kira2 portfolio si Leman tsb bakal diobral atau diangkat dulu? Terus, apa resiko untuk masing2. Misalnya jika dibuang/ diboral dulu, apa ada jaminan bakal naik, atua malah terus nyngsep? On Thu, Sep 25, 2008 at 10:27 AM, Juragan Cumi [EMAIL PROTECTED] wrote: Kapan yah barang-barang ini bakal dilepas murah ke pasar? Salam, Cumi, Cuma Mimpi -- Forwarded message -- Lehman's portfolios in Indonesia, Lehman Brothers was among foreign creditors for PT Bakrie Brothers (BNBR) Tbk when Bakrie family were struggling to regain control over the company. In fact, Lehman once owned 1.74% shares in BNBR back in 2003. After a brief period of relatively quiet, Lehman returned to major corporate actions in the last few years with Bhakti Group as the main partner. Lehman was also active in Gajah Tunggal Group, Davomas, and Jakarta Setiabudi, and Intikeramik Group. Let's start with Bhakti. On Dec 18, 2007, Lehman Brothers Commercial Corp Asia Ltd provided US$75 million facility to PT MNC Sky Vision (MNCSV) where Global Mediacom (BMTR) controls 51% shares. The 44-month facility carries LIBOR +2% interest, used by MNCSV to expand Indovision's Pay TV business. Collaterals of the facility are: 1) 2.27 billion shares of MNCSV at nominal value of Rp227 billion. 2) Shares in PT Media Citra Indostar owned by PT Datakom Asia at nominal value of Rp68 billion, and 3) 893 million shares of BMTR at nominal value of Rp89 billion; The value of these shares is Rp406 billion at the current price of BMTR (Rp455). It is not clear yet on who will takeover the facility and the collaterals from Lehman Brothers. But some local groups are keen to takeover the assets. Bhakti's subsidiary PT Mobile-8 Telecom (FREN) once invested US$45 million in Lehman Liquidity Fund but according to FREN's first half 2008 report, the facility has been fully recovered. Lehman also provided US$70 million facility to FREN in 2006 but FREN had fully repaid the facility plus interest of US$1.6 million in August 2007. On January 25, 2008, FREN and Lehman Brothers Opportunity Ltd (LBOL) amended the warrant agreement dated Nov 29, 2006 in relation to the extension of the exercise period until July 29, 2008. On the same date, FREN issued 20 warrant certificates to LBOL where each certificate is exchangeable for 111.368 million shares of FREN or around 2.227 billion shares. At the current market price, the value of the shares is around Rp177 billion. On August 8, 2007, FREN entered into a swap agreement with Lehman Brothers Special Financing until March 1, 2013 with a notional amount of US$100 million where FREN agreed to pay fixed interest rate of 10.45%. As of Dec 2007, the fair value of the derivative financial instrument amounted to US$299,212 or Rp2.8 billion. Unfortunately, FREN has yet to issue its first half financial results to get better view on Lehman-related issues. But some said Bhakti would likely get significant discount on the facilities due to the bankruptcy filing. DAVOmas In May 2006, Davomas entered into an interest rate swap contract with Lehman with a notional amount of US$50 million where Davomas agreed to pay a fixed rate 9.28% in semi-annual intervals up to 2011. As of August 31, 2008, Lehman controls 1.377 billion shares of DAVO, increased sharply from 6.37% (789 million shares) in June 2007. At the moment, the value of Lehman shares in DAVO is around Rp168 billion. It's not clear whether Lehman has divested the shares. Intikeramik Ceramic producer PT Intikeramik Alam Asri Industri (IKAI) Tbk initially planned to take US$22 million facility from Lehman, but cancelled due to disagreement on warrant deal. Intikeramik then moved to PT Al Ijarah Indonesia Finance (ALIF). Gajah Tunggal Lehman involved in the issuance of US$325 million bonds for Gajah Tunggal. Other than that, Lehman and Citicorp agreed to restructure two notes issued by Polychem Indonesia, an affiliate of Gajah Tunggal Group, with combined outstanding of US$102 million late last year. + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links
Re: [obrolan-bandar] Lehman's portfolios in Indonesia
juragan cumi nich dapet beritanya yg jitu2 nich..thanks for sharing On Thu, Sep 25, 2008 at 5:44 PM, Juragan Cumi [EMAIL PROTECTED] wrote: Orang bangkrut mah dah gak punya waktu panjang buat mainin, jadi paling-paling ya diobral aja, abis itu terserah si penampung buangannya mau dibawa kemana. Kali sama kayak orang mau cerai yah, likuidasi harta secepatnya supaya segera bisa dibagi jadi harta gono-gini. Makanya kalo mau cari rumah murah ya cari yang mau cerai. Aih, bukan ndoain yang jelek yah ... Salam, Cumi, Cuma Mimpi On Thu, Sep 25, 2008 at 5:08 PM, abdulrahim abdulrahim [EMAIL PROTECTED] wrote: Pak Cumi, kira2 portfolio si Leman tsb bakal diobral atau diangkat dulu? Terus, apa resiko untuk masing2. Misalnya jika dibuang/ diboral dulu, apa ada jaminan bakal naik, atua malah terus nyngsep? On Thu, Sep 25, 2008 at 10:27 AM, Juragan Cumi [EMAIL PROTECTED] wrote: Kapan yah barang-barang ini bakal dilepas murah ke pasar? Salam, Cumi, Cuma Mimpi -- Forwarded message -- Lehman's portfolios in Indonesia, Lehman Brothers was among foreign creditors for PT Bakrie Brothers (BNBR) Tbk when Bakrie family were struggling to regain control over the company. In fact, Lehman once owned 1.74% shares in BNBR back in 2003. After a brief period of relatively quiet, Lehman returned to major corporate actions in the last few years with Bhakti Group as the main partner. Lehman was also active in Gajah Tunggal Group, Davomas, and Jakarta Setiabudi, and Intikeramik Group. Let's start with Bhakti. On Dec 18, 2007, Lehman Brothers Commercial Corp Asia Ltd provided US$75 million facility to PT MNC Sky Vision (MNCSV) where Global Mediacom (BMTR) controls 51% shares. The 44-month facility carries LIBOR +2% interest, used by MNCSV to expand Indovision's Pay TV business. Collaterals of the facility are: 1) 2.27 billion shares of MNCSV at nominal value of Rp227 billion. 2) Shares in PT Media Citra Indostar owned by PT Datakom Asia at nominal value of Rp68 billion, and 3) 893 million shares of BMTR at nominal value of Rp89 billion; The value of these shares is Rp406 billion at the current price of BMTR (Rp455). It is not clear yet on who will takeover the facility and the collaterals from Lehman Brothers. But some local groups are keen to takeover the assets. Bhakti's subsidiary PT Mobile-8 Telecom (FREN) once invested US$45 million in Lehman Liquidity Fund but according to FREN's first half 2008 report, the facility has been fully recovered. Lehman also provided US$70 million facility to FREN in 2006 but FREN had fully repaid the facility plus interest of US$1.6 million in August 2007. On January 25, 2008, FREN and Lehman Brothers Opportunity Ltd (LBOL) amended the warrant agreement dated Nov 29, 2006 in relation to the extension of the exercise period until July 29, 2008. On the same date, FREN issued 20 warrant certificates to LBOL where each certificate is exchangeable for 111.368 million shares of FREN or around 2.227 billion shares. At the current market price, the value of the shares is around Rp177 billion. On August 8, 2007, FREN entered into a swap agreement with Lehman Brothers Special Financing until March 1, 2013 with a notional amount of US$100 million where FREN agreed to pay fixed interest rate of 10.45%. As of Dec 2007, the fair value of the derivative financial instrument amounted to US$299,212 or Rp2.8 billion. Unfortunately, FREN has yet to issue its first half financial results to get better view on Lehman-related issues. But some said Bhakti would likely get significant discount on the facilities due to the bankruptcy filing. DAVOmas In May 2006, Davomas entered into an interest rate swap contract with Lehman with a notional amount of US$50 million where Davomas agreed to pay a fixed rate 9.28% in semi-annual intervals up to 2011. As of August 31, 2008, Lehman controls 1.377 billion shares of DAVO, increased sharply from 6.37% (789 million shares) in June 2007. At the moment, the value of Lehman shares in DAVO is around Rp168 billion. It's not clear whether Lehman has divested the shares. Intikeramik Ceramic producer PT Intikeramik Alam Asri Industri (IKAI) Tbk initially planned to take US$22 million facility from Lehman, but cancelled due to disagreement on warrant deal. Intikeramik then moved to PT Al Ijarah Indonesia Finance (ALIF). Gajah Tunggal Lehman involved in the issuance of US$325 million bonds for Gajah Tunggal. Other than that, Lehman and Citicorp agreed to restructure two notes issued by Polychem Indonesia, an affiliate of Gajah Tunggal Group, with combined outstanding of US$102 million late last year. + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + +
Re: [obrolan-bandar] Lehman's portfolios in Indonesia
Kalau Macquire Bank di Australia ada hubungannya ngak ya? Mungkin ada yg tau. --- On Thu, 9/25/08, SSTrader-03 [EMAIL PROTECTED] wrote: From: SSTrader-03 [EMAIL PROTECTED] Subject: Re: [obrolan-bandar] Lehman's portfolios in Indonesia To: obrolan-bandar@yahoogroups.com Date: Thursday, September 25, 2008, 7:09 AM juragan cumi nich dapet beritanya yg jitu2 nich..thanks for sharing On Thu, Sep 25, 2008 at 5:44 PM, Juragan Cumi [EMAIL PROTECTED] com wrote: Orang bangkrut mah dah gak punya waktu panjang buat mainin, jadi paling-paling ya diobral aja, abis itu terserah si penampung buangannya mau dibawa kemana. Kali sama kayak orang mau cerai yah, likuidasi harta secepatnya supaya segera bisa dibagi jadi harta gono-gini. Makanya kalo mau cari rumah murah ya cari yang mau cerai. Aih, bukan ndoain yang jelek yah ... Salam, Cumi, Cuma Mimpi On Thu, Sep 25, 2008 at 5:08 PM, abdulrahim abdulrahim abdul.rahman. [EMAIL PROTECTED] com wrote: Pak Cumi, kira2 portfolio si Leman tsb bakal diobral atau diangkat dulu? Terus, apa resiko untuk masing2. Misalnya jika dibuang/ diboral dulu, apa ada jaminan bakal naik, atua malah terus nyngsep? On Thu, Sep 25, 2008 at 10:27 AM, Juragan Cumi [EMAIL PROTECTED] com wrote: Kapan yah barang-barang ini bakal dilepas murah ke pasar? Salam, Cumi, Cuma Mimpi -- Forwarded message -- Lehman's portfolios in Indonesia, Lehman Brothers was among foreign creditors for PT Bakrie Brothers (BNBR) Tbk when Bakrie family were struggling to regain control over the company. In fact, Lehman once owned 1.74% shares in BNBR back in 2003. After a brief period of relatively quiet, Lehman returned to major corporate actions in the last few years with Bhakti Group as the main partner. Lehman was also active in Gajah Tunggal Group, Davomas, and Jakarta Setiabudi, and Intikeramik Group. Let's start with Bhakti. On Dec 18, 2007, Lehman Brothers Commercial Corp Asia Ltd provided US$75 million facility to PT MNC Sky Vision (MNCSV) where Global Mediacom (BMTR) controls 51% shares. The 44-month facility carries LIBOR +2% interest, used by MNCSV to expand Indovision's Pay TV business. Collaterals of the facility are: 1) 2.27 billion shares of MNCSV at nominal value of Rp227 billion. 2) Shares in PT Media Citra Indostar owned by PT Datakom Asia at nominal value of Rp68 billion, and 3) 893 million shares of BMTR at nominal value of Rp89 billion; The value of these shares is Rp406 billion at the current price of BMTR (Rp455). It is not clear yet on who will takeover the facility and the collaterals from Lehman Brothers. But some local groups are keen to takeover the assets. Bhakti's subsidiary PT Mobile-8 Telecom (FREN) once invested US$45 million in Lehman Liquidity Fund but according to FREN's first half 2008 report, the facility has been fully recovered. Lehman also provided US$70 million facility to FREN in 2006 but FREN had fully repaid the facility plus interest of US$1.6 million in August 2007. On January 25, 2008, FREN and Lehman Brothers Opportunity Ltd (LBOL) amended the warrant agreement dated Nov 29, 2006 in relation to the extension of the exercise period until July 29, 2008. On the same date, FREN issued 20 warrant certificates to LBOL where each certificate is exchangeable for 111.368 million shares of FREN or around 2.227 billion shares. At the current market price, the value of the shares is around Rp177 billion. On August 8, 2007, FREN entered into a swap agreement with Lehman Brothers Special Financing until March 1, 2013 with a notional amount of US$100 million where FREN agreed to pay fixed interest rate of 10.45%. As of Dec 2007, the fair value of the derivative financial instrument amounted to US$299,212 or Rp2.8 billion. Unfortunately, FREN has yet to issue its first half financial results to get better view on Lehman-related issues. But some said Bhakti would likely get significant discount on the facilities due to the bankruptcy filing. DAVOmas In May 2006, Davomas entered into an interest rate swap contract with Lehman with a notional amount of US$50 million where Davomas agreed to pay a fixed rate 9.28% in semi-annual intervals up to 2011. As of August 31, 2008, Lehman controls 1.377 billion shares of DAVO, increased sharply from 6.37% (789 million shares) in June 2007. At the moment, the value of Lehman shares in DAVO is around Rp168 billion. It's not clear whether Lehman has divested the shares. Intikeramik Ceramic producer PT Intikeramik Alam Asri Industri (IKAI) Tbk initially planned to take US$22 million facility from Lehman, but cancelled due to disagreement on warrant deal. Intikeramik then moved to PT Al Ijarah Indonesia Finance (ALIF). Gajah Tunggal Lehman involved in the issuance of US$325 million bonds for Gajah Tunggal. Other than that, Lehman and Citicorp agreed to restructure two notes issued by Polychem Indonesia, an affiliate of Gajah
Re: [obrolan-bandar] Lehman's portfolios in Indonesia
klo melihat skala penetrasi bisnis Lehman , ada kemungkinan MacQ jug terkena, masalah nya seberapa besar ? signifikan ato tidak ? klo bank lokal, baru BNI yg melaporkan adany exposure akibat kolapsnya Lehman. sedangkan utk bank asing yg beroperasi di Indo, HAMPIR SEMUANYA YA (citi, scb, hsbc) Make the switch to the world#39;s best email. Get Yahoo!7 Mail! http://au.yahoo.com/y7mail
