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Yuanta Indonesia Morning Journal - 10 Jun 2021

INDUSTRY
• Banks may opt to convert loans to GIAA as equity
• The government plans not to increase the excise tariff on tobacco products in 2022

CORPORATE
• DCII to improve efficiency and to seek strategic partners
• ZINC to aim at revenue of IDR1.25tn in FY2021
• ICBP absorbs USD1.15bn
• ACES will open 10 new outlets and distribute dividends
• MPPA will release 752mn shares
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