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Yuanta Indonesia Morning Journal - 13 Jun 2019

INDUSTRY
• Retail association to see growth of 12% in FY19
• Ministry of SOE indicated interest to buy INCO divestment
• New regulation for online ride sharing

CORPORATE
• United Tractors (UNTR IJ) to invest in coal barging service
• BCA (BBCA IJ) may merge Bank Royal with BCA Syariah
• Aneka Gas Industri (AGII IJ) to invest IDR300bn
• Modernland Realty (MDLN IJ) to develop a mixed use project in Cilejit
• Fast Food Indonesia (FAST IJ) to distribute dividend of IDR32 per share
• Hotel Mandarine Regency (HOME IJ) to raise IDR1.7tn through rights issue
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