Yuanta Indonesia Morning Journal - 20 May 2019

INDUSTRY
• Auto 4W industry volume declined in Apr-19 but Astra International (ASII IJ) market share improved

CORPORATE
• Astra International (ASII IJ) acquired Surabaya Mojokerto toll road for IDR1.7tn
• BTN (BBTN IJ) to distribute 20% of 2018 net profit as dividend
• Japfa Comfeed Indonnesia (JPFA IJ) and Sierad Produce (SIPD IJ) ramps up processed food segment
• Surya Citra Media (SCMA IJ) allocated capex of IDR580bn in FY19