Yuanta Indonesia Morning Journal - 21 May 2019

ECONOMY
• State Budget 2020 to aim deficit of 1.52-1.75% of GDP

CORPORATE
• Astra Honda Motor (AHM) booked sales of 1.7mn units as of 4M19
• Adi Sarana Armada (ASSA IJ) allocated capex of IDR1.6tn in FY19
• BRI Agro (AGRO IJ) to launch rights issue
• Estika Tata Tiara (BEEF IJ) to expand its processed food segment
• Intiland (DILD IJ) to develop 7 projects located in MRT corridors
• Mitra Keluarga (MIKA IJ) targets 11-13% increase in EBITDA for FY19