Monday, March 15, 2010

WOM Finance will issues IDR500 billion bonds

PT Wahana Ottomitra Multiartha Tbk, a financing unit of PT Bank Internasional Indonesia, may sell IDR500 billion of bonds to help fund expansion. The company still wait approval from shareholders.
WOM Finance booked a growing booking of IDR450 billion or 45,000 unit of vehicles in January 2010. The booking target of the company this year is set at 550,000-650,000 units motorbike or IDR6.5 trillion.
The subsidiary firm of PT Bank International Indonesia Tbk (BII), booked IDR60.67 billion net profit per December 31, 2009 or rose from IDR20.71 billion in 2008.

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