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Tiphone to Sell Shares, Eyes Revenue Hike

Bareksa25 Juni 2014
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Tiphone to Sell Shares, Eyes Revenue Hike
Rising smart phone sales in Indonesia prompts handset retailer like Tiphone to expand and eyes higher revenue. (JG Photo/Safir Makki)

This year, Tiphone aims to raise approximately Rp 15.6 trillion ($1.3 billion) in revenue.

Bareksa.com - Tiphone Mobile Indonesia, one of the country’s leading top-up voucher and handset retailers, is eying higher revenue this year on the back of a network expansion after securing a capital boost from a unit of Telekomunikasi Indonesia.

As quoted from The Jakarta Globe, Tiphone is set to sell 10 percent of new shares to PINS Indonesia, Telkom’s subsidiary, next month at Rp 812 a piece. The sale will raise the company’s capital by Rp 518.2 billion, said Semuel Kurniawan, Tiphone’s corporate secretary, on Tuesday.

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Produk EksklusifHarga/Unit1 Bulan6 BulanYTD1 Tahun3 Tahun5 Tahun

Trimegah Dana Tetap Syariah Kelas A

1.385,6

Up0,21%
Up4,05%
Up7,72%
Up8,08%
Up19,46%
Up38,34%

Trimegah Dana Obligasi Nusantara

1.095,56

Up0,14%
Up4,09%
Up7,18%
Up7,47%
Up3,23%
-

STAR Stable Amanah Sukuk

autodebet

1.084,98

Up0,55%
Up4,00%
Up7,61%
Up7,79%
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Capital Fixed Income Fund

autodebet

1.853,59

Up0,53%
Up3,86%
Up7,19%
Up7,36%
Up17,82%
Up41,07%

Insight Renewable Energy Fund

2.287,69

Up0,82%
Up4,11%
Up7,35%
Up7,53%
Up19,98%
Up35,83%

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