Congratulations to PT. Nusa Raya Cipta Tbk. to be included in the “best of the best” Forbes Indonesia on the top fifty best Indonesian companies (August 2016).

Every year, Forbes Indonesia magazine released the list of 50 best Indonesian companies. This list is called “50 Best of The Best Companies”. The selection is done by the editorial team with a very responsible method. Many variables are assessed, especially in terms of financial reports 3-5 years back, stock prices, GCG, etc.

This year is the 6th year, the Best of The Best list has been published in Forbes Indonesia magazine August 2016 edition. We congratulate PT. Nusa Raya Cipta Tbk. which this year is included in the list of 50 Best of The Best Companies 2016

PT Nusa Raya Cipta Tbk (NRCA), a construction services company, is eyeing a project worth Rp 7.6 trillion in 2014.

Based on information disclosure to Indonesia Stock Exchange (IDX), the contract work is from carry-over contract of Rp 3.9 trillion, from the original plan of acquisition of new contract worth Rp 3.7 trillion.

To achieve the target, the company has prepared around Rp 45 billion for the purchase of heavy equipment for construction.

The company has been awarded a new contract of around Rp 4.6 trillion in January-December 2013. The new contract is up 70.3 percent compared to the company’s new contract obtained in January-December 2012 of Rp 2.7 trillion.

The projects obtained by the company include Crowne Plaza Hotel in Bandung. Area Plant 4 PT Astra Honda Motor in Karawang, Ciputra World 2, Pantai Indah Kapuk Avenuye, and Parahyangan Residences in Bandung.

In addition, the company is working on projects in Soho @ Podomoro City Jakarta, Tentrem Hotel in Yogyakarta, Indigo Hotel Seminyak in Bali, Cikampek-Palimanan section 5 and Ayana Residence Bali.

The Company also works on large-scale commercial building projects such as Sofitel Luxury Hotel Nusa Dua Bali, All Season Hotel Thamrin, Mas XL Batam Factory, Mayapada Lebak Bulus Jakarta Hospital, Rimba Bali Hotel, and Nestle Karawang Factory.

In stock trading Friday (21/3/2014), NRCA shares rose 1.04% to the level of Rp 970 per share. The transaction value is Rp 6.2 billion.

(Agustina Melani) (source: http://bisnis.liputan6.com/read/2026058/nusa-raya-cipta-incar-kontrak-rp-7-triliun)

JAKARTA. PT Nusa Raya Cipta Tbk is the 15th issuer listed in Indonesia Stock Exchange (IDX) this year. Issuers listing their shares starting today (27/6) opened at Rp 1,000 per share.

Shortly after the opening of trading session I, shares of issuers coded NRCA was immediately pushed to the level of Rp 1,270 or up 27% compared to the opening price. Meanwhile, NRCA shares had traded at the lowest level at Rp 1,000 and occupied the highest position of Rp 1,270.

While the frequency of transactions occurred as much as 32 times, with a volume of 2,411 lots and total transactions amounting to Rp 1.5 billion. Of course, the NRCA offers a guaranteed public offering (IPO) worth Rp 850 per share. That is, Nusa Raya can get funds from the IPO worth Rp 260.10 billion.

The IPO price is at a median price, from the initial offering price of Rp 750-Rp 900 per share. IPO proceeds will be used for expansion. The details, 75% to submit working capital construction. Such as, finance the construction project of Cikampek-Palimanan toll road, which is planned to operate in June 2015.

In addition, the company will also finance commercial building projects such as Parahyangan Residence Bandung. The remaining 25% of the IPO proceeds will be used for capital expenditure. Like, buying heavy equipment to support Nusa Tenggara’s business in infrastructure.

Source : http://investasi.kontan.co.id/news/perdana-di-bursa-saham-nusa-raya-melompat-27

REPUBLIKA.CO.ID, JAKARTA – The Financial Services Authority (OJK) assigns PT Nusa Raya Cipta Tbk shares as sharia securities to be included in the List of Sharia Securities since June 18, 2013. Chief Executive Officer of OJK Capital Market, Nurhaida in a press release received at Jakarta, Thursday (20/6), said that the determination of sharia effect is based on the Decision of OJK Commissioner Board Number: Kep-33 / D.04 / 2013 dated June 18, 2013

Issuance of the decision as a follow-up of OJK review on fulfillment of sharia effect criteria of Registration Statement submitted by PT Nusa Raya Cipta Tbk.

Sources of data used as review material comes from the documents of Registration Statement and other supporting data in the form of written data obtained from issuers or other parties that can be trusted

Periodically, OJK will review the List of Sharia Securities based on the Annual Financial Report and Annual Financial Report of the issuer or public company.

The review of the Sharia Securities List is also performed if there is an issuer or public company whose Registration Statement has become effective and meets the criteria of sharia securities or if there is any corporate action, information or facts of the issuer or public company that may result in the fulfillment or non-fulfillment of Sharia .

Source : Antara

Jakarta, GATRAnews – Construction services company, PT Nusa Raya Cipta Tbk (NRC) targets new contracts to reach Rp 2.9 trillion by year-end. Meanwhile, until April 2013 itself, The acquisition of a new contract amounting to Rp 1.6 trillion.

“The acquisition contract in April was up 87.6% from the previous year’s earnings,” said NRC President Director Hadi Winarto Christanto, in Jakarta on Tuesday.

He explained that the company has the remaining contract from last year (carry over) amounting to Rp 2.3 trillion. If coupled with this year’s target, the contracts obtained by the Company until the end of this year will reach Rp 5.2 trillion.

He specifies that the projects to be signed are Ciputra World II project amounting to Rp 560 billion, Parahyangan Residence worth Rp 260 billion, and Sahid and Sudirman office buildings worth Rp 296 billion.

“In addition, we have also signed an infrastructure project with a joint operation (KSO) with Malaysian company PT Karabha to work on the Cikampek-Palimanan toll road with a contract value of Rp 7.7 trillion,” he said.

source: http://www.gatra.com/ekonomi-1/31946-nusa-raya-cipta-targetkan-kontrak-rp-2,9-triliun-di-2013.html

Construction services company PT Nusa Raya Cipta allocates most of its initial public offering (IPO) fund for construction work capital.

The management of the company, led by Hadi Winarto Christianto, mentioned that about 75% of the proceeds from the IPO will be used to strengthen working capital construction. The use of working capital is 20% for Ciputra World II project financing, 10% for Parahyangan Residence project financing, and 45% for financing the Cikampek-Palimanan toll road project. “The remaining 25 percent will be used for capital expenditure, which is to purchase new heavy equipment to support our infrastructure business, particularly for the Cikampek-Palimanan toll road,” he said in a prospectus published on Thursday (5/30/2013).

Furthermore, the company mentioned a number of equipment such as excavator, dump truck, bulldozer, motor grader, sheep foot roller, vibratory roller, water tanker, concrete pump, concrete paver finsher and other auxiliary equipment. The Company did not mention the funding target and the initial price range in the prospectus. However, based on records Business, subsidiary Surya Semesta Internusa is eyeing the acquisition of fresh funds from IPO Rp300 billion.In the corporate action, the company has appointed PT Ciptadana Securities as underwriter.

Source : http://www.bisnis.com