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Tuesday, August 2, 2011

PT Bumi Serpong Damai Tbk - Appoint New Corporate Secretary

PT Bumi Serpong Damai Tbk (BSD), Sinarmas Group's property development company, appoint one of the directors of Hermawan Wijaya as a new company secretary. In the information disclosure to Indonesia Stock Exchange indicated Hermawan replace Feniyati Southeast on the top position in the company that coded stock BSDE.

Hermawan Wijaya previously been a director at property companies and developers others Sinarmas, PT Duta Pertiwi Tbk since 2003.

He also had become an accountant in public accounting firms (KAP) Drs. Hadi Sutanto, an affiliate of PricewaterhouseCooper from 1990 to 1992 and became an accountant in KAP Siddharta Siddharta from 1989 to 1990.

The company posted a net profit of Rp 453.69 billion during first half of 2011, soaring 148.54% compared to Rp182, 54 billion the same period last year.

Company financial reports show income of the company led by Harry Budi Hartanto reached Rp1, 28 trillion. Revenue was up slightly compared to the same period last year amounted to Rp1, 11 trillion.

Stock prices sank the company still Rp40, or 3.74% to a level of Rp1.030. Price formed a market capitalization of Rp18, 02 trillion and the share price to earnings ratio of 27.13 times net

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