Indonesia events july 18 2011, which may influence financial markets

Indonesia stock info - Indonesia events july 18 2011, which may influence financial markets ; Following is a list of events in Indonesia as well as news stories and press reports which may influence financial markets.

WHAT IS HAPPENING IN INDONESIA (TIMES IN LOCAL/GMT)

(The inclusion of diary items does not necessarily mean that Reuters will cover the event)

- President Susilo Bambang Yudhoyono to a press conference at Halim International Airport, 900/0100

PRESS DIGEST

-DELTA DUNIA RAISES 1.2 TRLN RPH VIA RIGHTS ISSUE

Delta Dunia Makmur , a coal mining contractor, said it has raised 1.22 trillion rupiah in a rights issue that was 1.2 times oversubscribed as the firm issued 1.36 billion new shares at a price of 900 rupiah per share. Most of the funds will be used to finance its capital expenditure, the firm said in a statement (Bisnis Indonesia)

- PLN TO BUY GAS FROM PETRONAS

Perusahaan Listrik Negara (PLN), the state utility firm, plans to sign a sales and purchase agreement with Malaysian oil and gas company Petronas to supply 116 million standard cubic feet per day (mmscfd) for its Tambak Lorok steam power plant in Central Java by 2014, said Nur Pamudji, the company's primary energy director. (Investor Daily)

- ADARO ENERGY TO SPEND $100 MLN TO BOOST PORT CAPACITY

Adaro Energy , the nation's second biggest coal miner, said it plans to spend $100 million to increase capacity at its Kelanis port in central Kalimantan as the company aims to boost its production capacity to up to 80 million tonnes of coal in 2012, from 42.2 million tonnes in 2010, the firm said in a statement. (Investor Daily)

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