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Company News
Selamat Sempurna Settles Bond Payments Bisnis Indonesia, page B2 (19-August-2005) PT Selamat Sempurna Tbk has settled its debeture debt of Rp 100 billion, which leaves the company with no debenture debts. Although it has settled its debenture debts, the automotive component manufacturing company has no plan to issue new bonds since it does not have an expansion plan for this year. Despite the fact that the company’s production capacity has reached 100%, its filter production has reached 36 million units per normal work period and its radiator production has reached 600,000 units per year, the company has no expansion plan for 2005. If the company’s production doubles, the company will establish new expansion plans. PT Pemeringkat Efek Indonesia (Pefindo) has raised Selamat Sempurna’s and its Rp 100 billion bond I ratings from A to A+.
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