Infoasia Aims at Increased Income
Bisnis Indonesia, page B2, 2006-06-27
PT Infoasia Teknologi Global Tbk aims at an income of Rp.450 billion this year, up 10.97 percent compared to 2005’s income of Rp.405.5 billion. The company is optimistic that target can be reached because of the several developments made on voice over protocol in a number of countries. In the general meeting of shareholders, it was agreed that the profit of Rp.34.8 billion will not be shared and instead will be withheld which will be used to pay of bond interest as much as Rp.16 billion. This year, the company has also disbursed a capital expenditure of Rp.100 billion.

Infoasia to Publish Bonds
www.tempointeraktif.com, 2004-11-29
PT Infoasia Teknologi Global Tbk will publish their first volume of bonds worth of Rp.125 billion. The fund raised from bonds will be used to develop point of presence (pop) in 40 cities in Indonesia. Eighty percent will be used to purchase broadband and wireless communication equipment, while twenty percent will be allocated to increase the company’s capital fund. Infoasia’s capital expenditure for 2004 reached Rp.120 billion and is projected to decrease to Rp.90 billion for 2005. Bonds published are valid for the period of three to five years and interest stays stable. Bonds will be divided into three series, A, B and C. Series A bonds are valid for three years and have maximum value of Rp.25 billion. Series B bonds are valid for four years and have maximum value of Rp.32 billion. Series C bonds are valid for five years and have maximum value of Rp.68 billion. For the third term of 2004, the company has booked income of Rp.234.6 billion, an increase of 106 percent compared to the year before. Net profit increased 133 percent to Rp.30.1 billion. For 2005, the company projected net profit of Rp.50 billion.