JAKARTA (IFT) - Indonesia became the largest buyer of virtual gift products in the global social network, Mig33. According to one senior manager, there are as many as four million online transactions per month in the site, with an average expenditure of US$2.5 per member, with about 53 percent coming from Indonesia.
Mig33 is a social networking or chat-based site developed in Perth, Australia, December 2005. Mig33 has members spread across 200 countries. It relies on revenues from product sales of virtual gifts to its members. Currently, there are around 20,000 virtual gifts sold in the site, with prices ranging from Rp 500 to Rp 22,000. Mig33 Manager noted that in one month, there were one billion chat exchages and four million shopping transactions.
PT Garuda Indonesia Tbk (GIAA)
The state-owned airline company has spent Rp 3.01 trillion of its net IPO proceeds of Rp 3.18 trillion throughout 2013. The company spent Rp 2.54 trillion from the IPO proceeds to develop its armada, and Rp 466.12 billion to fund its 2013 capex. The capex was allotted to the company and its subsidiary. The company still had remaining IPO proceeds of Rp 171.28 billion that is saved as deposits.
PT PLN (Persero)
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PT Sumber Alfaria Trijaya Tbk (AMRT)
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PT Cita Mineral Investindo Tbk (CITA)
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