PT Indika Energy Tbk is an energy company. The Company provides energy services, energy resources and infrastructure, primarily in the areas of coal production, engineering, procurement and construction services and power generation services.
In this month's “In-Focus”, we look at agency ratings for Asian issuers, analysing ratings transitions for all issuers in the Lucror Asia HY index...
We view Indika Energy as “Medium Risk” on the LARA scale, driven by the acquisition of Kideco at a low price. We note favourably Kideco’s position...