PT Kawasan Industri Jababeka Tbk develops and sells industrial estates and its related facilities and services as well as develops and installs water treatment plants, waste water treatment, utilities, and other facilities. The Company also provides recreational facilities, and imports and exports goods for businesses relating to development and management of the industrial estate.
We view Jababeka as “High Risk” on the LARA scale, mainly due to the weak real estate market, the uncertainty of the gas-fired power plant (almost...
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...