PT Kawasan Industri Jababeka Tbk is a leading integrated industry-based township developer in Indonesia. The company's core business involves developing industrial, residential, and commercial real estate, complemented by infrastructure and estate management services. Key products and services include industrial estates, residential and commercial properties, power generation, water and wastewater treatment, and dry port facilities. The company was established in 1989 and is headquartered in Bekasi, Indonesia.
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...