External broker reports(aggregated public sources), MNC Sekuritas

MNC Sekuritas

MNC Sekuritas, the first wholly-owned subsidiary established by the Group back in 1989, provides a complete range of services, from equity, fixed income, investment banking to providing research to optimize clients’ investments. Thus far, the company has more than 140 points of sales with over 100,000 clients. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

Hartadinata Abadi Tbk PT / Equity Bottom-Up

<ul><li>While the previous export contracts with India was established with the buyers having made the first approach, HRTA has taken the step further to increase their exposure to the global jewellery market by participating in Jewellery &amp; Gem WORLD Hong Kong 2023 (JGW 2023).</li><li>This particular step was critical for two main reasons: 1) this is one of the largest business-matching and exhibition event for the jewellery industry globally  and 2) it coincided with the function’s 40th anniversary, which naturally would make the event merrier and more opportune.</li><li>The event spanned 5 days back-to-back from 20 – 24 Sep, 2023, held in one of Hong Kong’s largest exhibition center, HKCEC. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

While the previous export contracts with India was established with the buyers having made the first approach, HRTA has taken the step further to increase their exposure to the global jewellery market by participating in Jewellery &amp; Gem WORLD Hong Kong 2023 (JGW 2023).This particular step was critical for two main reasons: 1) this is one of the largest business-matching and exhibition event for the jewellery industry globally  and 2) it coincided with the function’s 40th anniversary, which naturally would make the event merrier and more opportune.The event spanned 5 days back-to-back from 20 – 24 Sep, 2023, held in one of Hong Kong’s largest exhibition center, HKCEC. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HRTA IJ - MNC Sekuritas Equity Report October 11, 2023