Tender Procurements and Contract Opportunities Indonesia

Jakarta, 7 / 12 - The high interest of foreign investors on property stocks, pushing PT. Bumi Serpong Damai Tbk (IDX: BSDE) conduct "road shows" to the two countries, namely Singapore and Hong Kong on the second Sunday in December 2009.

"The visit to both countries accepted the invitation of Macquarie Securities said the high demand for information from foreign investors to the performance and prospects of BSD developers as the largest region in Indonesia," said President Director of BSD, Harry Budi Hartanto in Jakarta, Monday.

According to Harry, would simulate the performance of management and prospects of the Company to institutional investors and foreign retailers. The high interest due to their stability and strengthening the Company's performance and the expected macro conditions improved in the years to come.

The results of the latest valuation of the PT. Heburinas, an independent assessor said that the market value of BSDE current assets amounted to Rp18 trillion from the previous registration Rp15 trillion. Market value refers to the land of the largest banks in BSD Serpong area covering nearly 3300 hectares.

BSD Area will be an area of 5950 hectares, or half the area of the City of Paris. Based on performance analysis of BSD in 2009 and prospects in the coming years.

We have free float shares in the market BSD recorded 1.09 billion pieces by the closing price as of December 4 was recorded Rp830 per share. The management will reportedly increase the floating portion of his share in early 2010 along with the increasing demand of investors to invest in the stock BSD.

With high trading volume of BSD in the past few months, BSD opportunity to go to LQ 45 in February 2010.

BSD is the stock of the most successful property with the highest increase in booked through 2009 of 846.24 percent from Rp880 to Rp93.

The increase in shares this year's BSD is supported by a step many companies are actively developing BSD City, especially after getting the funds in last year's IPO. BSD lot of building residential projects that are sells. (*) (ANTARA)