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Investment company Saratoga turns to profit in 2019 as dividend income soars

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first_imgSaratoga, which was founded by former vice presidential candidate Sandiaga Uno, recorded its highest dividend income of Rp 1.99 trillion throughout 2019, an increase of 121.5 percent from 2018.“As a shareholder to our existing investee companies, our job is to continue to engage and support them in reaching their maximum potential,” Saratoga president director Michael Soeryadjaya said in a statement.The strong performance of the investee companies, he added, was supported by their solid business fundamentals.Saratoga’s shares had jumped 0.35 percent as of 2:19 p.m. in Jakarta on Tuesday versus a drop of 4.17 percent in the Jakarta Composite Index.Read also: Trading halted third time in week as stocks touch 5-year low, rupiah breaks Rp 15,000 to dollarHowever, the shares of Saratoga’s investee companies fell during Tuesday’s afternoon: TBIG nosedived 6.83 percent, ADRO fell 6.45 percent and MDKA declined 4.44 percent.”In the midst of various global and domestic challenges, Saratoga will continue to carry out active investment strategies in a disciplined, measurable and prudent manner,” Michael added.Topics : Investment company PT Saratoga Investama Sedaya booked a significant profit in 2019 after recording a loss in 2018, thanks to investment value and dividend income from investee companies.The publicly listed company announced on Tuesday that it recorded a net profit of Rp 7.3 trillion (US$484.56 million) throughout 2019, bouncing back from a loss of Rp 6.19 trillion in 2018.The company pocketed Rp 6.2 trillion in net profit from investments in shares and equity securities, driven by an increase in mark-to-market share prices of its investee, such as broadcast tower operator PT Tower Bersama Infrastructure (TBIG), coal producer PT Adaro Energy (ADRO) and mining firm PT Merdeka Copper Cold (MDKA).last_img read more

Rohlfing named Brelage scholarship winner

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first_imgPictured: Amy Streator, RCCF Executive Director; Mary Norman, RN; Lisa Banks, RN; Jane Deiwert, RCCF Program Officer; Brooke Rohlfing and Beth Rohlfing, Brooke’s motherBatesville, In. — The Ripley County Community Foundation announces that Brooke Rohlfing has been awarded the Doris A. Brelage Nursing Scholarship for 2017.On October 18, 2008, the Batesville community lost an instrumental member in the person of Doris A. Brelage through an accidental death.  A registered nurse and EMS member, she spent 37 years at Margaret Mary Health in the capacities of director of nursing, head of surgical nursing and director of infection control. This scholarship was established by Doris’ family in the Ripley County Community Foundation following her untimely death.Brooke Rohlfing is a 2014 graduate of Batesville High School. She is entering her senior year at Xavier University where she is a member of Xavier’s School of Nursing Honor Society, Sigma Theta Tau. Brooke is currently a nurse aide tech at Margaret Mary Health.last_img read more

IMCA sponsors fill Manufacturers’ Row at Super Nationals

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first_imgBOONE, Iowa – Nearly 40 vendors will be represented on Manufacturers’ Row during the upcoming IMCA Speedway Motors Super Nationals fueled by Casey’s.IMCA sponsors will offer a wide range of high performance products for use during the week of Sept. 4-9. They’ll also display a variety of new products being introduced and legal for use in IMCA competition in 2018.Manufacturers’ Row will be located in the northeast corner of the speedway grounds and open from approximately 9 a.m.-5 p.m. each day and accessible from the pit area through gates on the west and east end of Manufacturers’ Row.Companies confirmed for Manufacturers’ Row locations include Aero Race Wheels, AFCO, Allstar Performance, Axle Exchange, Bassett Race Wheels, Bilstein, Bob Harris Enterprises, BSB Manufacturing, Day Motor Sports, Dirt Hustler Chassis and Dynamic Drivelines.Eibach Springs, Friesen Chevrolet, Fox Shocks, GRT, Harris Auto Racing, Hyperco, Integra Shocks, Jerovetz Shock Service, Karl Chevrolet, Karl Performance and Larry Shaw Race Cars;And Max Papis Innovations, MD3, Motorsports Warehouse, PEM, Penske Shocks, Performance Bodies, Razor Chassis, RH2, Tire Demon, Velocita and Wehrs Machine.last_img read more

Federal Prosecutors on Prince Andrew: “Hand Andy Over”

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first_imgThe feds have made a formal request to the British government to interview Prince Andrew who says the allegations are untrue.Prince Andrew has not been forthcoming with the US prosecutors and refuses to speak with them. So now they are forcing his hand.He may have to go to a magistrate’s court in the UK to make a statement possibly not under oath.The 66-year-old Epstein died by suicide last summer while awaiting trial on sex trafficking charges.Prosecutors say Epstein preyed on dozens of underage girls in New York and Florida. Netflix has released a new documentary called “Filthy Rich” about Epstein’s exploits especially in South Florida.Also a new book has just been released, “Prince Andrew: Epstein and the Monarchy” by Nigel Cawthorne. Federal prosecutors in New York want to question Prince Andrew under oath as they continue their criminal investigation into sex trafficking charges against late financier Jeffrey Epstein. The Prince, who was a long time friend of Epstein, has been accused by one woman of sexual abuse when she was 17-years old. Federal prosecutors in New York formally request through the British government to speak with Prince Andrew as part of their criminal investigation into Jeffrey Epstein’s history of sexual abuse. https://t.co/YncBITKYZw— NBC News (@NBCNews) June 8, 2020last_img read more

Lights green for today’s GMR&SC Caribbean Invasion

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first_imgTHE lights are green for today’s Caribbean Invasion Drag Race meeting set for the South Dakota Circuit from 09:00hrs.According to information from the club, all the necessary set ups and protocols were organised for yesterday’s practice session.“We have managed to successfully reconnect our drag strip starting tree and were able to host a successful practice session for our cars today (yesterday),” a statement said.“We started a bit later than expected but we were able to get everything up and running and we are ready for an action packed day of racing Sunday.”Meanwhile fans are advised to get to the circuit early if they are to secure good vantage points for the event.Gates will be opened from 06:00hrs to ensure the smooth flow of spectator vehicles.“We have also secured the necessary safety arrangements for those competitors in the event that something should go wrong,” the statement continued.“Thus far, we have received in excess of fifty competitors and we successfully logged them into the system so that racing action can begin at 09:00.”Tickets will be sold at the gate at $1000 per adult and $500 per children.The club has also sought to remind competitors that helmets must be of a proper standard and securely fastened and the use of slippers by competitors is strictly prohibited.last_img read more

Update on the latest sports

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first_img Associated Press — Nationals right-hander Stephen Strasburg may need surgery after being diagnosed with carpal tunnel neuritis on his throwing hand. The 2019 World Series MVP was put on the injured list Aug. 15, a day after he recorded just two outs at Baltimore. After going 18-6 with a 3.32 ERA in 33 starts in 2019, the right-hander is 0-1 this season with a 10.80 ERA in two starts.— The Indians don’t expect to have Terry Francona on the bench this weekend for a series against Detroit after the manager had a scheduled medical procedure for a gastrointestinal ailment Friday. At this point, it’s not known when Francona, a two-time World Series winner, will return. Francona has already missed 14 games this season with health issues and recently revealed he’s had numerous surgeries in the past year for the condition.— The Phillies got an early jump on the trade deadline, moving to fortify their ineffective bullpen by acquiring relievers Brandon Workman and Heath Hembree from the Boston Red Sox. Philadelphia also got cash and will either receive more cash or a player to be named from the Red Sox, who obtained right-handers Nick Pivetta and Connor Seabold. The trade occurred Friday night while Boston was playing in Baltimore and the Phillies were in Atlanta. Earlier Friday, the Phillies acquired right-handed reliever David Hale from the New York Yankees to help their league-worst bullpen, sending back righty relief prospect Addison Russ.NASCAR-DOVERJohnson makes last-gasp playoff push in final year at Dover Johnson was slow getting up but made his way back to the sideline and continued practicing. Later, after being examined by the team’s medical staff for an abdominal injury, he was taken to the hospital.Johnson’s NFL career has been slowed by injuries. He’s twice broken a foot, suffered a knee injury and dealt with concussions. He was with Buffalo last year following four seasons with the Texans.In other NFL news:— Miami Dolphins quarterback Ryan Fitzpatrick returned to practice Saturday after a one-day absence for personal reasons. Top draft pick Tua Tagovailoa (TOO’-ah tuhng-ah-vy-LOH’-ah) and former Arizona Cardinals first-round pick Josh Rosen had so-so performances during Fitzpatrick’s absence yesterday, according to coach Brian Flores. Fitzpatrick, a 16-year veteran, was Miami’s most valuable player last year. Tagovailoa is considered a potential franchise quarterback, but he is returning from a serious hip injury in November that ended his Alabama career.MLB-NEWS DOVER, Del. (AP) — Jimmie Johnson is at the win-or-else stage of his playoff push as he hits his favorite track: Win at least one of the two Cup races this weekend at Dover International Speedway and he’s in the postseason. Johnson has a record 11 victories at the Delaware track, a staggering total that started in 2002 and stretched to June 2017.With Dover moving one of its two scheduled NASCAR race weekends to Nashville Superspeedway next season, Johnson’s mark seems unbreakable. But Dover, where Johnson has led 3,110 laps, is no sure shot these days for the No. 48 team. He is a 22-1 longshot to win this weekend after two finishes of 14th or worse in the last three races.Without a win, his playoff chances hang by a thread. Johnson is 25 points outside the playoff cutline with two Dover races and next week’s regular-season finale at Daytona International Speedway left to end his final full NASCAR season in the championship hunt.The races will be held without spectators after Delaware officials rejected the track’s request to host a limited number of fans. August 22, 2020 Update on the latest sports NFL-NEWSBrowns CB Johnson released from hospital after liver injuryUNDATED (AP) — Cleveland Browns cornerback Kevin Johnson has been released from the hospital after suffering a lacerated liver in practice this week.The team said Saturday that Johnson, who signed as a free agent during the offseason, was discharged from University Hospital on Friday and is doing well. The 28-year-old is expected to be back at the team’s facility in the next few days. He’ll have to go through COVID-19 protocols before he can be re-integrated into team activities. The Browns said his status will be evaluated on a “week by week basis.”Johnson was injured when he was landed on by rookie tight end Harrison Bryant as the two were battling for a pass during a red-zone drill. Browns coach Kevin Stefanski called it a “totally normal” football play. Lots of players ailingNEW YORK (AP) — This weekend’s Subway Series between the Yankees and the Mets has been postponed after two members of the Mets tested positive for the coronavirus. The Mets are taking the weekend off. They say they won’t have any team workouts this weekend, instead letting players and coaches isolate at home while New York and Major League Baseball undertake more testing and contact tracing measures. It’s a well-timed pause in the season for the Yankees, who placed shortstop Gleyber Torres and left-hander James Paxton on their crowded injured list Friday. New York was already without star hitters Aaron Judge, Giancarlo Stanton and DJ LeMahieu (leh-MAY’-hyoo), as well as left-hander Zack Britton, right-hander Tommy Kahnle and backup catcher Kyle Higashioka. Judge is expected to be activated Saturday after recovering from a strained right calf.In other MLB news: Share This StoryFacebookTwitteremailPrintLinkedinRedditNBA PLAYOFFSTop-seeded Lakers and Bucks look to take controlLAKE BUENA VISTA, Fla. (AP) — The Los Angeles Lakers and Milwaukee Bucks have restored some sense of normalcy to the NBA playoffs. The top-seeded teams in the Western and Eastern Conferences lost their openers but won their second games and are looking to take control of their series. On Saturday, the Lakers could pull ahead of the Portland Trail Blazers and the Bucks could take the lead on the Orlando Magic. In Saturday’s other Game 3s, the Pacers try for their first win against Miami and Oklahoma City tries to avoid a third loss to Houston.NHL PLAYOFFSDallas and Colorado open second-round seriesEDMONTON, Alberta (AP) — The Dallas Stars and Colorado Avalanche both wrapped up their first-round series with seven-goal surges. They now meet for a best-of-seven, second-round Western Conference playoff series inside the bubble in Edmonton, Alberta. Game 1 is Saturday night. The Stars overcame an early three-goal deficit in Game 6 for a 7-3 clinching win over Calgary. The Avalanche had consecutive 7-1 wins over Arizona to end that series in five games. The Stars won all four regular-season meetings against Colorado, including an overtime victory and another in a shootout. The Avs beat the Stars 4-0 in a round-robin game in the bubble. NASCAR-NASHVILLE PRESIDENTMoses named 1st Black track president in NASCAR historyDOVER, Del. (AP) — Erik Moses has been named president of Nashville Superspeedway, the first Black man to hold that title at any NASCAR track.Moses most recently served as president of the XFL’s DC Defenders and now leads the charge of the scheduled Nashville reboot in 2021. The 1.33-mile concrete track was built in 2001 by Dover Motorsports and hosted NASCAR and IndyCar events until 2011.Dover announced the hire before Saturday’s Cup race at the Monster Mile.last_img read more

Russell fireworks outshine Gayle’s as Royals reach BPL final

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first_imgDHAKA, Bangladesh (CMC) – A scintillating Andre Russell’s half-century trumped Chris Gayle’s, as Rajshahi Royals stunned Chattogram Challengers by two wickets to storm into the Bangladesh Premier League (BPL) final here yesterday.Gayle’s sensational top score of 60 from 24 balls had propelled Challengers to 164 for nine off their 20 overs and when Royals slumped to 128 for eight in the 18th over, the result looked all but certain.But Russell produced an amazing late blitz, smashing an unbeaten 54 from 22 balls to put Royals over the line with four balls to spare.Royals will now take on Khula Tigers in tomorrow’s final.Sent in, Challengers lost Ziaur Rahman cheaply for six at 22 for one in the third over but Gayle took responsibility for the innings, crunching half-dozen fours and five sixes in a thrilling knock.Crucially, he put on 52 for the third wicket with captain Mahmudullah, whose 33 required just 18 balls and included three fours and sixes.Gayle eventually perished in the 10th over, bowled by 20-year-old off-spinner Afif Hossain, a dismissal which triggered a slide until Asela Gunaratne belted 31 from 25 balls to rescue the innings.West Indies all-rounder, Rayad Emrit, managed just three, batting at number eight.In reply, Royals were tottering on 34 for three in the sixth over before wicketkeeper Irfan Sukkur carved out a patient 45 off 42 deliveries in adding 46 for the fourth wicket with Shoaib Malik (14).But once both fell in successive overs, Royals lost five wickets for 48 runs in the space of 24 balls, to find themselves requiring 37 from 17 balls for victory.Russell quickly took charge in an innings highlighted by two fours and seven massive sixes, silencing the Challengers’ attack and turning the tide in the contest.He single-handedly took 23 runs from the penultimate over sent down by off-spinner Mehidy Hasan, before finishing the game with another six in the final over from medium pacer Gunaratne.Seamer Emrit finished with two for 41 from his four overs.last_img read more

Ireland looking to score series win over Boks

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first_imgJoe Schmidt’s side face South Africa in the third test match with a first ever series win on offer.Ireland captain Rory Best says they will have to vary the play in order to keep pace with the Sringboks.Kick-off in Port Elizabeth is at 4 o’clock.last_img

Gasquet, Flipkens among 7 on stricter protocols at US Open

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first_img COMMENT Three players who competed at the U.S. Open on Tuesday — Richard Gasquet, Grégoire Barrère and Ysaline Bonaventure — and one scheduled to play Wednesday — Kirsten Flipkens — are among the seven entrants placed under stricter COVID-19 protocols after contact with the only athlete to test positive for the coronavirus at the tournament , The Associated Press has learned.After Benoit Paire, a Frenchman seeded 17th, was taken out of the draw Sunday because of his test result, contact tracing determined there were seven players who potentially could have been exposed to COVID-19.On Monday, three players from France acknowledged their involvement: Kristina Mladenovic, who is seeded 30th in women’s singles; Adrian Mannarino, seeded 32nd in men’s singles; and Edouard Roger-Vasselin, who is entered in men’s doubles.The AP obtained the full list, and the others are:— Gasquet, a 34-year-old from France who is a three-time Grand Slam semifinalist and was playing Ivo Karlovic of Croatia in the first round Tuesday night;— Barrère, a 26-year-old from France who beat Taro Daniel of Japan in four sets Tuesday to advance to a meeting against No. 10 Andrey Rublev on Thursday;— Bonaventure, a 26-year-old from Belgium who beat No. 25 Zhang Shuai of China in three sets on Tuesday;— Flipkens, a 34-year-old from Belgium who beat No. 32 Rebecca Peterson of Sweden on Monday and is scheduled to face Jessica Pegula of the U.S. in the second round on Wednesday. Flipkens was a Wimbledon semifinalist in 2013.The USTA released the details of the restrictions placed on players who possibly were exposed, including daily testing by 1 p.m. and access only to a match court or assigned practice court while at the Billie Jean King National Tennis Center.They can’t use locker rooms or dining areas, and their entourages must wear masks at all times, including during practice and matches.When the players are at their hotel, they must stay in their rooms and can’t have visitors.Image credits: AP SUBSCRIBE TO US Written By First Published: 2nd September, 2020 06:52 IST Last Updated: 2nd September, 2020 06:52 IST Gasquet, Flipkens Among 7 On Stricter Protocols At US Open Three players who competed at the U.S. Open on Tuesday — Richard Gasquet, Grégoire Barrère and Ysaline Bonaventure — and one scheduled to play Wednesday — Kirsten Flipkens — are among the seven entrants placed under stricter COVID-19 protocols after contact with the only athlete to test positive for the coronavirus at the tournament , The Associated Press has learnedcenter_img WATCH US LIVE Associated Press Television News FOLLOW US LIVE TVlast_img read more

How get a behind the scenes look at the Lakers Draft Day on Snapchat

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first_img Newsroom GuidelinesNews TipsContact UsReport an Error If you are reading this article on your phone, click this link to add us. The Los Angeles Lakers enter the NBA Draft with the No. 2 overall pick. We will take you behind the scenes at the Lakers practice facility in El Segundo.We’ll be there to get the night’s draft festivities on Snapchat so, follow SocalPrepLegend to see it all live.Follow us by opening the app and searching for SocalPrepLegend or by pointing your camera over our ghost in the above image.last_img read more