3 Bonds Gain WOMF Rating idA -

JAKARTA - Indonesian Securities Agencies (Pefindo) idA rank-to three bonds owned by PT Wahana Ottomitra Multiartha Tbk (WOMF).

Ie bonds, bond II-2005 PT Wahana Ottomitra Multiartha Tbk (WOMF) worth Rp 500 billion, corporate bonds III-2006 worth Rp825 billion, and bonds valued at Rp1 trillion.

This was revealed Julius Pefindo analyst Teddy and Hendro Utomo, in a written statement published, Jakarta, Wednesday (6/5/2009).

In the statement, referred to the three bond rating companies reflects the strong support of the controlling shareholder, the diversified portfolio with a good and sufficient liquidity despite facing high debt to capital ratio.

For information, holders of shares of PT Bank Internasional Tbk (BBII) of 50.03 percent, the International Finance Corporation (IFC) of 11.97 percent, DBS Nominess five percent, and the public by 33 percent.

Just FYI, now WOMF has 53 branches, 87 sub-branches and 40 payment points and 470 cooperate with a motorcycle dealership distribution channel in Java, Sumatra, Bali, Kalimantan, and Sulawesi.

JCI trading session on the first, the stock price with the issuer code or WOMF strengthened Rp5 up five percent to the level of Rp105 per share.