Another front engaged in civic-social actions in the northern region. The partial results indicated that 25,955 people were treated and 4,608 medications distributed. Before the end of the operation, there will be medical, dental, and hospital assistance in Porto Murtinho, Mato Grosso do Sul state, and in Tabatinga, Amazonas state, as well as other locations to be determined by the military commanders from the west and south of the Amazon. Regulated by President Dilma Rousseff’s Strategic Border Plan, Operation Ágata remains under the command of the Ministry of Defense and the coordination of the Armed Forces Joint Staff, supported by 12 ministries, approximately 20 governmental agencies, police forces, and agents from 10 states and 710 cities. By Dialogo May 28, 2013 The stability of the first five days of Operation Ágata 7 indicated that the military raided 42,200 vehicles and 2,778 vessels along the 10,000 miles of the entire Brazilian border. With 31,263 military Soldiers and civilians – the largest headcount ever used in a federal government operation -, Operation Ágata also seized 43.5 pounds of marihuana, 11 pounds of cocaine, and 1.8 pound of cocaine paste. Four aircraft were intercepted and subsequently released after no irregularities were discovered. The seizure of $ 260,000 by the 14th Motorized Infantry Brigade is an important accomplishment. The money, of unknown origins, was in a plastic bag, under the driver’s seat of a BMW car. The crime occurred on a highway in the city of Maravilha, Santa Catarina state. Operation Ágata began on May 18, between Oiapoque, Amapa, and Chui, in Rio Grande do Sul state. The initial plan was to use 25,000 Soldiers, but the current count shows a mobilization of 31,200 civilians and Soldiers, along Brazil’s border region. The operation started prior to the country hosting the Confederations Cup and the visit from Pope Francis, as part of World Youth Day, two large upcoming events in the country.
The figure was similar to last year’s investment allocation of $100 million, according to a previous report by Kontan.The investment firm, backed by former Jakarta deputy governor and 2019 vice presidential contender Sandiaga Uno, currently has 15 companies in its portfolio.They including publicly listed companies like coal miner PT Adaro Energy, telecommunication tower firm PT Tower Bersama Infrastructure and automotive firm PT Mitra Pinashtika Mustika (MPM), stocks of which also took a severe hit in the pandemic.Since the beginning of this year, Adaro lost 33.76 percent of its value as of Thursday, while Tower Bersama and MPM share prices declined by 4.88 percent and 24.06 percent, respectively.Saratoga’s portfolio also includes several privately-owned companies like hospital firm PT Famon Awal Bros Sedaya and pharmaceutical firm PT Deltomed Laboratories.The firm’s finance director, Lany D. Wong, stated that the company remained confident on its investees’ stock performance this year, as some of those share prices had regained strength amid the gradual market recovery in April and May.“We are also confident about our investees’ financial performance, as they have good underlying,” said Lany.Meanwhile, Saratoga received approval from its shareholders to disburse Rp 149.2 billion in dividends this year, equal to Rp 55 per share, from its 2019 profit, she continued.The company pocketed Rp 7.37 trillion in net profit in 2019 as it booked Rp 6.23 trillion in net gains on investments. It also booked Rp 2.84 billion on dividends, interest and investment income last year. Saratoga Investama recorded investment losses at Rp 5.9 trillion (US$418.8 million) in this year’s first quarter, a turnaround from Rp 1.39 trillion in profit it booked in the same period last year, as mark-to-market share prices plunged. The Jakarta Composite Index (JCI), the main gauge of Indonesian share prices, has dropped more than 21 percent since the beginning of the year, fuelled by investors’ fear over the impact of the COVID-19 pandemic on the economy.The company’s natural resources stocks portfolio recorded the steepest fall in the first quarter this year with Rp 3 trillion in losses against Rp 509.8 billion in the same period in 2019. In general, it focuses its investment on infrastructure, natural resources and consumer sectors.The company would continue investing in the three sectors, while it expected to score the new investment deals in the next six to 12 months, as it was currently conducting due diligence, Devin said.“We are allocating around $50 million to $100 million for this year’s investments,” said Devin. Publicly listed investment firm PT Saratoga Investama Sedaya plans to expand its investment portfolio after losses sustained in the stock market crash induced by the COVID-19 pandemic.The company’s investment director, Devin Wirawan, said on Wednesday that Saratoga had been assessing several companies and was determining the timing to purchase the stocks.“As an active investment company, we will actively buy new stocks when share prices fall as many of them become more affordable for us,” he told the press during a virtual press briefing, adding that the company would also remain cautious in expanding its portfolio. Topics :