Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  OYO Corporation    9755   JP3174600001

OYO CORPORATION

(9755)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Indonesia seeks property management deal with Oyo, RedDoorz

share with twitter share with LinkedIn share with facebook
share via e-mail
12/19/2019 | 06:10am EDT

Indonesia is exploring a potential deal with Singapore-based hotel and booking startup RedDoorz and India's Oyo to manage some state-owned properties in a bid to improve returns, a government spokesman said.

The government of Southeast Asia's largest economy manages billions of dollars worth of assets, including some apartments and lodgings in strategic locations which it offers for rent to the public.

A collaboration with online platforms could "expand the options of asset optimalisation", including through better digital marketing, finance ministry spokesman Nufransa Wira Sakti said.

"For now, we are exploring a potential deal with apartment managers through digital marketing systems, which are Oyo and RedDoorz," he said.

RedDoorz, which claims to be the biggest hotel management and booking platform in Southeast Asia, declined to comment.

Oyo, which is backed by SoftBank's Vision Fund, did not immediately respond to a request for comment.

The Indonesian government has been trying to better manage its assets, beginning by revaluing them in recent years and insuring some of them for the first time this year.

(Reporting by Nilufar Rizki; Editing by Gayatri Suroyo and Muralikumar Anantharaman)

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on OYO CORPORATION
01/14SoftBank's Oyo lays off over 1,000 employees in India amid profit push
RE
2019OYO CORPORATION : Ex-dividend day for final dividend
FA
2019Indonesia seeks property management deal with Oyo, RedDoorz
RE
2019India's competition watchdog to probe Softbank's Oyo, MakeMyTrip
RE
2019OYO : MHIR and Incubit Develops an AI Model Predicting Possible Mudflows from To..
AQ
2019OYO CORPORATION : Ex-dividend day for interim dividend
FA
2018OYO CORPORATION : Ex-dividend day for final dividend
FA
2018OYO CORPORATION : Ex-dividend day for interim dividend
FA
2017OYO CORPORATION : Ex-dividend day for final dividend
FA
2017OYO CORPORATION : Anniversary bonus dividend
FA
More news
Financials
Sales 2019 53 883 M 500 M 500 M
Net income 2019 2 176 M 20,2 M 20,2 M
Net cash 2019 24 210 M 225 M 225 M
P/E ratio 2019 18,3x
Yield 2019 1,96%
Capitalization 35 071 M 326 M 325 M
EV / Sales 2018 0,12x
EV / Sales 2019 0,29x
Nbr of Employees 2 235
Free-Float 59,5%
Chart OYO CORPORATION
Duration : Period :
OYO Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OYO CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Managers
NameTitle
Masaru Narita President & Representative Director
Jun Shigenobu Director & Managing Executive Officer
Kenji Sato Director & Managing Executive Officer
Wataru Nakagawa Director & Managing Executive Officer
Yuichi Hirashima Representative Director & Vice President
Sector and Competitors