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December marks maturity of three Indah Kiat Pulp & Paper bonds

29 Nov 2024 12:23

Nineteen bonds issued by fifteen issuers are expected to mature at the conclusion of this year. PT Indah Kiat Pulp & Paper Tbk (INKP), a manufacturer of paper and cardboard packaging, owns three of these bonds. On December 1, INKP's first bond, worth IDR 16.89 billion, will mature. The next day, a USD bond for USD 251 thousand will mature. A third bond debt of IDR 878.81 billion must also be paid by this issuer on December 8.

December marks maturity of three Indah Kiat Pulp & Paper bonds

Karya Pacific Investama purchases 6.2 billion MNC Energy (IATA) shares

29 Nov 2024 10:58

PT Karya Pacific Investama made the decision to officially start a new investment in PT MNC Energy Investments Tbk (IATA), a business owned by MNC Group that deals in energy trading and investment, on Tuesday, November 26. This new investor promptly acquired over 6.28 billion shares through PT UOB Kay Hian Sekuritas, giving them a 24.91% ownership stake. However, by releasing about 3.55 billion IATA shares through PT MNC Sekuritas, the former IATA controller, PT MNC Asia Holding Tbk, decreased its shares from 44.08% to 30%.

Karya Pacific Investama purchases 6.2 billion MNC Energy (IATA) shares