J Resources’ controller considers divestment
04 Sep 2024 09:27
Jimmy Budiarto, the controlling shareholder of PT J Resources Asia Pasifik Tbk (PSAB), is said to currently consider divesting 92.5% of the company's shares.
Net foreign volume hits surplus of 586.51 million shares
03 Sep 2024 17:05
On Monday, September 2, foreign investors purchased up to 2.54 billion shares. Foreign sales volume then totaled 1.95 billion shares, resulting in a net foreign volume surplus of 586.51 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the highest shares purchased, with foreign investors purchasing 464.65 million shares for a net volume of 175.52 million shares.
Kharisma Andalas owns nearly 6% of Perdana Gapura Prima (GPRA)
03 Sep 2024 17:01
Through PT Mirae Asset Sekuritas Indonesia, PT Kharisma Andalas Putra purchased 255.65 million shares of real estate developer PT Perdana Gapura Prima Tbk (GPRA) on Thursday, August 29. With a 5.98% share portion, the purchase instantly made this investor the newest major shareholder in GPRA. However, GPRA's controller, PT Abadimukti Gunalestari, actually decreased the number of shares it owned by 48.78 million, making its share portion only 68.78%.
Elaine Low receives 22% shareholding in Bayan Resources (BYAN) from Low Tuck Kwong
03 Sep 2024 16:57
Conglomerate and controller of PT Bayan Resources Tbk (BYAN), Low Tuck Kwong, gave his daughter Elaine Low control over 7.33 billion BYAN shares on Wednesday, August 28. Elaine now owns 22% of the shares in the coal mining and contractor company, while Low Tuck Kwong's share portion decreased from 62.15% to just 40.15%. Securities firm BUT Butsche Bank AG facilitated the transaction between the two.
Two bonds from Indah Kiat Pulp & Paper (INKP) due in September
03 Sep 2024 16:39
This September, PT Indah Kiat Pulp & Paper Tbk (INKP), a paper and cardboard packaging manufacturer, is expected to pay two bond payments simultaneously. The Sinarmas Group subsidiary's Shelf Registration Bond IV Indah Kiat Pulp & Paper Stage II 2023 Series A is scheduled to mature on September 5th, 2024, with a valuation of IDR207.05 billion. In addition, INKP will once again distribute IDR1.05 trillion to the investors of Shelf Registration Bond II Indah Kiat Pulp & Paper Stage I 2021 Series B at the end of the month, specifically on September 30. This second payment will also be noted as this month's largest bond call payment.
JCI was sluggish throughout the day
03 Sep 2024 16:32
Jakarta Stock Price Composite Index (JCI) was seen slipping throughout today’s (3/9) session, contrasting with yesterday’s (2/9) solid trend that brought JCI to the level of 7,700-ish.
BREN’s market cap surpasses BBCA, reaching IDR 1.43 quadrillion now
03 Sep 2024 16:03
PT Barito Renewables Energy Tbk (BREN) once again seized the top spot at market capitalisation list, defeating 934 other issuers in the stock exchange as of August 2024.
BCA Multi Finance now merges into BCA Finance
03 Sep 2024 15:25
PT Bank Central Asia Tbk (BBCA) merges two of its subsidiaries, PT BCA Multi Finance (BMC) into PT BCA Finance, effective starting yesterday (1/9).
Taking on investment management business, BBRI to work with European investment manager
03 Sep 2024 13:44
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has signed a Conditional Share Subscription Agreement (CSSA) with Amundi, an asset management company based in France.
PANI’s subsidiary to raise portion in CGIC
03 Sep 2024 13:22
PT Bangun Kosambi Sukses (BKS), a subsidiary of PT Pantai Indah Kapuk Dua Tbk (PANI), increases its portion in PT Cahaya Gemilang Indah Cemerlang (CGIC) to 55.89% from 51% of issued and paid-up capital.
