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2.31 billion shares of VKTR Technology (VKTR) claimed by Mandala Raya Yuwana

18 Jul 2024 14:46

At PT VKTR Teknologi Mobilitas Tbk (VKTR), a company that manufactures electric vehicles, there was a significant share transfer on Thursday, July 11. Through PT Ciptadana Sekuritas Asia, a new investor named PT Mandala Raya Yuwana was observed claiming ownership of 2.31 billion shares, meaning that it directly owns a share portion of 5.29%. In the meantime, 975 million shares were released by PT Bakrie & Brothers Tbk, the controller of VKTR, reducing ownership from 45.55% to 43.32%. PT BNC Sekuritas Indonesia was in charge of overseeing this particular transaction. Additionally, PT Arthakencana Rayatama bought more shares by acquiring 30.99 million of PT AKR Corporindo Tbk (AKRA).

2.31 billion shares of VKTR Technology (VKTR) claimed by Mandala Raya Yuwana

Sales continued to decline, Hetzer Medical dealt with another loss in Q2 2024

18 Jul 2024 14:03

PT Hetzer Medical Indonesia Tbk (MEDS), a manufacturer and supplier of medical devices making its debut on Indonesia Stock Exchange (IDX) in 2022, suffered another loss of IDR 3.69 billion in the second quarter (Q2) of 2024.

Sales continued to decline, Hetzer Medical dealt with another loss in Q2 2024

Boosting growth, TPMA acquires 65% of BEST worth US$32.5 million

18 Jul 2024 12:56

PT Trans Power Marine Tbk (TPMA) has acquired 65% shares of PT Bahtera Energi Samudra Tuah (BEST), a sea transportation company which still has an affiliate relationship.

Boosting growth, TPMA acquires 65% of BEST worth US$32.5 million

Shimizu to hold 19.90% of TOTL

18 Jul 2024 11:35

Shimizu Corporation acquires 678.59 million shares from shareholders of PT Total Bangun Persada Tbk (TOTL) for IDR 393.58 billion.

Shimizu to hold 19.90% of TOTL

TAPG bags IDR 870 billion of dividend from subsidiary

18 Jul 2024 11:00

PT Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation company, reported dividend income of IDR 870 billion from one of its subsidiaries, PT Union Sampoerna Triputra Persada (USTP).

TAPG bags IDR 870 billion of dividend from subsidiary

Joining hands with Metland, Multivision Plus to expand Platinum Cineplex

18 Jul 2024 10:33

Platinum Cineplex, a movie theatre network under PT Tripar Multivision Plus Tbk (RAAM), has expanded its network following the signing of Memorandum of Understanding (MoU) with Metland Cibitung.

Joining hands with Metland, Multivision Plus to expand Platinum Cineplex

Foreign selling volume drops, net foreign volume closed at 229.57 million shares

18 Jul 2024 10:19

Foreign sales volume on Monday, July 15, dropped from the previous day to 1.35 billion shares. Meanwhile, the foreign buying volume was 1.58 billion shares, with the net foreign volume closing at 229.57 million shares. Foreign investors purchased the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling 300.58 million shares and generating a net volume of 300.06 million shares.

Foreign selling volume drops, net foreign volume closed at 229.57 million shares

Keeping inflation under control, BI Rate maintained at 6.25%

18 Jul 2024 09:58

Bank Indonesia (BI) is maintaining BI Rate at 6.25% in order to ensure inflation relatively stable at 2.5% this year and the next.

Keeping inflation under control, BI Rate maintained at 6.25%

PTDU to restructure debts of IDR 72 billion

18 Jul 2024 09:34

PT Djasa Ubersakti Tbk (PTDU) will restructure its debts of IDR 72 billion owed to PT Bank Pembangunan Daerah Kalimantan Timur dan Kalimantan Utara (BPD Kaltimtara).

PTDU to restructure debts of IDR 72 billion

PTBA and BRIN start on processing coals for Li-ion battery materials

17 Jul 2024 20:17

PT Bukit Asam Tbk (PTBA), a part of state-owned mining holding (MIND ID), is starting a pilot project with National Research and Innovation Agency (BRIN) to convert coals to artificial graphite and anode sheet, two of raw materials of Lithium-ion (Li-ion) battery.

PTBA and BRIN start on processing coals for Li-ion battery materials