ADHI secures credit facility of IDR 1.35 trillion from Bank Mandiri
12 Jul 2024 09:09
PT Adhi Karya (Persero) Tbk (ADHI) has obtained a credit facility worth IDR 1.35 trillion from PT Bank Mandiri (Persero) Tbk (BMRI).
Joo Hee Ko acquires 5% share in Samcro Hyosung (ACRO)
11 Jul 2024 21:53
Individual investor Joo Hee Ko decided to invest in PT Samcro Hyosung Adiwisata (ACRO), a manufacturer of hook and loop/magic tape adhesive products, on Tuesday, July 9. By purchasing 173.78 million shares through PT Kiwoom Sekuritas Indonesia, this new investor gained 5.01% control of ACRO immediately.
Astra Agro Lestari to join RSPO
11 Jul 2024 21:23
PT Astra Agro Lestari Tbk (AALI), a subsidiary of PT Astra International Tbk (ASII) engaged in palm plantation, has submitted the request to join Roundtable on Sustainable Palm Oil (RSPO) as a member.
Foreign investors sell 4 billion Gojek Tokopedia shares, net foreign drops to -4.16 billion
11 Jul 2024 21:19
Share sales activities on Wednesday, July 10, were fantastic, with foreign sales volume hitting 6.23 billion shares. One factor contributing to this high figure was the sale of 4.19 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), resulting in a net volume of -3.57 billion shares. Meanwhile, foreign buying volume was only around 2.06 billion shares, bringing net foreign volume down to -4.16 billion shares.
Pudjiadi Prestige (PUDP) investors saw their shares double after 1:2 stock split
11 Jul 2024 21:16
On Monday, July 8, PT Pudjiadi Prestige Tbk (PUDP), a construction and real estate issuer, conducted a 1:2 stock split. As a result, the issuer's investors received twice as many shares. PT Istana Kuta Ratu Prestige, which owns 44.54% of PUDP shares, previously held 146.77 million shares but now has 293.54 million. Aside from that, individual investor Lenawati Setiadi P., who previously owned 73.89 million shares, now owns 147.79 million shares, representing a 22.42% stake.
Foreign sell reaches 2 billion, net foreign volume closed at -195.86 million shares
11 Jul 2024 18:20
On Tuesday, July 9, share sales transactions carried out by foreign investors resulted in a foreign selling volume of 2.03 billion shares. Meanwhile, foreign buying volume was only around 1.84 billion shares, leaving net foreign volume at -195.86 million shares. The telecoms business PT Smartfren Telecom Tbk (FREN) had the most shares sold, up to 224.32 million shares, for a net volume of -223.02 million shares.
Hashim Djojohadikusumo reveals plan to increase debt-to-GDP ratio
11 Jul 2024 17:21
Hashim Djojohadikusumo, brother of Prabowo Subianto Djojohadikusumo, Elected President of Indonesia, is announcing the plan of increasing debt ratio to 50% of Gross Domestic Products (GDP).
Foreign investors buy up Gojek Tokopedia shares, net foreign volume closed at 468.10 million shares
11 Jul 2024 17:08
On Monday, July 8, foreign investors purchased the most shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling around 413.57 million shares, with a net volume of 378.57 million shares. This deal accounted for approximately one-sixth of the overall foreign purchase volume, which was in the range of 2.47 billion shares. Meanwhile, foreign sales volume was 2.01 billion shares, bringing net foreign volume into the green zone and closing at 468.10 million shares.
Accelerating internet infrastructure expansion, WIFI pairs up with Japanese enterprise
11 Jul 2024 16:27
PT Solusi Sinergi Digital Tbk (WIFI), a digital service and internet network provider, has signed a partnership contract of Fiber To The Home (FTTH) network with NTT e-Asia Corporation, a Japan-based telecommunication company.
Pelindo scored DR 530.59 billion of profit in H1 2024
11 Jul 2024 15:53
PT Pelabuhan Indonesia (Persero) or Pelindo reportedly booked net profit of IDR 530.59 billion in the first half of 2024, down 61.67% year-on-year (yoy) of IDR 1.38 trillion in H1 2023 due to increased operating expenses.
