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Two major investors in Triputra Agro (TAPG) released billions of shares

17 May 2024 21:24

News from PT Triputra Agro Persada Tbk (TAPG), a palm oil and rubber company, drove the stock market on Monday, May 13. Two TAPG foreign investors sold a large number of shares, beginning with Gochean Holdings Incorporated, which sold 1.09 billion shares, increasing its shareholding to 5.39%. Then, Salween Investment Pte Ltd. sold 1.49 billion shares, reducing its ownership to just 7.37%. Even so, PT Persada Capital Investama, the holder of 23% of TAPG shares, increased its shareholding by 999.86 million shares, bringing its ownership to 28.28%.

Two major investors in Triputra Agro (TAPG) released billions of shares

Lawson Indonesia to gain extra capital of IDR 70 billion

17 May 2024 16:01

PT Lancar Wiguna Sejahtera (LWS), a subsidiary of PT Midi Utama Indonesia Tbk (MIDI) that operates Lawson in Indonesia, receives another extra capital of IDR 70 billion.

Lawson Indonesia to gain extra capital of IDR 70 billion

Mark Dynamics to distribute final dividend of IDR 114 billion

17 May 2024 15:41

PT Mark Dynamics Indonesia Tbk (MARK), a glove cast and sanitation product manufacturer, will distribute final dividend of IDR 114 billion or IDR 30 per share.

Mark Dynamics to distribute final dividend of IDR 114 billion

OPPM to issue bonds worth over IDR 4 trillion

17 May 2024 11:39

PT Oki Pulp & Paper Mills (OPPM) will issue bonds worth more than IDR 4 trillion, consisting of conventional bond, global bond, and green bond.

OPPM to issue bonds worth over IDR 4 trillion

Higher finance expenses, Kobexindo Tractors lost IDR 41.91 billion

17 May 2024 10:53

PT Kobexindo Tractors Tbk (KOBX), a distributor of heavy equipment and vehicles, reported a loss of IDR 41.91 billion in the first quarter (Q1) of 2024.

Higher finance expenses, Kobexindo Tractors lost IDR 41.91 billion

Adaro Energy Indonesia to channel final dividend of USD 400 million

17 May 2024 10:10

PT Adaro Energi Indonesia Tbk (ADRO), one of the biggest coal mining companies in Indonesia, will be preparing the final dividend distribution of USD 400 million or IDR 6.4 trillion.

Adaro Energy Indonesia to channel final dividend of USD 400 million

Up 6.46%, ELSA to channel dividend of IDR 201.25 billion

17 May 2024 09:51

PT Elnusa Tbk (ELSA) will distribute dividend for the fiscal year (FY) 2023 of IDR 201.25 billion, up 6.46% year-on-year (yoy) from the dividend allocated in FY 2022.

Up 6.46%, ELSA to channel dividend of IDR 201.25 billion

Indosat’s net profit grew 39.3% in Q1 2024

17 May 2024 09:42

PT Indosat Tbk (ISAT), a wireless telecommunication service company with the highest market cap in Indonesia, scored net profit of IDR 1.29 trillion in Q1 2024, growing 39.3% year-on-year (yoy) from the same quarter last year.

Indosat’s net profit grew 39.3% in Q1 2024

PBID officially sets up stock split with 1:4 ratio

17 May 2024 09:37

PT Panca Budi Idaman Tbk (PBID) will split its stock with a ratio of 1:4, meaning that one old share will be split into 4 new shares with a new face value.

PBID officially sets up stock split with 1:4 ratio

Waskita Karya bailed on bond’s principal and interest payment of IDR 1.36 trillion

16 May 2024 17:00

PT Waskita Karya (Persero) Tbk (WSKT), yet again, failed to pay off principal and interest of its bond worth IDR 1.36 trillion, whose payment is due this Thursday (16/5).

Waskita Karya bailed on bond’s principal and interest payment of IDR 1.36 trillion