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MBMA plans for a 10% rights issue

16 May 2024 12:13

PT Merdeka Battery Materials Tbk. (MBMA) will conduct a rights issue of up to 10% of total issued and fully paid up by the Company. Approval for this corporate action plan will be sought at the Annual General Meeting of Shareholders (AGMS) on June 21, 2024.

MBMA plans for a 10% rights issue

Sale of 504 million Smartfren Telecom (FREN) shares drives net foreign volume to -108.77 million

16 May 2024 12:12

On Monday, May 13, foreign investors were selling 504.19 million shares of the telecommunications company PT Smartfren Telecom Tbk (FREN) for a net volume of -448.64 million shares. This sale contributed to an increase in foreign sell volume to around 3.60 billion shares. Meanwhile, foreign buy volume was only 3.49 billion shares, resulting in a deficit net foreign volume of -108.77 million shares.

Sale of 504 million Smartfren Telecom (FREN) shares drives net foreign volume to -108.77 million