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Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares

18 Apr 2024 17:15

On Friday, April 5, PT Hotel Candi Baru, the controlling investor in PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), increased its stake by 5.14 billion shares via PT BNI Sekuritas. This share purchase also increased Hotel Candi Baru's ownership of the herbal medicine producer from 51% to 68.14% of SIDO shares. PT. Ahabe Niaga Selaras has also become a new shareholder in the automotive company, PT Bintraco Dharma Tbk (CARS). This investor acted quickly, acquiring 1.40 billion shares, or roughly 9.34% ownership, through two securities firms.

Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares

Arkora Hydro to sign loan agreement worth IDR 20 billion

18 Apr 2024 17:10

PT Arkora Hydro Tbk (ARKO), a power plant company, has signed a loan facility agreement with one of its subsidiaries, PT Nosu Hydro.

Arkora Hydro to sign loan agreement worth IDR 20 billion

Hesitating on IKN, Prodia allocates 55% of capex to IT

18 Apr 2024 16:06

PT Prodia Widyahusada Tbk (PRDA) has prepared moderate amount of capital expenditure (capex) in 2024, worth a maximum of IDR 250 billion.

Hesitating on IKN, Prodia allocates 55% of capex to IT

DMAS raked in marketing sales of IDR 560 billion in Q1

18 Apr 2024 15:30

In the first quarter (Q1) of 2024, PT Puradelta Lestari Tbk (DMAS) managed to book marketing sales of IDR 560 billion.

DMAS raked in marketing sales of IDR 560 billion in Q1

TLKM ends Q1 with IDR 7.82 trillion of profit

18 Apr 2024 14:45

PT Telkom Indonesia (Persero) Tbk (TLKM) bags profit of IDR 7.82 trillion in the first quarter (Q1) of 2024, slowing down 7.43% year-on-year (yoy) from IDR 8.44 trillion seen in 2023.

TLKM ends Q1 with IDR 7.82 trillion of profit

Joining hands with Eternal Tsingshan, HRUM to expand investment in nickel

18 Apr 2024 13:50

PT Harum Energy Tbk (HRUM) is partnering with Eternal Tsingshan Group Limited (ET) in order to enhance its investment portfolio in nickel mining industry.

Joining hands with Eternal Tsingshan, HRUM to expand investment in nickel

EAST to set up final dividend of IDR 10.10 billion

18 Apr 2024 11:21

Shareholders reportedly approved PT Eastparc Hotel Tbk’s (EAST) plan to distribute cash dividend of IDR 10.10 billion for the fiscal year (FY) 2023.

EAST to set up final dividend of IDR 10.10 billion

Profit pressured by normalisation, Prodia still set up dividend of IDR 155.6 billion

18 Apr 2024 11:14

PT Prodia Widyahusada Tbk (PRDA), a company managing Prodia laboratory network, has allocated IDR 155.6 billion to be distributed to its shareholders as cash dividend.

Profit pressured by normalisation, Prodia still set up dividend of IDR 155.6 billion

DGNS schedules rights issue to acquire Asa Ren

18 Apr 2024 10:42

PT Diagnos Laboratorium Utama Tbk (DGNS) will conduct rights issue of a maximum of 921 billion new shares worth IDR 25 per share.

DGNS schedules rights issue to acquire Asa Ren

BABY to sell 300 thousand treasury shares

18 Apr 2024 10:01

PT Multitrend Indo Tbk (BABY) will divest 300 thousand shares of its treasury stock next week (25/4). The number of treasury shares as of March 2024 was recorded at 56.69 million.

BABY to sell 300 thousand treasury shares