New record, DUTI’s net profit soared 42.66% in 2023
15 Mar 2024 06:34
PT Duta Pertiwi Tbk (DUTI), a real estate and property company under Sinarmas Group, booked net profit of IDR 1.07 trillion throughout 2023, up 42.66% year-on-year (yoy).
Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares
14 Mar 2024 20:35
On Friday, March 8, over 2.29 billion shares of PT Bank BTPN Tbk (BTPN) were annexed by Sumitomo Mitsui Banking Corporation - Equity, the bank's majority shareholder. SMBC had previously owned about 88.52% of BTPN shares, but after this most recent transaction, its ownership has increased to 91.06%. PT Bank HSBC Indonesia was chosen to facilitate the purchase. In addition, Low Tuck Kwong, the controlling shareholder of PT Bayan Resources Tbk (BYAN), acquired 173.02 million BYAN shares. The ownership of this individual investor increased as well, going from 61.61% to 62.12%.
IMR Asia receives a 361 million-share transfer of Fortune Indonesia (FORU) from Karya Citra
14 Mar 2024 20:05
Up to 361.50 million shares of PT Fortune Indonesia Tbk (FORU) were transferred from PT Karya Citra Prima, the company's controlling shareholder, to IMR Asia Holding Pte Ltd, a foreign investor, on Thursday, March 7. Karya Cipta's ownership has drastically decreased from 89.25% to 11.55%, while this new investor based in Singapore now controls 77.7% of the issuer providing marketing communications services. The two investors conducted stock trading transactions using the same security, PT CGS International Sekuritas Indonesia.
Over 1 billion Gojek Tokopedia (GOTO) shares are sold; net foreign volume concludes at -261.88 million shares
14 Mar 2024 19:43
After being the most purchased stock in the previous trading days, shares of the digital business PT Gojek Tokopedia Tbk (GOTO) became the most sold by foreign investors on Wednesday, March 13, with up to 1.04 billion shares sold and a net volume of -252.10 million shares. This share sale contributed to an increase in the foreign sales volume of approximately 3.39 billion shares. Meanwhile, foreign buying volume was 3.13 billion shares, resulting in a net foreign volume of -261.88 million shares.
Fitch lower Pan Brothers’ rating again, now to Restricted Default
14 Mar 2024 17:01
Fitch Ratings has demoted long-term rating of PT Pan Brothers Tbk (PBRX) to ‘RD’ (Restricted Default) level from the previous ‘C.’
Cashlez Worldwide Indonesia to issue private placement of 143.11 million shares
14 Mar 2024 15:53
PT Cashlez Worldwide Indonesia Tbk (CASH) will initiate its capital raise without pre-emptive rights, or private placement, by issuing 143,112,551 new shares.
Federal Finance to offer Bond of IDR 2 trillion
14 Mar 2024 15:45
PT Federal International Finance/FIF Group eyes extra working capital through the issuance of Bond Phase III Year 2024 worth IDR 2 trillion to expand its vehicle financing distribution
DOID’s net profit soared 26% in 2023, went over USD 36 million
14 Mar 2024 15:20
PT Delta Dunia Makmur Tbk (DOID) booked net profit of USD 36 million throughout 2023, increasing 26% year-on-year (yoy) from the net profit in 2022.
NCKL to offer 9.09% to potential investors
14 Mar 2024 14:34
PT Trimegah Bangun Persada Tbk (NCKL) offers 9.09% of its shares to potential investors via private placement.
After suffering losses, Diagnos to acquire DNA data company Asa Ren
14 Mar 2024 14:02
PT Diagnos Laboratorium Utama Tbk (DGNS) will acquire 97.97% of the shares of Asa Ren Pte. Ltd, an AI-based DNA data company registered in Singapore, with a transaction value estimated at IDR 357.89 billion.
