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Boy Thohir amd two new investors purchase billions of shares of Essa Industries (ESSA)

04 Mar 2024 13:53

On Thursday, February 29, businessman Garibaldi Thohir, also known as Boy Thohir, acquired 1.47 billion shares in PT Essa Industries Indonesia Tbk (ESSA). Boy's ownership of the LPG and ammonia refinery companies increased from 5.55% to 14.14% as a result of this spending. Two new investors also purchased a significant amount of ESSA shares this time around. PT Akraya International purchased 1.29 billion shares, or the equivalent of 7.5% ownership. Subsequently, 1.20 billion ESSA shares were purchased by individual investor T. Permadi Rachmat, giving him a final ownership stake of 7.02%.

Boy Thohir amd two new investors purchase billions of shares of Essa Industries (ESSA)

Life insurance’s mutual fund assets down to IDR 78.2 trillion

04 Mar 2024 11:45

The mutual fund assets in Indonesian life insurance industry continued to decline. Within the past 3 years, they have shrunk by 52.71%.

Life insurance’s mutual fund assets down to IDR 78.2 trillion

Bank Tabungan Negara is projected to share dividend of IDR 700 billion

04 Mar 2024 11:11

PT Bank Tabungan Negara (Persero) Tbk (BBTN), a state-owned bank, is predicted to set up cash dividend distribution of IDR 700 billion, which will be taken out of its 2023 net profit.

Bank Tabungan Negara is projected to share dividend of IDR 700 billion

Elnusa to set up capex of IDR 526 billion to drive business growth

04 Mar 2024 10:51

PT Elnusa Tbk (ELSA), a subsidiary of PT Pertamina Hulu Energi (PHE) integrated in the sub-holding of upstreaming business of Pertamina, prepares capital expenditure (capex) of IDR 526 billion this year.

Elnusa to set up capex of IDR 526 billion to drive business growth

PANI booked 96.76% surge to IDR 273 billion of profit

04 Mar 2024 10:46

The performance of PT Pantai Indak Kapuk Dua Tbk (PANI) has soared high, sporting revenue growth of 274% and profit growth of 96.76% year-on-year (yoy) in 2023.

PANI booked 96.76% surge to IDR 273 billion of profit

Buana Finance to obtain another IDR 765 billion facility from Bank Danamon

04 Mar 2024 10:26

PT Buana Finance Tbk (BBLD), a consumer financing company listed on Indonesia Stock Exchange (IDX) since 1990, has acquired a credit facility worth IDR 765 billion from PT Bank Danamon Indonesia Tbk (BDMN).

Buana Finance to obtain another IDR 765 billion facility from Bank Danamon

BWPT’s profit skyrocketed 912.84% in 2023

04 Mar 2024 10:18

Despite the slowing down in the revenue throughout 2023, the net profit of PT Eagle High Plantations Tbk (BWPT) reported a 912.84% upturn from its performance in 2022.

BWPT’s profit skyrocketed 912.84% in 2023

Production thrives, PGEO saw 28% profit surge

04 Mar 2024 09:59

PT Pertamina Geothermal Energy Tbk (PGEO), an entity under Pertamina Group engaged in the geothermal energy industry, reported 28% year-on-year (yoy) profit surge at the end of 2023 to USD 163.57 million.

Production thrives, PGEO saw 28% profit surge

Share buying and selling transactions are slightly different; net foreign volume is almost 75 million pieces in surplus

03 Mar 2024 19:11

On Friday, March 1, foreign share buying and selling transactions were not much different, at around 2 billion shares each. The foreign buying volume was 2.12 billion shares, whereas the foreign selling volume was 2.04 billion shares. As a result, the net foreign volume stood at 74.99 million shares. The most purchased shares this time were those of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with approximately 708.84 million shares and a net volume of 179.57 million shares.

Share buying and selling transactions are slightly different; net foreign volume is almost 75 million pieces in surplus

Closing the weekend, ARII shares climbs top gainers

01 Mar 2024 18:12

PT Atlas Resources Tbk (ARII) shares rose 24.76% until the close of transactions, which put this issuer at the top of the Top Gainers on Friday (1/3).

Closing the weekend, ARII shares climbs top gainers