Woori Bank Korea ready to pour IDR 3.6 trillion fresh funds in SDRA rights issue
26 Feb 2024 16:25
Woori Bank Korea has expressed its willingness to take part in the rights issue held by PT Bank Woori Saudara 1906 Tbk (SDRA).
Samindo Resources took an 83% stake in Transkon Jaya (TRJA) after purchasing 148 million shares
26 Feb 2024 15:30
PT Samindo Resources Tbk, the company that owns the majority of PT Transkon Jaya Tbk (TRJA), increased its hold on this car rental issuer by acquiring an additional 148.09 million shares. As a result of this deal, which was carried out by PT Mirae Asset Sekuritas Indonesia, Samindo's ownership percentage rose from 74% to 83.81%. Additionally, PT Ramayana Lestari Sentosa Tbk (RALS), the issuer that runs supermarkets and department stores, commenced another share buyback, this time for 3.70 million shares.
Jhon Veter now owns 5.11% of Pulau Subur (PTPS) after purchasing 110 million shares
26 Feb 2024 14:53
On Wednesday, February 21, individual investor Jhon Veter Firdaus Reagan acquired 110.82 million PT Pulau Subur Tbk (PTPS) shares. With this purchase, he immediately controls 5.11% of the issuer in the palm oil industry. The securities company facilitating this transaction was PT Ciptadana Sekuritas Asia.
ASGR pocketed IDR 141 billion in profit
26 Feb 2024 14:23
PT Astra Graphia Tbk's (ASGR) profit soared 45% to IDR 141 billion throughout 2023 from its profit in 2022 of IDR 97.07 billion. The increase in profit was driven by revenue growth and financial income.
Foreign buying volume hits 2.86 billion shares; net foreign volume is 418.49 million shares surplus
26 Feb 2024 13:42
On Thursday, February 22, share purchases by foreign investors resulted in a foreign purchase volume of 2.86 billion shares. Meanwhile, foreign sales volume was only 2.44 billion shares, which then generated a net foreign volume of 418.49 million shares. On the top buy list, shares of the energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) ranked first after 248.42 million shares were purchased, for a net volume of 230.35 million.
Hexindo Adiperkasa booked 25.3% growth, profit rose to USD 43.8 million
26 Feb 2024 11:23
PT Hexindo Adiperkasa Tbk (HEXA), a heavy equipment trading and rental company, scored net profit of USD 43.8 million in 2023, increasing 25.3% year-on-year (yoy).
Setting up an LNG station, CGAS invests IDR 161.5 billion
26 Feb 2024 11:12
PT Citra Nusantara Gemilang Tbk (CGAS) will put in investment worth IDR 161.5 billion to build an LNG station with a capacity of 1.5 million standard cubic feet per day (MMSCFD).
IFG to acquire 70% of Mandiri Inhealth from Bank Mandiri and Kimia Farma
26 Feb 2024 11:05
PT Bank Mandiri (Persero) Tbk (BMRI) and PT Kimia Farma Tbk (KAEF) officially divested their portions in PT Asuransi Jiwa Inhealth Indonesia (Mandiri Inhealth), equal to 70%, to PT Asuransi Jiwa IFG (IFG Life).
GIAA to be consolidated to InJourney
26 Feb 2024 10:42
The Ministry of State-Owned Enterprises (SOEs) is known to review the plan of incorporating PT Garuda Indonesia (Persero) Tbk (GIAA), as a subsidiary, to PT Aviasi Pariwisata Indonesia (InJourney), a state-owned holding in the aviation and tourism sector.
AKRA to prepare several strategies to boost 2024 performance
26 Feb 2024 10:22
PT AKR Corporindo Tbk (AKRA), an oil and gas distributor company with the highest market capitalisation, has set up several strategies to further bolster its business performance this year.
