22 Feb 2024 09:52
PT Satu Visi Putra Tbk (VISI), a wholesale trading company for advertising and printing industry, has set the price of its initial public offering (IPO) of IDR 120 per share.
22 Feb 2024 08:45
PT IMG Sejahtera Langgeng (IMGSL), a subsidiary of PT Indomobil Sukses Internasional Tbk (IMAS), has signed a strategic partnership agreement with PT VKTR Teknologi Mobilitas Tbk (VKTR).
22 Feb 2024 07:14
The net profit of PT Indo Tambangraya Megah Tbk (ITMG) decreased 58.33% throughout 2023 compared to the same period in 2022. The decline of profit was driven by lower revenue.
22 Feb 2024 05:50
Banks with Core Capital over IDR 70 trillion or KBMI IV have insurance subsidiaries. Then, how huge is the contribution of insurance business in consolidated assets of jumbo banks?
21 Feb 2024 15:26
PT Bank CIMB Niaga Tbk (BNGA), the private bank with the third highest market capitalisation in Indonesia, booked net profit of IDR 6.55 trillion in 2023, increasing 28.5% year-on-year (yoy).
21 Feb 2024 14:58
PT Borneo Indobara (BIB) and PT Barasentosa Lestari (BSL), 2 subsidiaries owned by PT Golden Energy Mines Tbk (GEMS), has obtained a financing facility from Indonesia Eximbank of total USD 7.5 million.
21 Feb 2024 12:41
On Monday, February 19, PT Satya Mulia Gema Gemilang acquired 405.35 million shares of PT Polychem Indonesia Tbk (ADMG), a company that manufactures chemicals and polyester. This new investor received immediate control over 10.42% of the shares through this transaction, which was handled by PT Equity Sekuritas Indonesia. In addition, the department store issuer PT Ramayana Lestari Sentosa (RALS) initiated a further buyback action of 5.42 million shares, while PT Arthakencana Rayatama acquired 4.86 million shares of PT AKR Corporindo Tbk (AKRA), which distributes fuel.
21 Feb 2024 12:21
PT Asuransi Jasa Indonesia (Jasindo Insurance) became the risk management partner of Telkomsat's Merah Putih 2 Satellite, a subsidiary of PT Telkom Indonesia (Persero) Tbk (TLKM).
21 Feb 2024 11:37
PT Adhi Kartiko Pratama Tbk (NICE) and PT Multi Spunindo Jaya Tbk (MSJA) were seen rising after making its debut in Indonesia Stock Exchange (IDX).
21 Feb 2024 11:21
President of Republic of Indonesia, Joko Widodo (Jokowi), once again reshuffles its ministers by appointing 2 former personnels of Indonesian National Armed Forces (TNI) as Coordinating Minister of Political, Legal, and Security Affairs and Minister of Agrarian Affairs and Spatial Planning.
