Sompo Insurance Indonesia’s ownership shifts to Singapore
19 Feb 2024 18:08
Sompo Holdings (Asia) Pte. Ltd will become the new controlling shareholder of PT Sompo Insurance Indonesia.
Boosting pipe production, SUNI to add IDR 152.81 billion to subsidiary
19 Feb 2024 15:16
PT Sunindo Pratama Tbk (SUNI) has invested IDR 152.81 billion in its subsidiary, PT Rainbow Tubulars Manufacture (RTM), in order to enhance its steel and iron pipe production capacity.
Divesting portions in NSSS, Resources Fortune rakes in IDR 84.12 billion
19 Feb 2024 15:04
Resources Fortune Ltd (RF) secured IDR 84.12 billion after divesting 467.36 million of its shares in PT Nusantara Sawit Sejahtera Tbk (NSSS) last week (15/2).
WSKT Realty restructures IDR 19 billion debt
19 Feb 2024 13:56
PT Waskita Karya Realty (WSKT Realty), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), restructured its debt as much as IDR 19 billion. The restructuring agreement took place last week (12/2).
Vale Indonesia share divestment agreed at IDR3,750 per share
19 Feb 2024 12:39
The Ministry of Energy and Mineral Resources (ESDM) said that the divestment plan of PT Vale Indonesia Tbk (INCO) shares owned by Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. (SMM) to MIND ID, has reached a price agreement.
Empowering its agents, Manulife Indonesia holds Manulife Pro 2024
19 Feb 2024 12:28
Manulife Indonesia, one of most renowned insurance companies in Indonesia, kicks off Manulife Pro 2024, an annual recognition program held for high-performing Life Planners of Manulife across Indonesia.
Polytama Propindo to hold series A sukuk buyback worth IDR 104 billion
19 Feb 2024 12:12
PT Polytama Propindo (PLTM) will carry out the buyback of Sukuk Ijarah II Year 2021 Series A with a total principal of IDR 104 billion.
Newton Capital to take over BNGA loan in NETV
19 Feb 2024 10:51
Newton Capital Ltd is taking over the syndicated loan from PT Bank CIMB Niaga Tbk (BNGA) and PT Bank Artha Graha Internasional Tbk (INPC) in PT Net Mediatama Televisi, a subsidiary of PT Net Visi Media Tbk (NETV).
Cemindo Gemilang to inject capital to cement company in Madagascar
19 Feb 2024 10:51
PT Cemindo Gemilang Tbk (CMNT), through one of its subsidiaries, Cemindo Investments Pte. Ltd. (CIPL), has indirectly placed an investment in Alpha Ciment SA, a cement manufacturer from Madagascar.
CSRA to sign credit facility of IDR 390 billion from Bank Mandiri
19 Feb 2024 10:30
PT Cisadane Sawit Raya Tbk (CSRA), an issuer engaged in the agriculture sector, has signed the credit facility worth IDR 390 billion from PT Bank Mandiri (Persero) Tbk (BMRI).
