East Ventures to lead USD 3.5 million funding for Mesh Bio
30 Jan 2024 10:00
East Ventures, a capital venture that has been quite generous to Indonesian start-ups, is reportedly leading series A funding worth USD 3.5 million for Mesh Bio.
Waskita Karya to sell 25% of Trans Jabar Tol to SMI
30 Jan 2024 09:16
PT Waskita Karya (Persero) Tbk (WSKT), a state-owned construction company, has divested 25% of its shares in PT Trans Jabar Tol (TJT) and transferred it to PT Sarana Multi Infrastruktur (SMI).
Harum Energy spent USD 215.22 million for nickel smelter acquisition
30 Jan 2024 08:49
PT Harum Energy Tbk (HRUM), a coal mining company owned by the magnate, Kiki Barki, has acquired shares of a nickel processing and refinery company, PT Westrong Metal Industry (WMI).
Swarmed by young investors, capital market’s assets still in the hand of veterans
29 Jan 2024 16:53
The number of investors in the capital market of Indonesia has reportedly increased 18.01% in 2023, thanks to retail investors’ growing interest, according to the data from Indonesia Central Security Depository (KSEI).
Paradise Indonesia eyes 20%-30% growth in 2024
29 Jan 2024 16:47
After scoring significant increase in its performance in 2023, PT Indonesian Paradise Property Tbk (INPP), a property developer and manager, now aims to score performance growth of 20%-30% this year.
Century Textile’s loss nearly doubled in 2023
29 Jan 2024 16:17
PT Century Textile Industry Tbk (CNTX), a textile manufacturer established in 1970, booked another loss of USD 4.04 million in 2023.
Supreme Court denied Greylag Goose Leasing’s cassation appeal
29 Jan 2024 15:35
Supreme Court has denied the cassation appealed by Greylag Goose Leasing 1410 and 1446 Designated Activity regarding the cancellation of homologated peace agreement with PT Garuda Indonesia (Persero) Tbk (GIAA).
Foreign buying volume drops: net foreign volume closes at minus 442 million shares
29 Jan 2024 15:34
On Friday, January 26, foreign buying volume fell to 1.67 billion shares, down from the previous day. Meanwhile, foreign selling volume hit 2.11 billion shares, sending net foreign returns into the red zone at around -442.48 million shares. Foreign investors sold the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling 441.55 million shares with a net volume of -242.56 million.
Bersama Digital buys 1 billion shares of Tower Bersama Infrastructure (TBIG)
29 Jan 2024 15:31
The controlling shareholder of Bersama Digital Infrastructure Asia Pte Ltd. (BDIA) purchased 1 billion shares of PT Tower Bersama Infrastructure Tbk (TBIG) on Wednesday, January 24. This share acquisition transaction brings BDIA's holding percentage in the telecommunications infrastructure provider company to 79.75%.
Foreign investors acquire many Buana Lintas Lautan (BULL) shares, with a net foreign surplus of 90 million shares
29 Jan 2024 15:28
Foreign investors purchased 153.82 million shares of PT Buana Lintas Lautan Tbk (BULL), which operates in the local and international shipping sectors, on Thursday, January 25, for a net volume of 81.73 million shares. This share transaction also contributed to the net foreign volume surplus of 90.43 million shares. The recorded foreign buying volume was 2.14 billion shares, while the foreign selling volume was 2.05 billion shares.
