Estee Gold Feet to set up interim dividend of IDR 12.23 billion
25 Jan 2024 06:49
PT Estee Gold Feet Tbk (EURO), a cosmetic manufacturer established in 1978, is scheduling an interim dividend distribution of IDR 12.23 billion.
Smartfren to hold rights issue of 171.45 million shares, eyeing IDR 8.57 billion
25 Jan 2024 06:42
PT Smartfren Telecom Tbk (FREN), a telecommunication company under Sinarmas Group, will issue the capital increase with preemptive rights, also known as rights issue.
Bank OCBC NISP targets Bank Commonwealth acquisition to be completed in May 2024
24 Jan 2024 21:11
PT Bank OCBC NISP Tbk (NISP) has obtained approval from the Financial Services Authority (OJK) regarding the plan to acquire shares in PT Bank Commonwealth.
Foreign selling volume is getting higher; net foreign volume closes at minus 300 million shares
24 Jan 2024 20:11
On Tuesday, January 23, foreign sales volume surged again, reaching around 2.25 billion shares. Meanwhile, foreign investors' share purchases resulted in a foreign purchase volume of just 1.95 billion shares, resulting in net foreign shares of -300.89 million. PT GoTo Gojek Tokopedia Tbk (GOTO) shares remained the most sold by foreign investors, with around 403.42 million shares sold and a net volume of -111.75 million shares.
Commissioners and directors buy shares of Panorama Sentrawisata (PANR)
24 Jan 2024 20:06
On Friday, January 19, the board of commissioners and directors of the tourism consulting services company PT Panorama Sentrawisata Tbk (PANR) participated in buying PANR shares. Commissioner Dharmayanto Tirtawisata bought 69.24 million shares of PANR, followed by the main commissioner, Satrijanto Tirtawisata, who purchased 14.65 million shares of the same company. Not only that, both the main director and deputy main director, Budijanto Tirtawisata and Ramajanto Tirtawisata, continued to purchase 11.71 million and 11.32 million PANR shares, respectively. In contrast, PT Panorama Tirta Anugerah's share ownership percentage changed as a result of their absence in the PANR's rights issue, as it now dropped from 47.38% to 44.68%.
Foreign sales of 377 million Gojek Tokopedia shares resulted in a net foreign of -296.46 million shares
24 Jan 2024 19:50
Foreign investors sold 377.28 million shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) on Monday, January 22, for a net volume of -168.40 million shares. This sale had a substantial impact on foreign sales volume, which totalled 2.08 billion shares. With a foreign purchase volume of only about 1.78 billion shares, net foreign fell to -296.46 million shares.
Two foreign investors lost some ownership by abstaining from the Bank Mayapada (MAYA) rights issue
24 Jan 2024 19:47
PT Bank Mayapada Internasional Tbk (MAYA) holds a right offering from January 15 to January 19, 2024, with a projected fundraise of 4 trillion Rupiah. Two MAYA foreign investors decided not to participate in this corporate action, so their ownership decreased on Thursday, January 18. The stakes of JPMCB NA RE-Cathay Life Insurance Co., Ltd., based in Taiwan, dropped from 18.85% to 12.46%. This was followed by Galasco Investment Limited, whose shares fell from 12.44% to 8.22%.
A decline in foreign buys resulted in a net foreign volume of -126 million shares
24 Jan 2024 19:46
Foreign buy volume decreased on Friday, January 19, with approximately 1.73 billion shares. Meanwhile, foreign investors generated foreign sales of 1.86 billion shares, resulting in a net foreign volume of -126.15 million.
Energy Battery Indonesia becomes the new controlling shareholder of Adhi Kartiko Pratama (NICE)
24 Jan 2024 19:42
On Tuesday, January 16, PT Energy Battery Indonesia (EBI) officially became the new majority stakeholder of the nickel mining business PT Adhi Kartiko Pratama Tbk (NICE). EBI became the new controller of NICE after being appointed by LX International Corp. to carry out a share takeover, and it now holds 3.64 billion shares of NICE, which equals to 60% ownership.
Garibaldi Thohir vocal in supporting presidential candidate, ADRO got corrected
24 Jan 2024 16:26
Shares of PT Adaro Energy Indonesia Tbk (ADRO) were corrected for the past two days since Garibaldi Thohir, its president director, declared his support to Presidential Candidates 02, Prabowo Subianto-Gibran Rakabuming Raka, earlier this week (21/1).
