Improving services, JAYA to acquire 7 CDD box trucks
20 Dec 2023 16:17
PT Armada Berjaya Trans Tbk (JAYA) acquires 7 more of its colt diesel double (CDD) box trucks to enhance its service quality for its consumers.
Adhi Kartiko Pratama offers 1.21 billion shares in IPO
20 Dec 2023 16:14
PT Adhi Kartiko Pratama Tbk (NICE), a nickel ore mining company, will begin its initial public offering (IPO) of 1.21 billion shares in Indonesia Stock Exchange (IDX).
EGMS approves META’s go-private plan, setting price to IDR 250 per share
20 Dec 2023 15:57
Extraordinary General Meeting of Shareholders of PT Nusantara Infrastructure Tbk (META) on December 19, 2023, agreed upon the plan to change the company’s status from a public company to a private company, and will soon set up a tender offer of IDR 250 per share.
Setting capex to IDR 320 billion, IRRA to branch out to durable medical devices
20 Dec 2023 15:21
After COVID-19 crisis subsides, PT Itama Ranoraya Tbk (IRRA) tries to keep its business afloat by expanding into durable medical devices, which are projected to generate stable income in the long run.
Staying realistic, PTPP only eyes 5% growth in 2024
20 Dec 2023 13:47
PT PP (Persero) Tbk (PTPP) sets a moderate target in its new contract growth for 2024, only approximately 5% compared to the numbers obtained in 2023.
AGII secures syndicated loan from 4 banks
20 Dec 2023 12:21
A gas company, PT Samator Indo Gas Tbk (AGII) acquires a syndicated loan from 4 banks worth IDR 4.6 trillion. This loan is set to a tenor of 84 month or 7 years, and consists of 4 types of facilities that will be used for refinancing and business expansion.
Duta Pertiwi’s shares in Intitirta Primasakti diluted 31.68%
20 Dec 2023 12:12
Ownership of PT Duta Pertiwi Nusantara Tbk (DPNS) over shares of PT Intitirta Primasakti (IP) is diluted 31.68%, shrinking from 67.10% to 35.42%.
Creditors approve restructuring of MTN WKR III 2022
20 Dec 2023 11:41
PT Waskita Karya Realty (WKR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), is restructuring Medium Term Notes III Year 2022 worth IDR 475 billion.
Subsidiaries dragging PTPP down, profit declined
20 Dec 2023 11:15
PT PP Properti (Persero) Tbk (PTPP), a state-owned construction company, reveals the reason behind its profit slippage despite its confidence in its revenue performance.
MIDI to open 450 new stores next year
20 Dec 2023 11:13
PT Midi Utama Indonesia Tbk (MIDI) sets up capital expenditure (capex) budget of IDR 1.4 trillion in 2024. This capex will be used to establish 450 new Alfamidi and Lawson outlets.
