Official, shareholders approve INAF’s 50%-of-assets guarantee
16 Jan 2024 10:27
The shareholders of PT Indofarma Tbk (INAF) has agreed upon the guarantee of over 50% of net assets of the company as a collateral for the company’s obligation.
Soechi Lines to convert subsidiary’s jumbo loans to equity
16 Jan 2024 10:18
PT Soechi Lines Tbk (SOCI), a sea transportation company under Soechi Group, has converted the debt of its subsidiary, PT Multi Ocean Shipyard (MOS), to equity.
Humpuss Maritim Internasional sets up capex of IDR 802.50 billion
16 Jan 2024 10:01
PT Humpuss Maritim Internasional Tbk (HUMI), an integrated maritime transportation and service provider, has allocated its capital expenditure (capex) for 2024 of IDR 802.5 billion.
Expanding business, UFOE spent IDR 4.5 billion of investment
15 Jan 2024 21:03
PT Damai Sejahtera Abadi Tbk (UFOE), a retail company for electronic appliances, has formed a new subsidiary in Tangerang, West Java.
Panorama Tirta now owns 47.51% of Panorama Sentrawisata (PANR) after taking part in the rights issue
15 Jan 2024 17:15
On Wednesday, January 10, the tourism services company PT Panorama Sentrawisata Tbk (PANR) issued another 187.50 million shares on the stock market as part of a rights issue.
An increase in foreign purchases brings net foreign volume back to the green zone
15 Jan 2024 17:03
Foreign buying volume increased to 2.25 billion shares on Thursday, January 11, which brought back the net foreign to the green zone at 238.97 million shares.
Bank Mayapada aims for IDR 4 trillion in rights issue
15 Jan 2024 16:57
PT Bank Mayapada Internasional Tbk (MAYA) seeks fresh funds of IDR 4 trillion through the capital increase with preemptive rights, also known as rights issue.
MYOH to arrange tender offer of TRIA’s shares at IDR 281 each
15 Jan 2024 16:27
PT Samindo Resources Tbk (MYOH), the controlling shareholder of PT Transkon Jaya Tbk (TRJA), will hold a mandatory tender offer of a maximum of 271.83 million shares or 18% of its total issued and paid-up capital.
ELPI to set capex to IDR 1 trillion to acquire 7 vessels
15 Jan 2024 16:11
PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has allocated capital expenditure (capex) of IDR 1 trillion to acquire 7 new vessels. These vessels will be utilised to support business and promote expansion of market share outside Indonesia.
Indicative target for Tuesday's SUN auction set between IDR 24 trillion to IDR 36 trillion
15 Jan 2024 15:03
The government sets an indicative target in the auction of Government Debt Securities (SUN) in rupiah currency on Tuesday (16/1/2024) of IDR 24 trillion to IDR 36 trillion. The auction is an effort to meet part of the 2024 APBN financing target.
