Preparing a buyback, SCNP to allocate IDR 50 billion
20 Mar 2024 11:22
PT Selaras Citra Nusantara Perkasa Tbk (SCNP) is budgeting IDR 50 billion for a buyback of a maximum 250 million shares or 10% of its total issued and paid-up capital.
VKTR and Pertamina establish joint venture for electric vehicle business
19 Mar 2024 19:17
PT VKTR Teknologi Mobilitas Tbk (VKTR) has signed a partnership with PT Pertamina Power Indonesia (PPI), a subsidiary of PT Pertamina (Persero).
FREN suffers loss, despite increase in revenue
19 Mar 2024 17:57
PT Smartfren Telecom Tbk (FREN) recorded a loss of IDR 599.63 billion in 2023, even though its revenue increased by 4.13%. In 2022, the company recorded a profit of IDR 1.64 trillion.
SONA reaches top gainers at closing bell
19 Mar 2024 17:50
Shares of PT Sona Topas Tourism Industry Tbk (SONA) jumped 25% until the closing bell and reached Top Gainers on Tuesday (19/3).
In time of Ramadhan, AXA Mandiri launches Amanah Syariah Protection Insurance
19 Mar 2024 17:49
AXA Mandiri introduces its latest protection insurance product in sharia line, Amanah Syariah Protection Insurance.
INKP to issue US$ 25 million bonds
19 Mar 2024 17:17
PT Indah Kiat Pulp & Paper Tbk (INKP) will issue Shelf Registration USD Bonds I Phase III 2024 amounting to US$ 25 million on April 1, 2024.
APEX bags US$13.7 million contract from Pertamina
19 Mar 2024 15:47
PT Apexindo Pratama Duta Tbk (APEX), a coal and oil and gas support services company, has obtained a marine drilling contract from PT Pertamina Hulu Kalimantan Timur (PHKT).
SOE Insurance Holding, IFG, aims for market leader position
19 Mar 2024 15:25
Indonesia Financial Group (IFG), a holding of state-owned enterprises (SOEs) in the fields of insurance, guarantee and investment, targets to become market leaders in the general insurance industry
Over 1 billion Gojek Tokopedia shares are traded; net foreign volume closed at minus 118.39 million shares
19 Mar 2024 14:33
On Monday, March 18, foreign investors sold 1.36 billion shares and purchased 1.13 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), bringing the net volume to -228.09 million shares. The amount of this transaction contributed to a foreign buying volume of around 2.87 billion shares and a foreign selling volume of 2.99 billion shares. As a result, net foreign volume closed at -118.39 million shares.
UBS AG Hong Kong has invested 9.06 billion shares in Bukalapak.com (BUKA)
19 Mar 2024 14:23
On Thursday, March 14, PT Bukalapak.com Tbk (BUKA), an online shopping platform, welcomed a new foreign investor. Through BUT Deutsche Bank AG, the foreign investor known as UBS AG Hong Kong Non-Treaty Omnibus Account - 2052034005 recently purchased 9.06 billion BUKA shares, or roughly 8.79% of the stakes.