Latest News

IMR Asia receives a 361 million-share transfer of Fortune Indonesia (FORU) from Karya Citra

14 Mar 2024 20:05

Up to 361.50 million shares of PT Fortune Indonesia Tbk (FORU) were transferred from PT Karya Citra Prima, the company's controlling shareholder, to IMR Asia Holding Pte Ltd, a foreign investor, on Thursday, March 7. Karya Cipta's ownership has drastically decreased from 89.25% to 11.55%, while this new investor based in Singapore now controls 77.7% of the issuer providing marketing communications services. The two investors conducted stock trading transactions using the same security, PT CGS International Sekuritas Indonesia.

IMR Asia receives a 361 million-share transfer of Fortune Indonesia (FORU) from Karya Citra

Over 1 billion Gojek Tokopedia (GOTO) shares are sold; net foreign volume concludes at -261.88 million shares

14 Mar 2024 19:43

After being the most purchased stock in the previous trading days, shares of the digital business PT Gojek Tokopedia Tbk (GOTO) became the most sold by foreign investors on Wednesday, March 13, with up to 1.04 billion shares sold and a net volume of -252.10 million shares. This share sale contributed to an increase in the foreign sales volume of approximately 3.39 billion shares. Meanwhile, foreign buying volume was 3.13 billion shares, resulting in a net foreign volume of -261.88 million shares.

Over 1 billion Gojek Tokopedia (GOTO) shares are sold; net foreign volume concludes at -261.88 million shares

Fitch lower Pan Brothers’ rating again, now to Restricted Default

14 Mar 2024 17:01

Fitch Ratings has demoted long-term rating of PT Pan Brothers Tbk (PBRX) to ‘RD’ (Restricted Default) level from the previous ‘C.’

Fitch lower Pan Brothers’ rating again, now to Restricted Default

Cashlez Worldwide Indonesia to issue private placement of 143.11 million shares

14 Mar 2024 15:53

PT Cashlez Worldwide Indonesia Tbk (CASH) will initiate its capital raise without pre-emptive rights, or private placement, by issuing 143,112,551 new shares.

Cashlez Worldwide Indonesia to issue private placement of 143.11 million shares

Federal Finance to offer Bond of IDR 2 trillion

14 Mar 2024 15:45

PT Federal International Finance/FIF Group eyes extra working capital through the issuance of Bond Phase III Year 2024 worth IDR 2 trillion to expand its vehicle financing distribution

Federal Finance to offer Bond of IDR 2 trillion

DOID’s net profit soared 26% in 2023, went over USD 36 million

14 Mar 2024 15:20

PT Delta Dunia Makmur Tbk (DOID) booked net profit of USD 36 million throughout 2023, increasing 26% year-on-year (yoy) from the net profit in 2022.

DOID’s net profit soared 26% in 2023, went over USD 36 million

NCKL to offer 9.09% to potential investors

14 Mar 2024 14:34

PT Trimegah Bangun Persada Tbk (NCKL) offers 9.09% of its shares to potential investors via private placement.

NCKL to offer 9.09% to potential investors

After suffering losses, Diagnos to acquire DNA data company Asa Ren

14 Mar 2024 14:02

PT Diagnos Laboratorium Utama Tbk (DGNS) will acquire 97.97% of the shares of Asa Ren Pte. Ltd, an AI-based DNA data company registered in Singapore, with a transaction value estimated at IDR 357.89 billion.

After suffering losses, Diagnos to acquire DNA data company Asa Ren

Astra car sales up 9% in February to over 41.24 thousand units

14 Mar 2024 13:32

PT Astra International Tbk (ASII) booked wholesale of cars of 41,240 units in February 2024, up 9% from the previous month, recording 37,984 units.

Astra car sales up 9% in February to over 41.24 thousand units

Join INCO, MIND ID to own 34% stake after rights issue

14 Mar 2024 13:26

PT Mineral Industri Indonesia (Persero) (MIND ID) will become a joint controller with Vale Japan Limited (VCL) in PT Vale Indonesia Tbk (INCO) via a rights issue of 603.44 million shares.

Join INCO, MIND ID to own 34% stake after rights issue