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Asia Intrainvesta acquired 520 million shares of Hassan Boga (NAYZ)

14 Feb 2024 15:11

A share purchase transaction was carried out on Tuesday, February 6, transferring 520 million shares of PT Hassana Boga Sejahtera Tbk (NAYZ), the company that makes baby food, to PT Asia Intrainvesta. With this deal, Asia Intrainvesta's holdings of NAYZ shares, which it had previously held in excess of 720 million, increased by approximately 20% to 48.63%. A different shareholder, PT Hassana Investa Utama, relinquished control of these shares, and as a result, its ownership percentage dropped to 7.84%. The two investors went through PT Indo Capital Sekuritas, a securities company, for these transactions.

Asia Intrainvesta acquired 520 million shares of Hassan Boga (NAYZ)

Loans surpass IDR 9 trillion, Bank IBK Indonesia profit soars 80%

13 Feb 2024 18:28

PT Bank IBK Indonesia Tbk (AGRS), the bank resulting from the merger between PT Bank Agris Tbk and PT Bank Mitraniaga Tbk, recorded a net profit of IDR 187 billion by the end of 2023.

Loans surpass IDR 9 trillion, Bank IBK Indonesia profit soars 80%

KAI obtains US$ 448.07 million loan from China Development Bank

13 Feb 2024 15:45

PT Kereta Api Indonesia (Persero) has obtained a total loan facility of US$ 448.07 million from China Development Bank to finance the cost overrun of the Jakarta-Bandung high-speed train project.

KAI obtains US$ 448.07 million loan from China Development Bank

Joining INA, Thomas Oentoro resigns from Garuda

13 Feb 2024 14:56

Thomas Oentoro resigned as Independent Commissioner of PT Garuda Indonesia (Persero) Tbk (GIAA) effective Thursday (15/2).

Joining INA, Thomas Oentoro resigns from Garuda

Sido Muncul to sign stillage waste sale and purchase contract of IDR 12.78 billion per year

13 Feb 2024 14:44

PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), one of the oldest pharmaceutical companies in Indonesia, has carried out an affiliate transaction in the form of sale and purchase of stillage waste, involving two subsidiaries, PT Semarang Herbal Indo Plant (SHIP) and PT Sido Muncul Pupuk Nusantara (SMPN).

Sido Muncul to sign stillage waste sale and purchase contract of IDR 12.78 billion per year

Share price declines 34.58%, Blooming Years increased its investment in BABY

13 Feb 2024 14:34

Blooming Years Pte Ltd added a 1.45% stake in PT Multitrend Indo Tbk (BABY) in a gradual transaction starting in early February 2024.

Share price declines 34.58%, Blooming Years increased its investment in BABY

SGMC VCC to divest 78.73 million of AWAN’s shares

13 Feb 2024 12:19

SGMC VCC, a venture capital based in Singapore, has divested 78.73 million shares of PT Era Digital Media Tbk (AWAN).

SGMC VCC to divest 78.73 million of AWAN’s shares

BTN saw 14.95% increase in profit, reaching IDR 3.5 trillion

13 Feb 2024 11:46

PT Bank Tabungan Negara (Persero) Tbk (BBTN) booked current year’s net profit of IDR 3.5 trillion in 2023, 14.95% higher than IDR 3.04 trillion in 2022.

BTN saw 14.95% increase in profit, reaching IDR 3.5 trillion

SUN auction recorded incoming bids of IDR 52.63 trillion

13 Feb 2024 10:23

The amount of incoming bids submitted for the Government Securities (SUN) yesterday (12/2) reached IDR 52.63 trillion.

SUN auction recorded incoming bids of IDR 52.63 trillion

KIJA to aim for IDR 2,5 trillion of marketing sales in 2024

13 Feb 2024 10:18

PT Kawasan Industri Jababeka Tbk (KIJA) sets the marketing sales target to IDR 2.5 trillion in 2024.

KIJA to aim for IDR 2,5 trillion of marketing sales in 2024