Gov’t eyes IDR 14 trillion in SUN auction next week
01 Sep 2023 10:48
The Indonesian Government will hold an auction of Government Securities (SUN) on next Tuesday (5/9), aiming for an indicative target of IDR 14 trillion.
INKP to drop 2 inactive subsidiaries
01 Sep 2023 10:37
PT Indah Kiat Pulp & Paper Tbk (INKP), a pulp and paper company under Sinarmas Group, has liquidated two of its inactive subsidiaries.
ALDO to sell off 22.99 million treasury shares
01 Sep 2023 10:24
PT Alkindo Naratama Tbk (ALDO) plans to transfer 22.99 million units of its treasury stock to PT Pabrik Kertas Noree Indonesia (PKNI) and PT Ardana Investama Indonesia (AII).
Designing superblock in Semarang, Pakuwon Jati to acquire land for IDR 302.8 billion
31 Aug 2023 19:49
PT Pakuwon Jati Tbk (PWON), a property and real estate company, has acquired a piece of land for IDR 302.8 billion in Semarang, which will be developed into a superblock area.
MITI’s subsidiary to obtain IDR 47 billion worth of contracts
31 Aug 2023 16:29
PT Wasesa Line (WL), a subsidiary of PT Mitra Investindo Tbk (MITI), secures a procurement contract for tugboat and drill pipe barge worth DIR 47 billion from PT Pertamina Hulu Kalimantan (PHKT).
Armada Berjaya Trans to channel IDR 1.3 trillion for subsidiary’s working capital
31 Aug 2023 15:08
PT Armada Berjaya Trans Tbk (JAYA), a common good transportation company, has channelled a loan facility worth IDR 1.3 billion to one of its subsidiaries.
Hebang enters JIIPE with AKRA, investing USD 800 million for plant
31 Aug 2023 15:01
Sichuan Hebang Biotechnology Co. Ltd., a chemical manufacturer based in China, will invest USD 800 million for plant construction in the Special Economic Zone of Java Integrated Industrial and Port Estate (JIIPE) in East Java.
Concluding session I, JCI slowed down
31 Aug 2023 13:44
Jakarta Composite Index (JCI) was corrected to red zone until the closing on Thursday’s (31/8) first session.
Ceramic market still idle, ARNA revises 2023 profit target to IDR 444 billion
31 Aug 2023 10:55
After reporting consecutive decreases in its performance in Q1 and Q2 this year, PT Arwana Citramulia Tbk (ARNA) sets up realistic target and lowers the profit target to IDR 444 billion.
Incoming bids reached IDR 21.28 trillion at state sukuk auction
31 Aug 2023 10:27
The total incoming bids recorded in the auction of Government Sharia Securities (SBSN) on August 29, 2023, were recorded at IDR 21.28 trillion.
