MBMA to channel USD 200 million financing facility to subsidiary
19 Nov 2024 10:30
PT Merdeka Battery Materials Tbk (MBMA) has signed a financing facility with PT Merdeka Tsingshan Indonesia (MTI) worth up to USD 200 million.
ADHI saw 194% profit surge
19 Nov 2024 09:49
Although the revenue slipped 19.97% year-on-year (yoy), PT Adhi Karya (Persero) Tbk (ADHI) reported profit soaring 194.51% yoy in Q3 2024 to IDR 69.32 billion from IDR 23.53 billion in the same period last year.
Robby Adijaya joins Ginting Jaya Energi (WOWS) as new 5% shareholder
18 Nov 2024 19:58
Robby Adijaya, an investor, acquired shares in PT Ginting Jaya Energi Tbk (WOWS) on Thursday, November 14. With a 5.11% stake, this individual investor purchased 126.56 million shares through PT Trimegah Sekuritas Indonesia Tbk and four additional securities firms. WOWS is an oil and gas contractor with a focus on procurement and rig services.
In need of extra cash, APLN to divest Pullman Ciawi
18 Nov 2024 18:11
PT Putra Adhi Prima (PAP), a subsidiary of PT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow.
LEAD to pay USD 20 million loan
18 Nov 2024 16:03
PT Logindo Samuderamakmur Tbk (LEAD) will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each.
Metrodata next year: flourishing?
18 Nov 2024 16:00
President Director of PT Metrodata Electronic Tbk (MTDL), Susanto Djaja, also notices the weakened purchase power of the masses.
Triputra Agro Persada bags dividend income of IDR 586.17 billion from subsidiary
18 Nov 2024 15:55
PT Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation, has secured dividend income from one of its subsidiaries, PT Agro Multi Persada (AMP).
Winfly increases stake in Bank MNC International (BABP) by 256 million shares
18 Nov 2024 15:28
On Wednesday, November 13, Winfly Ltd., a foreign investor, increased its stake in PT Bank MNC Internasional Tbk (BABP), a banking company owned by the MNC Group. This investor previously owned 10% of the shares; however, after purchasing 256.35 million shares through PT MNC Sekuritas, its share portion increased to 10.59%. PT MNC Sekuritas, still a member of the MNC Group, acquired 34.56 million shares of PT MNC Land Tbk (KPIG), an issuer in the resort and hotel development and management sector, holding a 14.82% ownership stake.
Foreign sell volume soars, net foreign volume closed at -843.06 million shares
18 Nov 2024 15:06
On Friday, November 15, foreign sell volume reached 4.67 billion shares. The high number was due to the sale of two shares that exceeded 1 billion shares each: shares of the coal mining company PT Bumi Resources Tbk (BUMI) (1.38 billion shares) with a net volume of -745.97 million shares and shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) (1.30 billion shares) with a net volume of -326.89 million shares. Moreover, foreign buy volume was 3.83 billion shares, with net foreign volume closing at -843.06 million shares.
Gerbangmas Tunggal Sejahtera owns 9% of Smartfren (FREN)
18 Nov 2024 15:01
On Tuesday, November 12, investor PT Gerbangmas Tunggal Sejahtera made the decision to invest in PT Smartfren Telecom Tbk (FREN), a telecommunications company. Through PT Sinarmas Sekuritas, 44.65 billion FREN shares were acquired, giving this investor direct control over approximately 9.37% of the shares.
