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Credit Suisse AG Singapore Trust purchased 6 billion Bumi Teknokultura Unggul shares

16 Jan 2023 08:19

Credit Suisse AG Singapore Trust purchased a total of 6,028,042,231 shares of PT Bumi Teknokultura Unggul Tbk (BTEK) on Tuesday, January 10. The Singaporean investor is a new shareholder who immediately owns 13.03 percent of this wood supplier and processing company. Nonetheless, Golden Harvest Cocoa Ltd., another foreign investor based in the British Virgin Islands, sold 5,591,266,231 shares of BTEK, reducing its ownership by 12% to 29.51%.

Credit Suisse AG Singapore Trust purchased 6 billion Bumi Teknokultura Unggul shares

Divesting factory for IDR 275 billion, NPGF to pay off loans

16 Jan 2023 06:24

PT Nusa Palapa Gemilang Tbk (NPGF) will pay off its outstanding loan after divesting its land and building in Sidoarjo, East Java.

Divesting factory for IDR 275 billion, NPGF to pay off loans

Economy recovers, Astra scores highest car sales since pandemic

16 Jan 2023 05:15

PT Astra International Tbk (ASII) managed to record the highest number of car sales since the COVID-19 pandemic hit in 2020, boasting sales growth of 17.4%.

Economy recovers, Astra scores highest car sales since pandemic

ADHI still holds IDR 105 billion of capex

13 Jan 2023 20:20

PT Adhi Karya (Persero) Tbk (ADHI) still has IDR 105 billion of capital expenditure (capex) in its possession for investment, which results from the issuance of the Shelf-Registration Bonds II Phase II of 2021.

ADHI still holds IDR 105 billion of capex

Faced with high interest rate, gov't readies state expenditure

13 Jan 2023 19:57

The government has set the state expenditure budget to IDR 3,000 trillion, which will be optimised to support businesses to deal with high interest rates.

Faced with high interest rate, gov't readies state expenditure

Bank India Indonesia eyes IDR 2.38 trillion in rights issue

13 Jan 2023 18:58

PT Bank of India Indonesia Tbk (BSWD) aims to raise IDR 2.38 trillion of fresh funds in its fifth rights issue that will take place from March 14 to 20, 2023.

Bank India Indonesia eyes IDR 2.38 trillion in rights issue

Mayapada Hospital to channel IDR 213.93 billion to subsidiaries

13 Jan 2023 17:35

PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the managing company of Mayapada Hospital, realises IDR 213.93 billion of the total proceeds of the issuance of Bonds I 2022 of IDR 950 billion.

Mayapada Hospital to channel IDR 213.93 billion to subsidiaries

Investment plans to see increases in Q1 2023

13 Jan 2023 17:19

The Business Survey of Bank Indonesia (BI) indicates that investment plans in Q1 2023 will rise above Q2 2022.

Investment plans to see increases in Q1 2023

Most local companies to give employees raise

13 Jan 2023 15:57

Approximately 82% companies in Indonesia will give their employees a salary raise in 2023, according to Salary Survey 2023 that is published by Robert Walters, a recruitment agency.

Most local companies to give employees raise

Gov't to auction SUN, eyeing IDR 23 trillion this time

13 Jan 2023 15:32

The Indonesian government plans to hold another auction of Government Securities (lit. Surat Utang Negara/SUN) with an indicative target of IDR 23 trillion next Tuesday (17/1).

Gov't to auction SUN, eyeing IDR 23 trillion this time