Deficit in equity, MDRN to ask for extra capital
12 Jan 2023 08:15
PT Modern Internasional Tbk (MDRN) seeks loans to gain extra working capital, planning to submit a guarantee of over 50% of the company's assets.
Banks to recalculate RWA based on Basel III Reforms
12 Jan 2023 07:26
Banks are mandated to recalculate risk-weighted assets (RWA) and adjust them according to Basel III Reforms starting January 1, 2024.
LPKR to secure IDR 6 trillion loans to pay off senior bonds
12 Jan 2023 06:23
PT Lippo Karawaci Tbk (LPKR) will secure a jumbo loan worth IDR 6 trillion, which will be used to pay off some of senior bonds that will mature in 2025 and 2026.
Motorcycle sales hit 5.2 million units in 2022
11 Jan 2023 18:45
Indonesian Motorcycle Industry Association recorded motorcycle sales in the domestic market throughout 2022 of 5.2 million units, surpassing the initial target set by the association.
Pakuwon Jati to set capex budget to IDR 2.4 trillion this year
11 Jan 2023 17:51
PT Pakuwon Jati Tbk (PWON) is currently preparing IDR 2.4 trillion of capital expenditure (capex) this year.
Len Industri suspected of collusion of railway signal project
11 Jan 2023 15:55
PT Len Industri (Persero) and five other parties are reportedly sued for alleged collusion regarding the tender offer of electrical signal system for the double-track Bogor-Cicurug railway.
Mitra Investindo to realise rights issue proceeds
11 Jan 2023 15:24
PT Mitra Investindo Tbk (MITI) has realised IDR 178.63 billion of its rights issue proceeds of IDR 181.12 billion. As of now, the proceeds are down to IDR 634.55 million.
Four issuers acquired fresh investors
11 Jan 2023 13:55
On Thursday, January 5, four issuers saw the arrival of new investors with more than 5% ownership. First, PT Mega Manunggal Property Tbk (MMLP), a logistics property issuer, became a new investment instrument for UOB Kay Hian Pte Ltd, which directly purchased 1,259,737,600 shares for 18.29% ownership. This time, however, another foreign investor, Bridge Leed Limited, released 1,252,525,300 MMLP shares.
Finally, at 133 million shares, net foreign is positive
11 Jan 2023 13:47
Finally, on Friday, January 6, the net foreign trade volume revealed a surplus. The volume of foreign purchases, which totaled 1,47 billion shares, exceeded the volume of sales, resulting in a net volume of 133,071,100 shares. Interestingly, PT GoTo Gojek Tokopedia Tbk (GOTO) had the highest net volume with 255,916,000 shares after being purchased for 425,912,600 shares by foreign investors. In contrast, foreigners sold 130.86 million shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), resulting in the lowest net volume of minus 57.26 million shares.
Citra Buana to build 33 shophouses in Paskal Hyper Square
11 Jan 2023 13:15
PT Citra Buana Prasida Tbk (CBPE), a real estate developer, will build shophouses in Paskal Hyper Square, Bandung, using a Build-Operate-Transfer (BOT) scheme.
