At default risk, Waskita now faces PKPU claim
21 Feb 2023 10:29
PT Waskita Karya (Persero) Tbk (WSKT) is currently facing a Suspension of Debt Payment Obligation (PKPU) lawsuit filed by PT Megah Bangun Baja Semesta (MBBS).
Barito Pacific’s affiliate to debut, seeking IDR 371.8 billion in IPO
21 Feb 2023 10:13
PT Petrindo Jaya Kreasi Tbk (CUAN), a coal mining company affiliated with PT Barito Pacific Tbk (BRPT), plans to issue 1.69 billion shares in its initial public offering (IPO).
Buyback, Matahari Department Store to set aside IDR 1 trillion
21 Feb 2023 10:00
PT Matahari Department Store Tbk (LPPF) will conduct a shares buyback with a total budget of IDR 1 trillion.
BIPI to issue 5.79 billion shares in a private placement
21 Feb 2023 06:21
PT Astrindo Nusantara Infrastruktur Tbk (BIPI) seeks fresh funds in a private placement. The proceeds will be utilised for business expansion and working capital improvement.
Considered vulnerable to default, Pefindo lowered Waskita Karya's rating
20 Feb 2023 20:04
The Indonesian Securities Rating Agency (Pefindo) lowered the rating of PT Waskita Karya (Persero) Tbk (WSKT), because it was considered vulnerable to default on a number of its obligations.
Astra Agro Lestari to spare IDR 1.7 trillion for 2023 capex
20 Feb 2023 16:21
PT Astra Agro Lestari Tbk (AALI) has set the capital expenditure (capex) budget to IDR 1.5-1.7 trillion this year.
Pertamina Geothermal to set IPO price to IDR 875 per share
20 Feb 2023 15:58
PT Pertamina Gothermal Energy Tbk (PGEO) has decided the initial public offering (IPO) price, setting it to IDR 875 per share or right in the middle of the price range announced in the book building.
Govt and BI agree CPI inflation will be around 3% in 2023
20 Feb 2023 14:44
Consumer Price Index (CPI) inflation is agreed to be in the range of 3% ± 1% this year. The government and Bank Indonesia (BI) agreed on the CPI inflation level at the High Level Meeting of the TPIP Central Inflation Control Team (HLM), Monday (20/2).
Garibald Thohir to step down from MDKA’s BoC
20 Feb 2023 14:04
Garibaldi Thohir, one of shareholders of PT Merdeka Copper Gold Tbk (MDKA), has resigned from its commissioner position in said company.
ESSA’s profit proliferated 1,438% in 2022
20 Feb 2023 13:32
The performance of PT Surya Esa Perkasa Tbk (ESSA) skyrocketed, as seen through 141.6% year-on-year (yoy) revenue growth in 2022.
