Official, BTPN is now SMBC Indonesia
30 Aug 2024 11:10
Shareholders of PT Bank BTPN Tbk (BTPN) agreed upon the name change of the entity to PT Bank SMBC Indonesia Tbk.
AUTO to add 14 new Astra Otoservice outlets
30 Aug 2024 10:45
PT Astra Otoparts Tbk (AUTO) will add 14 Astra Otoservice outlets in the second half of 2024, which are expected to optimise service and its automotive spare part sales to consumers of AUTO.
H1 2024, MIKA used up 37.8% of its 2024 capex
30 Aug 2024 10:26
PT Mitra Keluarga Karyasehat Tbk (MIKA) allocates capital expenditure (capex) budget of IDR 1 trillion this year, but the realisation until H1 2024 only reached 37.9%.
Gov’t to hold another SUN auction next week, eyeing IDR 22 trillion
30 Aug 2024 08:14
The Indonesian government will hold an auction of Government Securities (SUN) next Tuesday (3/9) with an indicative target of IDR 22 trillion.
Jasa Armada Indonesia allocates capex of IDR 158 billion
29 Aug 2024 20:15
PT Jasa Armada Indonesia Tbk (IPCM) prepares IDR 158 billion for its capital expenditure this year, most of which will be channelled to new vessel acquisition.
RR Capital Group acquires 78 million shares of Panca Global Kapital (PEGE)
29 Aug 2024 17:35
Tuesday, August 27, saw the addition of 78.40 million shares of PT Panca Global Kapital Tbk (PEGE) by foreign investor RR Capital Group Pte Ltd. This Singaporean investor now owns about 21.81% of the shares, up from 19.04% previously. Additionally, PT Arthakencana Rayatama once again acquired 14.21 million shares in the fuel distributor PT AKR Corporindo Tbk (AKRA), bringing its total ownership of shares to approximately 14.59%.
Broke the records, yet JCI closed weak
29 Aug 2024 16:59
Despite the success in breaking another record at morning session, Jakarta Stock Price Composite Index (JCI) slipped at today’s (29/8) closing bell.
Bank Jago targets NIM to reach 7% at the end of 2024
29 Aug 2024 16:25
PT Bank Jago Tbk (ARTO) is targeting net interest margin in H2 2024 to arrive at 7%, relatively stable compared to 7.3% seen in H1 2024.
Gojek Tokopedia shares drives foreign volume plunges to -254.03 million shares
29 Aug 2024 16:22
Foreign investors sold the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling 714.39 million shares with a net volume of -328.42 million shares on Wednesday, August 28. These sales contributed to a rise in foreign sales volume, which totaled 2.44 billion shares. Meanwhile, the foreign buying volume was 2.18 billion shares, causing net foreign volume to drop to -254.03 million shares.
The Twinwood Family acquires one billion more shares, taking control over Sampoerna Agro (SGRO)
29 Aug 2024 16:19
On Monday, August 26, as many as 1.02 billion shares of PT Sampoerna Agro Tbk (SGRO) were added by foreign investor Twinwood Family Holdings SFO Limited to its portfolio. After the most recent deal, which was directed by PT Bank HSBC Indonesia, the investor from the United Arab Emirates, who had previously owned about 13.29% of the shares, saw its share portion soar to 69.68%. Currently, Twinwood holds a majority stake in this plantation company that runs both palm and non-palm plantations.
