Latest News

2 billion Gojek Tokopedia shares sold, net foreign volume falls to -564.91 million shares

23 Aug 2024 10:23

On Wednesday, August 21, foreign investors sold the most shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling around 2.04 billion shares with a net volume of -886.48 million shares. This contributed to an increase in the foreign sales volume, which topped 3.71 billion shares. Meanwhile, foreign buying volume was only 3.14 billion shares, bringing net foreign volume down to -564.91 million shares.

2 billion Gojek Tokopedia shares sold, net foreign volume falls to -564.91 million shares

First half saw ITMG’s profit plummeting 56%

23 Aug 2024 10:21

The performance of PT Indo Tambangraya Megah Tbk (ITMG) was being constrained in the first half (H1) of 2024 compared to H1 2023.

First half saw ITMG’s profit plummeting 56%

GEMS saw 5% correction in net profit in H1 2024

23 Aug 2024 10:10

PT Golden Energy Mines Tbk (GEMS), a trading and mining company under Sinarmas Group, recorded net profit of USD 316.9 billion in the first half (H1) of 2024.

GEMS saw 5% correction in net profit in H1 2024

Iforte to set up MTO for IBST’s shares, setting price to IDR 4,067 per share

23 Aug 2024 09:34

PT Iforte Solusi Infotek, the new controller of PT Inti Bangun Sejahtera Tbk (IBST) will conduct a mandatory tender offer for 133.61 million shares or 9.89% of total issued and paid-up capital of IBST.

Iforte to set up MTO for IBST’s shares, setting price to IDR 4,067 per share

Bank Raya Indonesia secures shareholders’ approval for buyback of IDR 20 billion

23 Aug 2024 09:16

PT Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has secured approval from shareholders to conduct a shares buyback.

Bank Raya Indonesia secures shareholders’ approval for buyback of IDR 20 billion

RMKE to distribute loan of IDR 416 billion to affiliates

23 Aug 2024 08:46

PT RMK Energy Tbk (RMKE), a coal mining logistics company, is offering loan facilities worth a total of IDR 416 billion to several affiliates.

RMKE to distribute loan of IDR 416 billion to affiliates

Protest at DPR, JCI sluggish throughout the day

22 Aug 2024 17:11

Jakarta Stock Price Composite Index (JCI) reportedly weakens throughout the day (22/8) amidst mass protest outside DPR/MPR Building to rule out Pilkada Bill.

Protest at DPR, JCI sluggish throughout the day

Mahaka Radio Integra faced another loss, reaching IDR 9.39 billion this time

22 Aug 2024 16:06

PT Mahaka Radio Integra Tbk (MARI) once again reported loss of IDR 9.39 billion in the first half (H1) of 2024.

Mahaka Radio Integra faced another loss, reaching IDR 9.39 billion this time

The Siam Kraft Industry acquires 55% Fajar Surya Wisesa (FASW) shares

22 Aug 2024 15:54

On Tuesday, August 20, PT Fajar Surya Wisesa Tbk (FASW) appointed foreign investor Siam Kraft Industry Company Limited as its new controller. More than 1.36 billion FASW shares, or 55.24% ownership, were purchased by this Thai investor. In addition to producing packaging paper, FASW is also a part of the Thailand-based SCG Packaging group.

The Siam Kraft Industry acquires 55% Fajar Surya Wisesa (FASW) shares

Indeks52’s dividend yield face-off: BJBR vs BJTM

22 Aug 2024 15:42

Two constituents of Indeks52 High Dividend category come from regional bank industry, and competing for the highest dividend yield growth in 2022 and 2023.

Indeks52’s dividend yield face-off: BJBR vs BJTM