At default, Pefindo lowered ZINC’s bond rating
20 Aug 2024 14:42
Pemeringkat Efek Indonesia (Pefindo), a domestic rating agency, has lowered the rating of Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idD” from the previous “idCCC”.
KIJA to allocate IDR 450 billion of capex
20 Aug 2024 14:16
PT Kawasan Indutri Jababeka Tbk (KIJA) is allocating capital expenditure of IDR 450 billion this year. The allocation is split to 55% for land acquisition and 45% for infrastructure maintenance.
First session saw JCI’s bullish trend
20 Aug 2024 12:10
Jakarta Stock Price Composite Index (JCI) was seen gaining strides in the green zone, starting from the opening bell today (20/8) until the end of its first session.
Chandra Asri Pacific plans to debut its subsidiary in the stock market
20 Aug 2024 11:56
PT Chandra Asri Pacific Tbk (TPIA), another company owned by Prajogo Pangestu, will push forward the agenda of debuting its subsidiary engaged in the infrastructure investment sector, PT Chandra Daya Investasi (CDI), in Indonesia Stock Exchange (IDX).
Rebranded for two months now, ACES saw IDR 2 trillion decline in market cap
20 Aug 2024 11:47
PT Ace Hardaware Indonesia Tbk (ACES) has rebranded itself to PT Aspirasi Hidup Indonesia Tbk following the Extraordinary General Meeting of Shareholders on June 7, 2024.
Promoting MSME financing, Modalku joins hands with Lotte Grosir
20 Aug 2024 10:35
Modalku, a fintech platform, is partnering with Lotte Grosir to provide term financing for raw material purchase for Micro, Small, and Medium Enterprises (MSMEs).
Working on hydropower plant, ARKO secures loan facility of IDR 23 billion from SMI
20 Aug 2024 10:28
PT Arkora Hydro Tbk (ARKO), a holding company engaged in the renewable energy sector, has obtained a loan facility worth IDR 223 billion for the establishment of Tomoni Hydropower Plant.
Oto Multiartha eyes IDR 700 billion in bond issuance
20 Aug 2024 09:50
PT Oto Multiartha, a financing company formed by PT Bank BTPN Tbk (BTPN) and PT Sinar Mas Multiartha Tbk (SMMA), will issue Shelf-Registration Bond I Phase II Year 2024 with total principal of IDR 700 billion.
FAP Agri scored dividend income of IDR 47.5 billion
20 Aug 2024 09:19
PT FAP Agri Tbk (FAPA), a palm oil manufacturer, reported dividend income of IDR 47.5 billion.
Investors in Estee Gold Feet (EURO) actively trading shares
19 Aug 2024 17:53
Major PT Estee Gold Feet Tbk (EURO) investors were busy trading shares on Thursday, August 15. PT Solusi Karya Sukses and PT Fersindo Nusa Jaya have opted to increase their shareholdings in the aerosol company for cosmetics and home appliances by 20.07 million and 9.57 million shares, respectively. Right now, both are in charge of roughly 8.5-8.7% stakes. On the other hand, PT Majukarya Mandiri Indonesia sold 10.38 million shares, and PT Firstindo Finansial Corpora sold 50 million shares.
