Property market rebounds, new project launches increase
17 Jan 2025 15:18
Property sector is deemed quite resilient even after taking the hit during the pandemic, indicated with various new projects launched last year.
BSDE sets tender offer price for SMDM shares at IDR 531
17 Dec 2024 13:54
PT Bumi Serpong Damai Tbk (BSDE) made a tender offer for 382.01 million shares or the equivalent of 8.01% of the paid up and issued capital of PT Suryamas Dutamakmur Tbk (SMDM) 4.77 billion.
Scoring IDR 6.84 trillion in Q3, BSDE’s marketing sales reached 72% of 2024 target
28 Oct 2024 11:53
PT Bumi Serpong Damai Tbk (BSDE), the biggest self-sustained city developer in Indonesia, booked marketing sales of IDR 6.84 trillion until the end of Q3 2024.
Bumi Serpong Damai takes over 91.99% of Suryamas Dutamakmur (SMDM)
25 Oct 2024 11:48
On Wednesday, October 23, PT Suryamas Dutamakmur Tbk (SMDM), a real estate development company, welcomed a new investor. After acquiring more than 4.39 billion shares, PT Bumi Serpong Damai Tbk was listed as the controller with a 91.99% share portion. PT Sinarmas Sekuritas made this massive share purchase possible.
Acquisition concluded, BSDE officially claims 91.99% of SMDM
25 Oct 2024 08:18
PT Bumi Serpong Damai Tbk (BSDE), a real estate developer and management company, has concluded the acquisition 91.99% of PT Suryamas Dutamakmur Tbk (SMDM).
Transactions selling foreign shares surges, net foreign volume drops to -987.60 million shares
18 Sep 2024 17:44
Foreign investors raised their stock selling activities on Tuesday, September 17, as shown by a foreign selling volume of approximately 5.45 billion shares. The sale of shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) was one of the largest contributors to this increase, with foreign investors selling 3.55 billion GOTO shares for a net volume of -1.41 billion shares. Meanwhile, foreign buying volume was 4.46 billion shares, bringing net foreign volume down to -987.60 million shares.
BSDE to conclude SMDM acquisition this year
28 Aug 2024 10:00
The management of PT Bumi Serpong Damai Tbk (BSDE), a land and property developer, claims to be committed in concluding the acquisition process of PT Suryamas Dutamakmur Tbk (SMDM) at the end of 2024.
Bumi Serpong Damai to gain control over SMDM
02 Aug 2024 09:59
PT Bumi Serpong Damai Tbk (BSDE) reportedly will claim the controlling shareholder position in PT Suryamas Dutamakmur Tbk (SMDM), another real estate management and developer.
Marketing sales at IDR 4.81 trillion in first half, BSDE is confident of this year’s target
22 Jul 2024 16:46
PT Bumi Serpong Damai Tbk (BSDE) has realised marketing sales of IDR 4.84 trillion in the first half (H1) of 2024.
Pudjiadi Prestige (PUDP) investors saw their shares double after 1:2 stock split
11 Jul 2024 21:16
On Monday, July 8, PT Pudjiadi Prestige Tbk (PUDP), a construction and real estate issuer, conducted a 1:2 stock split. As a result, the issuer's investors received twice as many shares. PT Istana Kuta Ratu Prestige, which owns 44.54% of PUDP shares, previously held 146.77 million shares but now has 293.54 million. Aside from that, individual investor Lenawati Setiadi P., who previously owned 73.89 million shares, now owns 147.79 million shares, representing a 22.42% stake.
