Bayan Resources to distribute cash dividends of US$300 million
01 Jul 2024 20:32
PT Bayan Resources Tbk (BYAN), the coal mining issuer owned by Low Tuck Kwong, will distribute cash dividends of US$300 million or US$0.009 per share.
Amman Mineral (AMMN) welcomes SAJIR 9 LLC as new 5.77% shareholder
01 Jul 2024 15:08
On Tuesday, June 25, PT Amman Mineral Internasional Tbk (AMMN) welcomed foreign investor SAJIR 9 LLC as a new investor. This investor did not waste any time and annexed 4.18 billion shares, giving it 5.77% ownership.
Reliancever Holdings invests 2.49 billion shares in MNC Kapital (BCAP)
11 Jun 2024 10:49
Reliancever Holdings Inc., a foreign company based in the British Virgin Islands, purchased up to 2.49 billion shares of PT MNC Kapital Indonesia Tbk (BCAP) on Wednesday, June 5. Following this transaction with PT MNC Sekuritas, Reliancever became the newest holder of the financial services company's shares by 5.85%.
After stock split, Ragam Venturinsdo now owns 128 million shares of Asuransi Ramayana
31 May 2024 18:35
The increase in shares recorded by PT Ragam Venturindo due to the stock split of PT Asuransi Ramayana Tbk (ASRM) triggered market hints on Tuesday, May 28. Ragam Venturindo owns roughly 10.57% of ASRM shares, but the loss insurance issuer's 1:4 stock split increased its shareholding from 32.15 million to approximately 128.60 million shares.
Coal mining companies’ face-off: ADRO reigns supreme in Q1 2024
29 May 2024 15:51
PT Adaro Energy Indonesia Tbk (ADRO) booked the highest net profit in Q1 2024 among four coal mining companies with the highest market capitalisation of over IDR 60 trillion as of May 28, 2024.
Bayan Resources’ net profit plummeted 49.7% this Q1
07 May 2024 09:17
PT Bayan Resources Tbk (BYAN), a coal mining company of Low Tuck Kwong, reported net profit of USD 210.64 million throughout the first quarter (Q1) of 2024.
Following their sale, MNC Asia repurchased 60 million Global Mediacom shares (BMTR)
23 Mar 2024 13:17
On Monday, March 18, PT. MNC Asia Holding Tbk repurchased shares of media and broadcasting issuer PT Global Mediacom Tbk (BMTR), after the company had released 60 million shares of its shares on the previous trading day. PT MNC Sekuritas assisted this parent issuer to conduct the transaction, in which MNC Asia currently owns about 36.38% of BMTR. Also, around 2.15 million shares in PT Sinar Mas Multiartha Tbk (SMMA), a financial services subsidiary, were acquired by PT Sinar Mas Cakrawala, another parent company.
Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares
14 Mar 2024 20:35
On Friday, March 8, over 2.29 billion shares of PT Bank BTPN Tbk (BTPN) were annexed by Sumitomo Mitsui Banking Corporation - Equity, the bank's majority shareholder. SMBC had previously owned about 88.52% of BTPN shares, but after this most recent transaction, its ownership has increased to 91.06%. PT Bank HSBC Indonesia was chosen to facilitate the purchase. In addition, Low Tuck Kwong, the controlling shareholder of PT Bayan Resources Tbk (BYAN), acquired 173.02 million BYAN shares. The ownership of this individual investor increased as well, going from 61.61% to 62.12%.
Two issuers gain fresh investment from Majukarya Mandiri
29 Feb 2024 15:12
On Tuesday, February 27, PT Majukarya Mandiri Indonesia decided to purchase new shares from two different issuers. At first, this investor purchased 161.37 million shares of the cosmetics and home appliances manufacturer PT Estee Gold Feet Tbk (EURO). It gained control of 6.33% of the company through purchases conducted by three securities firms. Additionally, this investor purchased 62.18 million shares, or 6.22% control, in PT Sumber Energi Andalan Tbk (ITMA), a consulting services provider for the mining and energy industries. This transaction was carried out via four distinct securities firms.
Kreasi Jasa acquires 34% of Petrosea shares by purchasing 342 million PTRO shares
20 Feb 2024 12:33
On Friday, February 16, PT Kreasi Jasa Persada acquired 342,925,700 shares of PT Petrosea Tbk (PTRO) through PT Henan Putihrai Sekuritas, resulting in 34% stakes in the mining and oil and gas infrastructure. However, PT Caraka Reksa Optima, PTRO's previous controlling shareholder, actually sold the same number of shares, reducing its ownership from 68.9% to 34.9%.
