EXCL-FREN merger triggers volatility; bright outlook for TOWR and MTEL?
20 Jan 2025 18:56
Amid negative sentiment surrounding the upcoming EXCL and FREN merger, can telecom tower companies capitalise on market momentum?
Back in red, foreign transactions closed with net sell of 1.04 billion shares
20 Jan 2025 17:56
2.60 billion GOTO shares sold by foreigners, with net sell volume of 1.22 billion.
A creditor rejects EXCL and FREN merger, here's the management's response
18 Jan 2025 19:00
EXCL and FREN must secure approval from all creditors to conclude the merger.
Foreign sell volume still high; net sell recorded 210 million shares
15 Jan 2025 19:51
After foreign investors released 3.06 billion shares but only purchased about 2.85 billion, the net foreign volume on Wednesday, January 15, was still shown as a net sell.
FREN and BBRI are foreign investors’ favourites
15 Jan 2025 18:19
FREN and BBRI were at the top of the net buy list until the close of trading on Wednesday (15/1).
Foreign sales volume remains high; net sell at 832 million shares
14 Jan 2025 18:15
A total of 2.47 billion shares were purchased and 3.31 billion shares were sold by foreign investors on Tuesday, January 14.
Disapprove of merger? EXCL and FREN offer buyback
12 Dec 2024 08:45
PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) give an escape for minority shareholders disapproving of the merger through buyback option.
Morning session caught EXCL and FREN declining
11 Dec 2024 13:52
Both PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) were seen corrected at the end of morning session today (11/12) following the merger plan.
EXCL and FREN to merge, introducing XLSmart Telecom Sejahtera
11 Dec 2024 10:58
Following the merger, PT XL Axiata Tk (EXCL) and PT Smartfren Telecom Tbk (FREN) agreed to use a brand new name, PT XLSmart Telecom Sejahtera Tbk. The merger will officially take effect on March 22, 2025.
BMT gains additional 4.79% in FREN for IDR 571.40 billion
05 Dec 2024 16:03
PT Bali Media Telekomunikasi (BMT) is known to have raised its portion by 4.79% to 41.17% in PT Smartfren Telecom Tbk (FREN).
