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).
Gerbangmas Tunggal Sejahtera owns 9% of Smartfren (FREN)
18 Nov 2024 15:01
On Tuesday, November 12, investor PT Gerbangmas Tunggal Sejahtera made the decision to invest in PT Smartfren Telecom Tbk (FREN), a telecommunications company. Through PT Sinarmas Sekuritas, 44.65 billion FREN shares were acquired, giving this investor direct control over approximately 9.37% of the shares.
Smartfren and subsidiary to sign syndicated loan agreement of IDR 10 trillion
18 Nov 2024 13:49
PT Smartfren Telecom Tbk (FREN), one of the biggest telecommunication service providers in Indonesia, has signed a syndicated loan agreement with a subsidiary and several banks.
Foreign buy almost hit 4 billion shares, net foreign volume surplus at 205.16 million shares
02 Nov 2024 08:01
On Thursday, October 31, foreign buying volume climbed to 3.90 billion shares. Meanwhile, foreign sales volume was only 3.69 billion shares, resulting in a net foreign volume surplus of 205.16 million. The coal mining company PT Bumi Resources Tbk (BUMI) had the greatest share acquisition, with 200.64 million shares bought and a net volume of 166.77 million shares.
Billions of Gojek Tokopedia shares sold, net foreign volume falls to -1.61 billion shares
05 Oct 2024 05:35
Foreign investors sold 2.12 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) on Thursday, October 3, for a net volume of -1.11 billion shares. The share sale then triggered the foreign sales volume to jump to 4.91 billion shares. Meanwhile, foreign buying volume was only 3.30 billion shares, bringing net foreign volume to -1.61 billion shares.
Entering green zone, net foreign volume closed at 456.94 million shares
27 Sep 2024 10:52
Foreigners purchased and sold shares on Thursday, September 26, bringing net foreign volume into the green zone and closing at 456.94 million shares. The figure was calculated using the difference between foreign buying volume (4.86 billion shares) and foreign selling volume (4.41 billion shares). The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO) then had the largest share purchase record at 2.64 billion shares for a net volume of 816.63 million shares.
Over 4 billion Gojek Tokopedia shares sold, net foreign volume falls to -318.64 billion shares
26 Sep 2024 18:48
On Wednesday, September 25, shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were sold in significant numbers, totalling 4.18 billion shares, for a net volume of -122.54 million shares. This transaction helped contribute to the rise of the foreign sales volume at 7.17 billion shares. Meanwhile, foreign buying volume was just 6.86 billion shares, resulting in a net foreign volume of -318.64 million shares.
