GGRP to lower shares nominal value to IDR 140
11 Oct 2024 16:03
PT Gunung Raja Paksi Tbk (GGRP) will cut its shares’ nomimal value to IDR 140 from IDR 500, effective starting from November 5, 2024.
Reliancever Holdings invest in two MNC Group issuers
13 Jun 2024 17:32
After becoming a new PT MNC Kapital (BCAP) investor, Reliancever Holdings Inc. entered two other MNC Group issuers on Friday, June 7. First, this foreign investor bought 9.16 billion shares of the issuer, which operates in the office space rental sector, PT MNC Land Tbk (KPIG), which accounted for around 9.39% of the shares. Furthermore, approximately 5.79 billion shares of PT MNC Asia Holding Tbk (BHIT), a holding company in the investment sector, were purchased, resulting in 6.74% ownership. Even so, Reliance decided to sell approximately 96.19 million shares of financial services company BACP this time. All transactions were conducted through PT MNC Sekuritas.
GGRP officially divested 76.07% of NBP for USD 338.8 million
05 Jun 2024 08:58
PT Gunung Raja Paksi Tbk (GGRP), one of the biggest steel manufacturers in Indonesia, has reportedly divested 76.07% of PT Nusantara Baja Profil (NBP).
