INDY assigns Macmahon to Awak Mas project
13 Jan 2025 12:03
INDY) has appointed Macmahon Holding Limited to develop the Awak Mas gold mining project in South Sulawesi.
McMahon Holding to manage INDY’s gold mine in South Sulawesi
13 Jan 2025 07:52
The mining contract will span seven years, with an option to extend for an additional five years.
Sucorinvest Mutual Fund releases 305 million City Retail Developments (NIRO) shares
06 Jan 2025 13:21
With two transactions, foreign investor CGS International Securities Singapore Pte Ltd also made its appearance on the market hints list.
INDY branches out to fuel trading
10 Dec 2024 10:48
PT Indika Energy Tbk (INDY) is further diversifying its business portfolio by entering the fuel trading sector, aiming to support future revenue growth.
Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
INDY saw 63.33% downturn in profit until Q3 2024
01 Nov 2024 12:40
The profit of PT Indika Energy Tbk (INDY) plummeted 63.33% year-on-year (yoy) at the end of Q3 2024 compared to Q3 2023.
INDY’s subsidiary to divest 60% in MEA
08 Oct 2024 10:22
PT Indika Indonesia Resources (IIR), a subsidiary of PT Indika Energy Tbk (INDY), has divested 60% of PT Mitra Energi Agung (MEA) to PT Niaga Gilang Persada (NGP).
Indika Energy to divest subsidiary to Barito Group
01 Oct 2024 08:27
PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL).
Indika Energi’s subsidiary to establish new subsidiary, investing IDR 6.25 billion
12 Aug 2024 11:02
PT Indika Energi Tbk (INDY), through two of its subsidiaries, PT Kalista Soter Hastia (KSH) and PT Kalista Nusa Armada (KNA), will form a new subsidiary with total investment worth IDR 6.25 billion.
