Indika Energy to invest IDR 45 billion for EV battery production
29 Sep 2023 10:08
PT Indika Energy Tbk (INDY) has established a new subsidiary in the electric vehicle (EV) battery manufacturing segment, investing a total of IDR 45 billion.
Expanding to EV industry, INDY spent IDR 60 billion on new subsidiary
26 Sep 2023 11:33
PT Indika Energy Tbk (INDY) has reportedly established a new subsidiary, investing IDR 60 billion, to expand its business to electric vehicles (EV) industry.
INDY’s subsidiary granted USD 50 million loan from Bank DBS Indonesia
25 Sep 2023 15:03
A subsidiary of PT Indika Energy Tbk (INDY) has signed a credit facility agreement worth USD 50 million with PT Bank DBS Indonesia (DBS).
Indika Energy to divest subsidiary for USD 218 million
25 Sep 2023 10:15
PT Indika Energy Tbk (INDY), one of the coal-mining giants in Indonesia, has divested its portion in PT Multi Tambangjaya Utama (MUTU) for a total transaction worth USD 281 million.
From Alpha JWC to Horizon Ventures, INDY’s subsidiaries secure investments
21 Aug 2023 17:22
Several renowned global investors, starting from Alpha JWC to Horizon Ventures, will reportedly make investments in three subsidiaries of PT Indika Energy Tbk (INDY).
Indika Energi sets up 2 new subsidiaries for EV rental business
12 Jul 2023 07:16
PT Indika Energi Tbk (INDY), through its subsidiaries, has established two new subordinate companies that are projected to operate in the electric vehicle (EV) rental businesss.
Promoting EV, EMB secures USD 4.7 million facility
03 Jul 2023 06:48
PT Energi Makmur Buana (EMB), a manufacturer of electric vehicle (EV), managed to obtain USD 4.7 million worth of loan from Indika Energy Capital Pte Ltd (ICPL). Both companies are affiliated through the parent entity, PT Indika Energy Tbk (INDY).
INDY to share USD 73.16 million of dividend
27 Apr 2023 06:24
PT Indika Energy Tbk (INDY) will channel out cash dividend of USD 73.16 million from its net profit gained in the fiscal year 2022, meaning that each share will receive IDR 208.
INDY's profit soared 706.7%
13 Apr 2023 06:34
The profit of PT Indika Energy Tbk (INDY) skyrocketed 706,7% to USD 510.77 million in 2022 from USD 63.31 million in 2021.
Indika to grant USD 250 loan to subsidiary for gold mining project
08 Mar 2023 07:53
PT Indika Energy Tbk (INDY) channelled a loan facility to several of its subsidiaries of USD 250 million in total to aid them in gold mining project.
