Green Power Group (LABA) prepares rights issue and renewable energy projects
27 Dec 2024 16:12
The project is in line with the company's vision of making renewable energy a key pillar of business growth.
LABA secures battery pack procurement contract
23 Sep 2024 17:00
PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), has secured a contract to procure electric vehicle battery packs worth a total of IDR 139 billion from PT Gotion Indonesia Materials (GIM).
Green Power Group subsidiary to start battery production
23 Sep 2024 08:22
PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), will soon begin the battery production phase for electric vehicle needs.
Nev Stored Energy to set up tender offer for LABA’s shares
05 Sep 2024 09:01
PT Nev Stored Energy (NSE) will initiate a voluntary tender offer for the shares of PT Green Power Group Tbk (LABA), a steel manufacturer formerly called PT Ladangbaja Murni Tbk.
Green Power Group to form 2 subsidiaries, investing IDR 20 billion
16 Jul 2024 08:10
PT Green Power Group Tbk (LABA), an industrial sector company previously known as PT Ladangbaja Murni Tbk, has established two new subsidiaries with total investment of IDR 20 billion.
Billions of Vale Indonesia (INCO) shares traded by major investors
02 Jul 2024 17:53
At the end of June, several of PT Vale Indonesia Tbk's (INCO) major investors appeared to be trading billions of shares. On Friday, June 28, PT Mineral Industri Indonesia (Persero), a state-owned company, acquired 1.59 billion shares of the nickel mining company, increasing its ownership from 19.93% to 34.19%. However, INCO's controlling shareholder, Vale Canada Limited, reduced its shares by 780.41 million, followed by Sumitomo Metal Mining Co., Ltd., which sold 282.84 million. These two foreign investors reported remaining ownership of 34.07% in Vale Canada and 11.55% in Sumitomo Metal, respectively.
Opening the week, LABA is the new top gainer
13 May 2024 18:00
The stock price of PT Ladangbaja Murni Tbk (LABA) soared 31.39% this Monday (13/5) after a long holiday last week. This shift leads the company to the top of the gainers’ list in the stock market.
