Free float requirement unmet, IDX suspends 4 issuers
04 Dec 2024 14:40
Indonesia Stock Exchange (IDX) authorities temporarily suspends transactions of 4 issuers as they have failed to meet the minimum free float requirement of 7.5% of its shares.
Investors in Lippo General Insurance record stock changes as a result of 1:10 stock split
24 Sep 2024 18:48
On Thursday, September 19, the general insurance company PT Lippo General Insurance Tbk (LPGI) conducted a 1:10 stock split. The corporate action's effect: Three large LPGI investors reported a big change in their share portions on the market hints. First, from 178.39 million shares to 1.78 billion shares, PT Hanwha Life Insurance Indonesia, the controller of 59.46% of LPGI shares, has increased its holdings. PT Inti Anugerah Pratama, the owner of 23% of LPGI shares, reported a change in shares from 69 million to 690 million shares. Then, with 14.9% of the shares, foreign investor Hanwha General Insurance Co. Ltd. now owns 447 million, ten times more than 44.70 million previously owned.
LPGI plans a stock split with 1:10 ratio
10 Sep 2024 12:56
PT Lippo General Insurance Tbk (LPGI) will issue a stock split with a ratio set to 1:10, meaning that one old share will be split into 10 shares with new value.
Lippo General Insurance plans a stock split with 1:10 ratio
15 Jul 2024 19:27
PT Lippo General Insurance Tbk (LPGI), an insurance company under Lippo Group, will hold a stock split with a ratio of 1:10.
MNC Sekuritas acquired 9.16 billion shares of MNC Land (KPIG)
10 Jul 2023 15:55
On Monday, July 3, PT MNC Land Tbk (KPIG), a member of the MNC Group involved in the entertainment and hospitality sectors, handed over more than 9.16 billion of its shares to PT MNC Sekuritas.
Hanwa Life to conduct tender offer for Lippo Insurance's shares
24 May 2023 06:35
PT Hanwa Life Insurance Indonesia (HLI) is conducting a tender offer for 43,243,200 shares of PT Lippo General Insurance Tbk (LPGI), setting an offering price to IDR 6,538 per share.
Hanwha Insurance acquires 62% of Lippo General Insurance (LPGI)
31 Mar 2023 12:58
Hanwha General Insurance Co. Ltd., a South Korean insurance company, acquired 14.9% of PT Lippo General Insurance Tbk (LPGI) after purchasing 44.7 million LPGI shares.
