Mandala Multifinance to issue bonus shares worth IDR 117.5 billion
06 Sep 2024 10:37
PT Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion.
06 Sep 2024 10:37
PT Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion.
03 Sep 2024 16:57
Conglomerate and controller of PT Bayan Resources Tbk (BYAN), Low Tuck Kwong, gave his daughter Elaine Low control over 7.33 billion BYAN shares on Wednesday, August 28. Elaine now owns 22% of the shares in the coal mining and contractor company, while Low Tuck Kwong's share portion decreased from 62.15% to just 40.15%. Securities firm BUT Butsche Bank AG facilitated the transaction between the two.
03 Aug 2024 18:02
Shelf Registration Bond IV Mandala Multifinance Tahap III Tahun 2021 Seri B from PT Mandala Multifinance Tbk (MFIN) will be the first bond on the list of bonds maturing in August. On August 6, this consumer finance company is expected to pay IDR 150 billion toward a bond debt. The Shelf Registration Bond V BFI Finance Indonesia Tahap II Tahun 2021 Seri C will also be paid off at IDR 530 billion on the same day from PT BFI Finance Indonesia Tbk (BFIN), another financing company.
22 Mar 2024 09:55
Two shareholders of PT Mandala Multifinance Tbk (MFIN) are said to have realised the divestment of 80.6% of their portions worth IDR 7.04 trillion to MUFG Bank Ltd and PT Adira Dinamika Multi Finance Tbk (ADMF) last week (13/3).
21 Mar 2024 12:48
Pemeringkat Efek Indonesia (Pefindo) has upgraded the rating of PT Mandala Multifinance Tbk (MFIN) or Mandala Finance to “idAAA” with “stable” prospect, as well as “idAAA” and “idAAA(sy)” ratings for currently existing bond and sukuk.
19 Mar 2024 13:56
On Wednesday, March 13, MUFG Bank Ltd., a Japanese bank, took over as PT Mandala Multifinance Tbk's (MFIN) new controlling shareholder. Having acquired more than 1.87 billion shares through PT Bank Danamon Indonesia Tbk, this investor now holds 70.61% of the shares of the consumer finance company. Local investor PT Adira Dinamika Multi Finance Tbk also acquired 265 million MFIN shares in total, granting it immediate control over 10% of the shares.
03 Jul 2023 16:23
Foreign stock purchases remained relatively quiet on Monday, June 26. Foreign investors only purchased approximately 1.68 billion shares of Indonesian issuers but sold approximately 2.12 billion shares, bringing the foreign net volume once again into negative territory with -433,834,700 shares.
26 Jun 2023 08:47
MUFG Bank Ltd and PT Adira Dinamika Multi Finance Tbk (ADMF) are still under the negotiation process for the acquisition of 80.6% of PT Mandala Multifinance Tbk (MFIN).
05 Jun 2023 21:28
PT Mandala Multifinance Tbk (MFIN) arranges the issuance of Shelf-Registration Sukuk Mudharabah I Phase III Year 2023 with a total principal of IDR 500 billion.