Pan Brothers managed to get away from bankruptcy
27 Dec 2024 13:27
‘The company's business activities and operations continue to run normally.’
Working with limited capital, PBRX anticipates sales decline
07 Nov 2024 13:38
PT Pan Brothers Tbk (PBRX) is anticipating decline in its sales number in 2025 following its limited working capital. Its total equity was reported at USD 333.60 million as of Q3 2024, relatively stable compared to the same period in 2023.
Levoca Enterprise now owns 31% Bakrie & Brothers (BNBR) after selling 589 million shares
04 Sep 2024 10:06
At the end of August, around 589.74 million shares of PT Bakrie & Brothers Tbk (BNBR) were sold by Levoca Enterprise Ltd. On Friday, August 30, this foreign investor's stake in the manufacturing and infrastructure sector company decreased to 31.64%, from 32.01%. PT Investindo Nusantara Sekuritas was appointed as the transaction's facilitator.
PBRX in PKPU status
14 Jun 2024 09:04
Commercial Court of Central Jakarta approved the plea of Suspension of Debt Payment Obligation (PKPU) over PT Pan Brothers Tbk (PBRX) submitted by PT Januardi Putera Logistik (JPL).
Fitch lower Pan Brothers’ rating again, now to Restricted Default
14 Mar 2024 17:01
Fitch Ratings has demoted long-term rating of PT Pan Brothers Tbk (PBRX) to ‘RD’ (Restricted Default) level from the previous ‘C.’