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.’
Default, Fitch to demote Pan Brothers to lowest rating
17 Oct 2023 11:04
Fitch Ratings has demoted the rating of PT Pan Brothers Tbk (PBRX) to the lowest level following a default and ever-shrinking financial performance.
Pan Brothers’ profit dropped 77.18%
05 Apr 2023 16:47
The increased financial expenses took up 77.18% of net profit of PT Pan Brothers Tbk (PBRX) in 2022, lowering it from USD 16.14 million to USD 3.68 million.
Shares of GOTO and BUKA generated a net foreign surplus of roughly 240 million shares
31 Mar 2023 10:11
Foreign investors purchased 751.04 million shares of PT GoTo Gojek Tokopedia Tbk (GOTO) on Tuesday, March 28. Despite its large foreign sales volume, GOTO was able to generate a net volume of 142.70 million shares.
A Singaporean investor purchased an additional 2.7 billion shares of Pan Brothers (PBRX)
02 Feb 2023 14:05
On Friday, January 27, UBS AG Singapore S/A Burlingham International Ltd., a Singapore-based foreign investor, increased its stake in PT Pan Brothers Tbk (PBRX).
Pan Brothers (PBRX) has garnered two new investors with stakes of more than 5%
27 Jan 2023 09:55
PT Pan Brothers Tbk (PBRX), a textile issuer, just tied two new investors with over 5% ownership on Tuesday, January 24. PT Ganda Sawit Utama became the first new investor, purchasing 552,457,200 shares and acquiring 6.59% of PBRX directly. Following that, individual investor Darwin Indigo purchased 420,958,666 shares, giving this successor to the Wilmar Group 5.02% ownership of PBRX.
