Bond payment deferred, PPRO suspension extended
15 Jan 2025 15:54
The suspension follows the payment delay of the 11th coupon of its Sustainable Bond II Phase IV Year 2022 Series B, amounting to IDR 4.33 billion, to bondholders.
Three bonds due in January; two from financial sector
03 Jan 2025 16:47
The maturity of three bonds from three distinct issuers marks the January bond call news. Two of them are finance sector bonds.
Failure to pay, Pefindo lowers PPRO rating to "idSD"
17 Oct 2024 14:06
The Indonesian Securities Rating Agency (Pefindo) has lowered the rating of PT PP Properti Tbk (PPRO) on Wednesday (16/10) to "idSD" (Selective Default) due to the status of default on its obligations.
MNC Digital claims 9% of Multivision Plus (RAAM) shares
25 Sep 2024 18:10
On Monday, September 23, PT Tripar Multivision Plus Tbk (RAAM) welcomed PT MNC Digital Entertainment Tbk as a new investor. MNC Digital, which holds a direct 9.09% stake in this production company, was able to acquire up to 619.42 million shares through a private placement. However, because of this corporate action, the controller of RAAM, Ram Jethmal Punjabi, actually recorded a decrease in the portion of shares, from 77.33% to 70.3%. More than 4.78 billion shares are listed as being owned by him personally.
MotoGP Mandalika 2024, Prime Park Hotel’s occupancy rate soared 90%
27 Aug 2024 13:36
PT PP Properti Tbk (PPRO) reported 90% year-on-year (yoy) surge in occupancy rate of Prime Park Hotel & Convention Lombok following MotoGP Mandalika 2024 that will be held on September 27-30, 2024.
PPRO’s Louvin Apartment now 91% sold
21 Aug 2024 11:37
PT PP Properti Tbk (PPRO) successfully marketed 755 units out of 826 total units of Louvin Apartment in Jatinangor, East Bandung, West Java as of July 2024.
PPRO suffered loss, no dividend in sight
05 Jun 2024 17:17
Annual General Meeting of Shareholders of PT PP Properti Tbk (PPRO) agreed not to distribute dividend to shareholders following a loss recorded in 2023 of IDR 1.28 trillion.
Profit at minus, PPRO still confident of 40% revenue surge in 2024
28 Dec 2023 14:34
Despite its loss of IDR 118.85 billion until the end of Q3 2023, PT PP Properti Tbk (PPRO) eyes 2024 optimistically by aiming to secure 30%-50% surge in its sales next year.
PPRO teams up with Voltron to establish electric vehicle charging stations
01 Dec 2023 12:21
PT PP (Persero) Tbk (PPRO) has signed a memorandum of understanding (MoU) with PT Exelly Elektrik Indonesia (Voltron) to establish a number of electric vehicle chargers.
PPRO’s Westown View eyes completion this year
02 Nov 2023 12:19
PT PP Properti Tbk (PPRO), a property developer owned by PT PP (Persero) Tbk (PTPP), is committed to complete the Westown View apartment construction this year.
