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Jembo Cable (JECC) stock split 1:5, and two investors' share volume increased significantly

24 Jun 2024 17:35

On Wednesday, June 19, two large investors in PT Jembo Cable Company Tbk (JECC) saw a significant increase in their shares. This was the outcome of a 1:5 stock split carried out by this electrical and communications cable manufacturer. First, an investor named PT Monaspermata Persada gained 285.94 million more shares, bringing the total to 357.42 million, though its ownership remained at 47.28%. In addition, PT Indolife Pensiontama's total shares increased from 26.57 million to 132.89 million, accounting for 17.58% of the stake.

Jembo Cable (JECC) stock split 1:5, and two investors' share volume increased significantly

Securing fresh funds, PTRO now starts its climb

11 Jun 2024 11:04

PT Petrosea Tbk (PTRO) was seen climbing 11% in the morning session after securing capital funds from PT Kreasi Jasa Persada (KJP), a subsidiary of PT Petrindo Jasa Kreasi Tbk (CUAN), last week (7/6).

Securing fresh funds, PTRO now starts its climb

PTRO secured investment and working capital credit worth over IDR 7.5 trillion

30 May 2024 10:40

PT Petrosea Tbk (PTRO) has secured an investment and working capital credit worth over IDR 7.5 trillion from PT Bank Central Asia Tbk (BBCA).

PTRO secured investment and working capital credit worth over IDR 7.5 trillion

Petrosea to share cash dividend of USD 3.05 million

02 May 2024 09:44

PT Petrosea Tbk (PTRO), an oil and gas company recently acquired by Prajogo Pangestu, will distribute cash dividend of USD 3.05 million taken out of its 2023 net profit.

Petrosea to share cash dividend of USD 3.05 million

Petrosea signs mining services agreement with Singaraja Putra

03 Apr 2024 13:48

PT Petrosea Tbk (PTRO), an integrated mining and EPC services company, reported the acquisition of the latest mining services contract with PT Singaraja Putra Tbk (SINI) worth US$511.45 million.

Petrosea signs mining services agreement with Singaraja Putra

Kreasi Jasa acquires 34% of Petrosea shares by purchasing 342 million PTRO shares

20 Feb 2024 12:33

On Friday, February 16, PT Kreasi Jasa Persada acquired 342,925,700 shares of PT Petrosea Tbk (PTRO) through PT Henan Putihrai Sekuritas, resulting in 34% stakes in the mining and oil and gas infrastructure. However, PT Caraka Reksa Optima, PTRO's previous controlling shareholder, actually sold the same number of shares, reducing its ownership from 68.9% to 34.9%.

Kreasi Jasa acquires 34% of Petrosea shares by purchasing 342 million PTRO shares

PTRO controller to release 34% share to Prajogo Pangestu

22 Jan 2024 14:43

PT Caraka Reksa Optima (CRO), controller of PT Petrosea Tbk (PTRO) will release 34% of its shares to PT Kreasi Jasa Persada (KJP), a company controlled by PT Petrindo Jaya Kreasi Tbk (CUAN), which is owned by Prajogo Pangestu.

PTRO controller to release 34% share to Prajogo Pangestu

Maspion Bank (BMAS) carries out rights issues; Kasikorn Vision now holds 77.29% stakes

14 Nov 2023 17:19

PT Bank Maspion Indonesia Tbk (BMAS) added 4.17 billion BMAS shares to the stock market through rights issues on Friday, November 10.

Maspion Bank (BMAS) carries out rights issues; Kasikorn Vision now holds 77.29% stakes

Sabana Prawirawidjaja handed over 1.6 billion shares of Ultrajaya (ULTJ) to Maybank Sekuritas

14 Nov 2023 11:24

Sabana Prawiradjaja, president and director of PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ), handed over 1.6 billion shares of ULTJ to PT Maybank Sekuritas Indonesia on Thursday, November 9.

Sabana Prawirawidjaja handed over 1.6 billion shares of Ultrajaya (ULTJ) to Maybank Sekuritas

Heidelberg Materials AG becomes Indocement Tunggal Prakarsa's (INTP) new investor

13 Nov 2023 10:54

PT Indocement Tunggal Prakarsa Tbk (INTP), the manufacturer of "Tiga Roda" brand cement, welcomed German investor Heidelberg Materials AG as a new stakeholder on Tuesday, November 7, through a purchase of 1.87 billion shares.

Heidelberg Materials AG becomes Indocement Tunggal Prakarsa's (INTP) new investor