LUCY to acquire two companies
03 Jan 2024 14:31
PT Lima Dua Lima Tiga Tbk (LUCY), a restaurant chain managing company, will acquire 51% of PT Kreasi Sejahtera Bahagia (KSB) and 54% of PT Graha Senopati Sentosa (GSS).
Set on PIK 2 expansion, PANI spends IDR 991 billion for land acquisition
29 Dec 2023 17:38
In its mission to expand the area of Pantai Indah Kapuk 2, PT Pantai Indah Kapuk Dua Tbk (PANI), through its subsidiary, PT Panorama Eka Tunggal (PET), carries out land acquisition of 357,081 m2 of land in Teluknaga, Banten, from two of its affiliates.
PANI invested IDR 50 billion for in IKN property projects
27 Dec 2023 12:42
PT Pantai Indah Kapuk Dua Tbk (PANI) announced its latest investment in the National Capital City (IKN) through the investment of minority shares in PT Kusuma Putra Alam (KPA).
Matahari Department Store to switch up directors and commissioners
22 Dec 2023 12:54
PT Matahari Department Store Tbk (LPPF), a retail company operating since 1958, has changed the board of directors and commissioners after conducting its Extraordinary General Meeting of Shareholders today (22/12).
Expanding distribution network, Ultrajaya’s DC in MM2100 to begin operation in 2024
21 Dec 2023 11:27
Entering 2024, PT Ultrajaya Milk Industry and Trading Company Tbk (ULTJ) prepares to reinforce its distribution network through a new distribution centre (DC) and new factory that will be ready to operate in the first quarter in 2024.
Pairing up with IBM, Metrodata Electronics gets ready for AI development
21 Dec 2023 09:43
Through its subsidiary, PT Synnex Metrodata Indonesia (SMI), PT Metrodata Electronics Tbk (MTDL) is now the official distributor of IBM in Indonesia, which is projected to be able to reinforce its IT services to the commercial segment.
MIDI to open 450 new stores next year
20 Dec 2023 11:13
PT Midi Utama Indonesia Tbk (MIDI) sets up capital expenditure (capex) budget of IDR 1.4 trillion in 2024. This capex will be used to establish 450 new Alfamidi and Lawson outlets.
PIK 2 eyes IDR 5.5 trillion of marketing sales post-acquisition of 7 companies
14 Dec 2023 09:55
PT Pantai Indah Kapuk Dua Tbk (PANI) announces quite ambitious marketing sales target for 2024, IDR 5.5 trillion.
BSI pushes sharia wealth management ecosystem, securing international award
13 Dec 2023 13:32
PT Bank Syariah Indonesia Tbk (BRIS) continues to prove its commitment in becoming financial, social, spiritual partners to its users in managing wealth in sharia fashion through exclusive services of BSI Prioritas.
Business slowing down, AIMS seeks investment outside coal mining
11 Dec 2023 14:18
PT Akbar Indo Makmur Stimec Tbk (AIMS), a coal trading company, is exploring new investments aside from its core business as its performance slows down.
