Acquisition concluded, BSDE officially claims 91.99% of SMDM
25 Oct 2024 08:18
PT Bumi Serpong Damai Tbk (BSDE), a real estate developer and management company, has concluded the acquisition 91.99% of PT Suryamas Dutamakmur Tbk (SMDM).
Adiwarna Anugerah Abadi to issue 750 million in IPO
23 Oct 2024 10:51
PT Adiwarna Anugerah Abadi Tbk (NAIK), a trading and fire protection system service company, will issue 750 million of its shares in an initial public offering (IPO) in Indonesia Stock Exchange.
FILM will welcome new investor after private placement
22 Oct 2024 10:20
PT MD Entertainment Tbk (FILM) will hold a capital increase without pre-emptive rights (PMTHMETD) or a private placement of 216,332,660 shares, all of which will be taken up by PT Samuel International.
Shareholders gave a nod to ADRO’s plan of AAI divestment for business diversification
21 Oct 2024 10:45
Shareholders of PT Adaro Energy Indonesia Tbk (ADRO) have approved the plan of divesting the entire shares in PT Adaro Andalan Indonesia (AAI) to extend the business’s reach to outside thermal coal.
Getting to know KasikornBank, Bank Maspion’s controller from Thailand
20 Oct 2024 18:48
After the acquisition of PT Bank Permata Tbk (BNLI) by Bangkok Bank, Indonesia is once again welcoming another acquisition by a major bank of Thailand, KasikornBank, or more familiarly known as KBank, through the takeover of 84.55% of PT Bank Maspion Tbk (BMAS).
Exploring Indonesia’s MSME export potential, Ambassador: A lot to learn from Thailand
19 Oct 2024 18:23
Rachmat Budiman, Ambassador of Indonesia for Thailand, hopes Indonesia’s MSMEs to make a global-scale breakthrough. However, there are still a lot of tasks left for pertinent stakeholders to achieve this, including MSME players themselves.
BBRM to acquire SPB barge of 12,000 DWT
11 Oct 2024 12:32
PT Pelayaran Nasional Bina Buana Raya Tbk (BBRM) has acquired one unit of Self Propelled Barge (SPB) with a capacity of 12,000 Dead Weight Ton (DWT) from PT Marcopolo Shipyard (MS) for USD 6.5 million.
Global venture funding slowed down in Q3 2024, mostly went to AI sector
07 Oct 2024 12:31
The amount of venture capital funding in the global market reached USD 66.5 billion in the third quarter (Q3) of 2024, slowing down 16% quarter-to-quarter (qoq), or down 15% year-on-year (yoy).
HOKI eyes healthy rice market through Dailymeal products
26 Sep 2024 13:11
PT Buyung Poetra Sembada Tbk (HOKI), a premium rice manufacturer and distributor debuted on Indonesia Stock Exchange (IDX) in 2017, is now eyeing market opportunity arising from high demand for healthy rice through its Dailymeal products.
HEXA to distribute cash dividend of USD 38.99 million
26 Sep 2024 11:10
Shareholders of PT Hexindo Adiperkasa Tbk (HEXA) agreed upon the allocation of cash dividend of USD 38.99 million or USD 0.0464 per share during the Annual General Meeting of Shareholders yesterday (24/9).
