Lippo Cikarang net profit slumped 37.9%, lowest in 3 years
22 Mar 2024 12:41
PT Lippo Cikarang Tbk (LPCK), a property management and development company controlled by the Lippo Group, posted a net profit of IDR 161.92 billion throughout 2023.
Distribusi Voucher Nusantara grants subsidiary extra IDR 10 billion
20 Mar 2024 12:22
PT Distribusi Voucher Nusantara Tbk (DIVA), an application and internet service provider, has increased the capital of its subsidiary, PT Berkah Karunia Kreasi (BKK).
Federal Finance to offer Bond of IDR 2 trillion
14 Mar 2024 15:45
PT Federal International Finance/FIF Group eyes extra working capital through the issuance of Bond Phase III Year 2024 worth IDR 2 trillion to expand its vehicle financing distribution
ITMG’s profit shrank 58.33% in 2023
22 Feb 2024 07:14
The net profit of PT Indo Tambangraya Megah Tbk (ITMG) decreased 58.33% throughout 2023 compared to the same period in 2022. The decline of profit was driven by lower revenue.
Boosting pipe production, SUNI to add IDR 152.81 billion to subsidiary
19 Feb 2024 15:16
PT Sunindo Pratama Tbk (SUNI) has invested IDR 152.81 billion in its subsidiary, PT Rainbow Tubulars Manufacture (RTM), in order to enhance its steel and iron pipe production capacity.
Bakrie Media Group faced temporary PKPU lawsuit
16 Feb 2024 10:31
PT Laras Nugraha Cipta (LNC) has filed a suspension of debt payment obligation (PKPU) against several television broadcasting companies under Bakrie Group.
Working on Kediri-Tulungagung Toll, Gudang Garam invests IDR 2 trillion
15 Feb 2024 10:36
PT Gudang Garam Tbk (GGRM), one of the biggest cigarette manufacturers in Indonesia, has established a new subsidiary called PT Surya Sapta Agung Tol (SSAT) as a Toll Road Business Unit for Kediri-Tulungagung Toll Road.
Estetika Tata Tiara to acquire 3 affiliates for IDR 108.2 billion
12 Feb 2024 11:34
PT Estetika Tata Tiara Tbk (BEEF), a company engaged in the processed food manufacture, will acquire 3 affiliated companies with a total acquisition value of IDR 108.2 billion.
SMF to issue bonds and sukuk of IDR 2.03 trillion
02 Feb 2024 14:14
PT Sarana Multigriya Finansial (Persero) or SMF, a state-owned secondary housing financing company, will issue bonds and sukuk with total principal of IDR 2.03 trillion.
OASA to form a new subsidiary, putting in IDR 2.7 billion of investment
01 Feb 2024 08:50
PT Maharaksa Biru Energi Tbk (OASA) has reportedly established a new subsidiary in late January (29/1).