Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
KLAS to allocate stock dividend with 12:1 ratio
05 Nov 2024 08:17
PT Pelayaran Kurnia Lautan Semesta Tbk (KLAS), a logistics and shipping company, will distribute stock dividend with a ratio set to 12:1.
Daaz Bara Lestari sets IPO price to IDR 900 per share
04 Nov 2024 15:30
PT Daaz Bara Lestari Tbk (DAAZ), a wholesale trading company specialised in metal ores and a holding company, has set the initial public offering (IPO) price to IDR 900 per share.
BBRM to expand its fleet, acquiring vessel for USD 12.1 million
04 Nov 2024 08:38
PT Pelayaran Bina Buana Raya Tbk (BBRM) will expand the size of its fleet by acquiring one unit of Anchor Handling Tug Supply (AHTS) for USD 12.1 million.
ASSA’s profit skyrocketed 79.82% in Q3 2024
29 Oct 2024 10:04
Net profit of PT Adi Sarana Armada Tbk (ASSA) shot up 79.82% year-on-year (yoy) to IDR 212.67 billion in Q3 2024 from IDR 118.26 billion seen in the same period in 2023.
BUMA to secure mining service contract worth IDR 107.8 trillion
28 Oct 2024 13:35
PT Bukit Makmur Mandiri Utama (BUMA) has amended coal mining service contract involving PT Indonesia Pratama (IPR), a subsidiary of PT Bayan Resources Tbk (BYAN). BUMA is known to be the subsidiary of usaha PT Delta Dunia Makmur Tbk (DOID).
Supporting Dhoho Kediri Airport, GGRM put in extra IDR 300 billion
24 Oct 2024 11:01
PT Gudang Garam Tbk (GGRM), one of the biggest cigarette manufacturers in Indonesia, has channelled extra capital of IDR 300 billion to PT Surya Dhoho Investama (SDHI).
CNMA readies interim dividend of IDR 48.16 billion
22 Oct 2024 15:33
PT Nusantara Sejahtera Raya Tbk (CNMA), the managing company of Cinema XXI theatres, will distribute interim dividend of IDR 48.16 billion.