Dima Investindo to gain control over 55% of KMDS
13 Sep 2024 10:47
PT Dima Investindo (DI) will acquire 55% of PT Kurniamitra Duta Sentosa Tbk (KMDS) owned by PT Miki Ojisan Indomitra (MOI). DI is not directly or indirectly affiliated with KMDS.
Waskita Toll Road lend IDR 270 billion for Cimanggis-Cibitung Toll Road
13 Sep 2024 09:39
PT Waskita Toll Road (WTR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), has channelled a loan facility worth IDR 270 billion to PT Cimanggis Cibitung Tollways (CCT).
PGAS to pair up with InJourney’s subsidiary for tourism industry
13 Sep 2024 08:57
PT Perusahaan Gas Negara Tbk (PGAS) has reportedly collaborated with PT ITDC Nusantara Utilitas (INU), a subsidiary of InJourney Tourism Development Corporation, to develop a gas network in tourism sector.
Accelerating BSD City innovation, Living Lab Ventures to launch International Landing Pad
12 Sep 2024 23:05
Living Lab Ventures (LLV), corporate venture capital (VC) under Sinar Mas Lang, collaborates with the government of New South Wales (NSW), Australia, to introduce International Landing Pad in order to boost start-ups and companies from both countries to launch global expansion.
RGAS and PGAS to work on gas network project worth IDR 29.5 billion
12 Sep 2024 15:52
PT Kian Santang Muliatama Tbk (RGAS) and PT Perusahaan Gas Negara Tbk (PGAS) have collaborated to work on gas network construction project with a contract value of ID 29.5 billion.
SMDM’s net profit increased threefold in the first half
12 Sep 2024 12:37
PT Suryamas Dutamakmur Tbk (SMDM), a real estate management and developer, booked net profit of IDR 109.76 billion in the first half (H1) of 2024.
A new building in progress, LTLS to remain committed to sustainability through subsidiaries
12 Sep 2024 10:46
PT Lautan Luas Tbk (LTLS), a chemical distributor, implements sustainability strategies through two of its subsidiaries, PT Lautan Natur Krimerindo (LNK), and another subsidiary engaged in the supporting services sector.
HEXA to expand to Foton vehicle reparation business
12 Sep 2024 10:25
PT Hexindo Adiperkasa Tbk (HEXA) will expand its business reach to reparation services for Foton cars and trucks, a Chinese vehicle brand, starting this year.
Securing syndicated loan of IDR 200 billion, PURI to work on The Monde City
11 Sep 2024 16:49
PT Puri Karya Bersama (PKB), a subsidiary of PT Puri Global Sukses Tbk (PURI), has secured a syndicated revolving loan for working capital from 13 rural credit banks worth IDR 200 billion.
Retail sales expected to decline in October 2024
11 Sep 2024 11:53
Sales performance in the next six months starting from October 2024 to January 2024 is expected to decline, due to the return to normal demand after national religious holidays and year-end holidays.
