ELPI to acquire Malaysian offshore drilling supplier
07 Feb 2023 10:41
PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has acquired Kazo Marine Sdn Bhd, a supplier for offshore drilling needs based in Malaysia.
Berdikari Perkasa Foundation eyes IDR 141.22 billion of fresh funds via IPO
06 Feb 2023 17:27
PT Berdikari Pondasi Perkasa Tbk (BDKR) will carry out an initial public offering (IPO) of 706.1 million shares on the Indonesia Stock Exchange (IDX).
Bank Mandiri secured IDR 1.49 quadrillion of third-party funds
02 Feb 2023 06:08
PT Bank Mandiri (Persero) Tbk (BMRI) managed to collect third-party funds of IDR 1.49 quadrillion in 2022, shifting 15.46% from IDR 1.29 quadrillion seen in 2021.
DGNS invests in Asa Ren Pte Ltd
01 Feb 2023 11:26
PT Diagnos Laboratories Utama Tbk (DGNS), the operator of the Diagnos clinic, has invested US$ 300,000 in Asa Ren Pte Ltd Singapore. For information, Asa Ren is a start-up company in the field of bioinformatics.
Aiming massive growth, Jobubu to launch more alcoholic beverages
31 Jan 2023 11:45
PT Jobubu Jarum Minahasa Tbk (BEER) is targeting to attain up to 50% growth in revenue and net profit this year, supported by even distribution of products in rural areas, as well as the promising niche market of alcoholic beverages in Indonesia.
CASH to privately issue 143.11 million shares
31 Jan 2023 05:41
PT Cashlez Worldwide Indonesia Tbk (CASH), a financial technology company, will hold a private placement and issue 143.11 million units of shares worth IDR 12 each.
Banks’ Suspicious Activity Reports rose 48.8% in 2022
30 Jan 2023 06:16
The number of Suspicious Activity Reports (SAR) within the banking sector increased 48.8% year-on-year (yoy) from 3,068 cases in 2021 to 4,556 cases in 2022.
SINI to hold an MTO, setting price to IDR 316 per share
26 Jan 2023 14:39
PT Singaraja Putra Tbk (SINI), an accommodation service provider, is conducting a mandatory tender offer (MTO) for 24.59% of total issued and paid-up capital of the company.
General Atlantic to divest its portion in MAP Boga
24 Jan 2023 10:56
General Atlantic (GA), through GA Robusta F&B Company Pte Ltd, will divest its stock portion in PT MAP Boga Adiperkasa Tbk (MAPB).
BUMN Ministry to process 65% problematic companies
24 Jan 2023 06:45
The Ministry of State-Owned Enterprises (BUMN) will coordinate with the Attorney General’s Office and Indonesia’s Corruption Eradication Commission (KPK) to legally process at least 65% of pension fund managements in BUMN that are allegedly involved with corruption.
