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).
Hesitant about IKN, Paradise Indonesia to focus on Java’s projects this year
31 Jan 2024 11:40
As a property developer, PT Indonesian Paradise Property Tbk (INPP) has yet to show its interest in participating in the hype of Nusantara Capital City (IKN).
Paradise Indonesia eyes 20%-30% growth in 2024
29 Jan 2024 16:47
After scoring significant increase in its performance in 2023, PT Indonesian Paradise Property Tbk (INPP), a property developer and manager, now aims to score performance growth of 20%-30% this year.
Supreme Court denied Greylag Goose Leasing’s cassation appeal
29 Jan 2024 15:35
Supreme Court has denied the cassation appealed by Greylag Goose Leasing 1410 and 1446 Designated Activity regarding the cancellation of homologated peace agreement with PT Garuda Indonesia (Persero) Tbk (GIAA).
CP Prima paid off US$ 51.51 million Tranche A debt
29 Jan 2024 13:31
PT Central Proteina Prima Tbk (CPRO) is accelerating the repayment of Tranche A debt from the Senior Facility Agreement (SFA) resulting from the 2021 Bond restructuring amounting to US$ 51.51 million.
JCI seen moved up and entered red zone
24 Jan 2024 11:56
The Composite Stock Price Index (IHSG) strengthened at the start of the morning trading session, Wednesday (24/1). However, at 09.30 West Indonesia Time (WIB), the index was corrected into the red zone.
PKPK to redirect rights issue proceeds to acquire mining company
04 Jan 2024 11:29
PT Perdana Karya Perkasa Tbk (PKPK), an oil and gas industry support, will transfer some of its rights issue proceeds to acquire an affiliate.
Strengthening distribution, CLEO invests IDR 180 billion in SPS
20 Dec 2023 18:34
PT Sariguna Primatirta Tbk (CLEO), a manufacturer of packaged drinks, is injecting PT Sentralsari Primasentosa (SPS) with IDR 180 billion in capital to add 50 branches in 2024. The transaction value is around 13.93% of the company's total equity of IDR 1.29 trillion as of June 2023.
Allobank to introduce RDN, launching in July 2024
15 Dec 2023 15:20
PT Allo Bank Indonesia Tbk (BBHI), popularly known as Allobank, announces its plan to introduce its latest product, Rekening Dana Nasabah (RDN), next year to accomodate users' investment activities through its digital application.
Jasa Marga to channel IDR 2.7 trillion for paying off subsidiaries’ loans
15 Dec 2023 08:38
PT Jasa Marga (Persero) Tbk (JSMR) has granted shareholder loan to one of its subsidiaries, PT Jasamarga Kunciran Cengkareng (JKC).
