Expanding to Australia, PYFA wraps up Probiotec acquisition
20 Jun 2024 09:48
PT Pyridam Farma Tbk’s (PYFA) steps in expanding the market to Australia is now materialised after acquiring the entire shares of Probiotic Limited, Australia.
Ciputra Development has used up IDR 700 billion for land acquisition
19 Jun 2024 16:54
PT Ciputra Development Tbk (CTRA), a well-known property developer, has reportedly realised IDR 700 billion of its capital expenditure (capex) until first quarter (Q1) of 2024.
GOTO denies terminating 80% of Tokopedia’s services
13 Jun 2024 13:41
PT GoTo Gojek Tokopedia Tbk (GOTO) denies the information regarding the company’s plan to stop up to 80% of Tokopedia’s service, its e-commerce platform, in the near future.
Salim Group to acquire land of 18,290 Ha in Padalarang
13 Jun 2024 10:51
PT Inti Cakrawala Citra (ICC), a Salim Group company, is acquiring a land of 18,290 hectares (Ha) for IDR 80 billion in Padalarang, West Java, from PT Falmaco Nonwoven Industri Tbk (FLMC).
Securing fresh funds, PTRO now starts its climb
11 Jun 2024 11:04
PT Petrosea Tbk (PTRO) was seen climbing 11% in the morning session after securing capital funds from PT Kreasi Jasa Persada (KJP), a subsidiary of PT Petrindo Jasa Kreasi Tbk (CUAN), last week (7/6).
Continuing land acquisition, PWON spent IDR 121.7 billion
10 Jun 2024 16:37
PT Pakuwon Permai (PP), a subsidiary of PT Pakuwon Jati Tbk (PWON), is acquiring a land of 52,040 hectares (Ha) in Semarang, Central Java, worth IDR 121.7 billion.
Iforte to acquire 90.11% of IBST
05 Jun 2024 10:20
PT Iforte Solusi Infotek (iForte) in under process of acquiring 90.11% of PT Inti Bangun Sejahtera Tbk (IBST), primarily owned by PT Bakti Taruna Sejati (BTS).
Up 1,201% since acquisition, PANI to set up private placement
04 Jun 2024 10:10
The stock of PT Pantai Indah Kapuk 2 Tbk (PANI) has skyrocketed by up to 1,201% since taken over by Agung Sedayu and Salim Groups on October 8, 2021.
Taking over 51% of TUJ, GRPM to expand distribution network
28 May 2024 14:59
PT Graha Prima Mentari Tbk (GRPM), a distributor of carbonated drinks, will expand its distribution network by acquiring 51% of PT Tri Usaha Jaya (TUJ).
On track, Bank OCBC NISP now owns Bank Commonwealth
02 May 2024 08:45
PT Bank OCBC NISP Tbk (NISP) has completed the acquisition of PT Bank Commonwealth (PTBC), taking effect from last Wednesday, May 1, 2024.