Sompo Insurance Indonesia’s ownership shifts to Singapore
19 Feb 2024 18:08
Sompo Holdings (Asia) Pte. Ltd will become the new controlling shareholder of PT Sompo Insurance Indonesia.
Estetika Tata Tiara to acquire 3 affiliates for IDR 108.2 billion
12 Feb 2024 11:34
PT Estetika Tata Tiara Tbk (BEEF), a company engaged in the processed food manufacture, will acquire 3 affiliated companies with a total acquisition value of IDR 108.2 billion.
Expanding to Labuan Bajo, BUVA to acquire 50% of VIP’s portion in BSP
05 Feb 2024 10:37
PT Bukit Uluwatu Villa Tbk (BUVA) is acquiring 50% of the portion of PT Vasanta Indo Properti in PT Bukit Savana Raya (BSR) for IDR 112.27 billion.
IPAC to acquire 7 EFG members to boost agency business growth
30 Jan 2024 10:06
PT Era Graharealty Tbk (IPAC) has acquired seven companies listed under Era Fiesta Group (EFG) worth IDR 11.22 billion last week (26/1). The
Istaka Karya to transfer shares in JKC to Jasa Marga
23 Jan 2024 10:02
PT Jasa Marga (Persero) Tbk (JSMR) has acquired the shares of PT Istaka Karya (Persero) in its subsidiary, PT Jasamarga Kunciran Cengkareng (JKC).
LUCY to acquire two companies
03 Jan 2024 14:31
PT Lima Dua Lima Tiga Tbk (LUCY), a restaurant chain managing company, will acquire 51% of PT Kreasi Sejahtera Bahagia (KSB) and 54% of PT Graha Senopati Sentosa (GSS).
Set on PIK 2 expansion, PANI spends IDR 991 billion for land acquisition
29 Dec 2023 17:38
In its mission to expand the area of Pantai Indah Kapuk 2, PT Pantai Indah Kapuk Dua Tbk (PANI), through its subsidiary, PT Panorama Eka Tunggal (PET), carries out land acquisition of 357,081 m2 of land in Teluknaga, Banten, from two of its affiliates.
TAYS to allocate IDR 25 billion for 2024 capex
15 Dec 2023 10:10
PT Jaya Swarsa Agung Tbk (TAYS) allocates capital expenditure (capex) budget of IDR 20 billion to IDR 25 billion in 2024.
NISP to acquire 99% of Bank Commonwealth
16 Nov 2023 09:28
PT Bank OCBC NISP Tbk (NISP) acquires 99% of shares of Commonwealth Bank of Australia (CBA) in PT Bank Commonwealth (PTBC) for IDR 2.2 trillion.
INTP to increase production volume of Grobogan Cement
13 Nov 2023 18:49
PT Indocement Tunggal Prakarsa Tbk (INTP) is optimistic about increasing the production volume of PT Semen Grobogan (SGB) to 2.9 million tons of cement after its acquisition. The transaction to acquire all SGB shares will be completed by the end of November 2023.
