Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
MBMA to channel USD 200 million financing facility to subsidiary
19 Nov 2024 10:30
PT Merdeka Battery Materials Tbk (MBMA) has signed a financing facility with PT Merdeka Tsingshan Indonesia (MTI) worth up to USD 200 million.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
Merdeka Battery Materials to issue 10% new shares via private placement
30 Oct 2024 22:55
PT Merdeka Battery Materials Tbk (MBMA), a nickel mining issuer that supplies battery raw materials for electric vehicles, will carry out additional capital without providing pre-emptive rights (PMTHMETD) or private placement.
BUMA to secure mining service contract worth IDR 107.8 trillion
28 Oct 2024 13:35
PT Bukit Makmur Mandiri Utama (BUMA) has amended coal mining service contract involving PT Indonesia Pratama (IPR), a subsidiary of PT Bayan Resources Tbk (BYAN). BUMA is known to be the subsidiary of usaha PT Delta Dunia Makmur Tbk (DOID).
Sepatu Bata’s loss keep worsening, hit IDR 127.35 billion in H1 2024
07 Oct 2024 08:19
PT Sepatu Bata Tbk (BATA), a footwear manufacturer debuted on Indonesia Stock Exchange (IDX) circa 1982, booked a loss of IDR 127.35 billion in the first half (H1) of 2024.
Pefindo gives “idA” rating to Merdeka Battery Materials
04 Oct 2024 18:49
The Indonesian Securities Rating Agency (Pefindo) has assigned an "idA" rating to Bond II Year 2024 issued by PT Merdeka Battery Materials Tbk (MBMA), and confirmed the same rating for the bonds that have been issued.
ATIC subsidiary acquires Payrol Prima Indonesia shares
03 Oct 2024 14:06
PT Karyaputra Suryagemilang (KS), a subsidiary of PT Anabatic Technologies Tbk (ATIC), has purchased 3.04% or equivalent to 76 shares of PT Payrol Prima Indonesia.
Contract got extended, BUMA Australia rakes in AUD 200 million
25 Sep 2024 14:31
PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (DOID), obtains an extension for its mining service contract in Meandu Mine, Queensland, Australia, until 2026.
