ADMR booked 6% revenue growth, but profit declines
22 Aug 2023 11:49
PT Adaro Minerals Indonesia Tbk (ADMR) posted revenue of USD 463.60 million in the first half of 2023, 6% higher than USD 435.65 million seen in the same period in 2022.
HBAT to transfer club house project worth IDR 2.54 billion to affiliate
10 Aug 2023 17:33
PT Minahasa Membangun Hebat Tbk (HBAT), a real estate and property developer recently listed on Indonesia Stock Exchange (IDX), has allocated IDR 2.54 billion of the proceeds of the initial public offering (IPO) for club house construction project.
Gov’t cancels IDR 3 trillion of investment to WSKT
07 Aug 2023 14:05
The Indonesian government decided to cancel the domestic investment to PT Waskita Karya Tbk (WSKT), which, according to the initial plan, is worth IDR 3 trillion this year.
Brand-name drugs sales rose 14.9%, Phapros’s profit still declined
27 Jul 2023 15:58
Although its profit went down by almost 30% in the first half of 2023, PT Phapros Tbk (PEHA) managed to record an increase in brand-name drugs sales.
Minahasa Pembangunan Hebat offers 240.74 million shares in IPO
14 Jul 2023 15:54
PT Minahasa Pembangunan Hebat Tbk (HBAT), a real estate company from North Sulawesi, will release 240.74 million shares through an Initial Public Offering (IPO) on the Indonesia Stock Exchange.
Enhancing profitability, BYAN acquires Kariangau Power
03 Jul 2023 12:48
PT Bayan Resources Tbk (BYAN) and its subsidiary, PT Bayan Energy (BE), acquire the entire shares of PT Kariangau Power, owned together by Low Tuck Kwong, SLM Holding Pte Ltd (SLM), and Gallant Power Pte Ltd (Gallant).
Merdeka Battery Materials to loan USD 50 million for JV
21 Jun 2023 09:49
PT Merdeka Battery Materials Tbk (MBMA) has channelled credit facility of USD 50 million to PT Merdeka Tsingshan Indonesia (MTI), an indirect subsidiary through PT Batutua Pelita Investama.
Price declining, Low Tuck Kwong to acquire more of BYAN
09 Jun 2023 16:19
Low Tuck Kwong continues to raise his portion in PT Bayan Resources Tbk (BYAN) as the company’s stock price continues to decline since May 2023.
UNTR’s subsidiary to acquire 857 million shares of Nickel Industries
09 Jun 2023 10:20
PT Danusa Tambang Nusantara (DTN), a subsidiary of PT United Tractors Tbk (UNTR), signed the acquisition agreement over 857 million shares issued by Nickel Industries Limited (NIL), a company publicly listed on Australian Stock Exchange (ASX).
Q1 2023 performance slows down, PEHA to give out dividend
08 Jun 2023 17:33
PT Phapros Tbk (PEHA), a pharmaceutical product manufacturer, readies dividend of IDR 11.2 billion that will be taken out of its net profit in 2022.
