Bank Mayapada aims for IDR 4 trillion in rights issue
15 Jan 2024 16:57
PT Bank Mayapada Internasional Tbk (MAYA) seeks fresh funds of IDR 4 trillion through the capital increase with preemptive rights, also known as rights issue.
MLPT’s subsidiary obtains IDR 162.61 billion loan from Bank Permata
10 Jan 2024 16:09
PT Visionet Data Internasional (VDI), a subsidiary of PT Multipolar Technology Tbk (MLPT) providing IT managed services, has signed a credit agreement with PT Bank Permata Tbk (BNLI).
HBAT realises 78.95% of IPO proceeds
10 Jan 2024 11:09
PT Minahasa Membangun Hebat Tbk (HBAT) has realised 78.95% of the proceeds of Initial Public Offering (IPO) on August 7, 2023.
BI confident CPI to arrive at 2.5% this year
04 Jan 2024 15:37
Bank Indonesia (BI) is optimistic that the inflation of Consumer Price Index (CPI) will arrive at 2.5%-3.5% year-on-year (yoy) this year, following a solid synergy with government (central and regional).
Bank Woori to set up interim dividend of IDR 171.36 billion this January
02 Jan 2024 11:51
PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) agrees upon the plan of interim dividend distribution for the fiscal year 2023, with total allocation of IDR 171.36 billion, on January 26, 2024.
Supporting subsidiary, Mahkota Group to put IDR 150 billion as collateral
02 Jan 2024 09:50
PT Mahkota Group Tbk (MGRO), a palm plantation company, has granted deposit guarantee worth IDR 150 billion to creditors for the credit facility received by one of its subsidiaries, PT Intan Sejati Andalan (ISA).
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.
BCAP eyes IDR 260 billion through bonds’ issuance
28 Dec 2023 09:44
PT MNC Kapital Indonesia Tbk (BCAP) will issue its Shelf-Registration IV Phase I Year 2023 with principal of IDR 260 billion.
Transforming business, Bank KB Bukopin confident on 15% credit surge in 2024
22 Dec 2023 10:50
PT Bank KB Bukopin Tbk (BBKP), a private bank, now under KB Financial Group from South Korea, aims for new credit growth of 15% in 2024, which will be supported by the wholesale segment and Korean business ecosystem.
Maspion Bank sets vision to become the 20 largest bank in Indonesia by 2027
19 Dec 2023 15:23
Maspion Bank has set a new vision and mission to become a top 20 bank in Indonesia by 2027. To achieve this goal, the bank whose majority shares are now owned by Kasikorn Vision Financials Company Pte/Ltd (KVF) has set a number of strategies to achieve high growth and sustainable income.
