Business slowing down, AIMS seeks investment outside coal mining
11 Dec 2023 14:18
PT Akbar Indo Makmur Stimec Tbk (AIMS), a coal trading company, is exploring new investments aside from its core business as its performance slows down.
Barito Renewables readies Sidrap Wind takeover from OMI
08 Dec 2023 17:10
PT Barito Renewables Energy Tbk (BREN), through one of its subsidiaries, PT Barito Wind Energy (BWE), has reached in-principle agreement with UPC Renewables Asia Pacific Holdings Pte. Ltd. and ACEN Renewables International Pte. Ltd. to acquire 100% of PT UPC Sidrap Bayu Energy (Sidrap).
Agus Salim Pangestu earns title the Best CEO in Basic Materials
07 Dec 2023 17:47
Tempo-IDNFinancials awarded Agus Salim Pangestu, CEO of PT Barito Pacific Tbk (BRPT), as the Best CEO in Basic Materials at the 2023 TOP CEO Awards at Sofitel Nusa Dua, Bali, last Friday (1/12).
PMJS and Mitsubishi established a subsidiary with IDR 34 billion investment
30 Nov 2023 09:32
PT Putra Mandiri Jembar Tbk (PMJS) and Mitsubishi Corporation (MC) through their respective subsidiaries, have established a new business entity with the name PT Digital Sumber Sejahtera Motor (DSSM).
ARNA to kick off Plant 6 construction in H2 2024
15 Nov 2023 18:07
PT Arwana Citramulia Tbk (ARNA) sets out to intitiate the construction of its sixth ceramic manufacturing plant (Plant 6) in West Java in the second half of 2024.
Barito Pacific targets fresh funds IDR 1 trillion through bond issuance
10 Nov 2023 05:52
PT Barito Pacific Tbk (BRPT) will issue Shelf Registration Bonds III Phase II in 2023, with a principal amount of IDR 1 trillion.
PTBA records profit IDR 3.90 trillion, declining 61.67%
31 Oct 2023 15:01
PT Bukit Asam Tbk (PTBA)'s profit shrank 61.67% in the third quarter of 2023, compared to the same period in 2022. This occurred in line with a decrease in revenue and an increase in the cost of revenue.
Mitrabara Adiperdana to set up IDR 300 billion for interim dividend
25 Oct 2023 08:34
PT Mitrabara Adiperdana Tbk (MBAP), a coal mining company under Baramulti Group, announces the plan of interim dividend distribution worth IDR 300.68 billion.
BYAN eyes production of 80 million MT in five years
18 Oct 2023 15:34
PT Bayan Resources Tbk (BYAN) is targeting coal production to reach 80 million metric tons (MT) in the next five years. This issuer also aims to score coals production and sales volume of 42 to 48 million metric tons (MT).
BKL to terminate mining license in Long Bangun, West Kutai
18 Oct 2023 14:37
PT Bara Karsa Lestari (BKL), an indirect subsidiary of PT Bayan Resources Tbk (BYAN), ended its Mining Business License over 7,000 hectares (Ha) of land in Long Bangun, West Kutai, East Kalimantan.
