Expanding all business lines, Moratelindo to set up capex of IDR 1 trillion
10 months ago
PT Mora Telematika Indonesia Tbk (MORA), more popularly known as Moratelindo, is budgeting capital expenditure (capex) worth IDR 1 trillion for 2024.
Eyeing 7% growth, DVLA prepares capex of IDR 209 billion
10 months ago
PT Darya-Varia Laboratoria Tbk (DVLA) is reportedly preparing capital expenditure (capex) budget worth IDR 209 billion for 2024, which will mostly be allocated for expansion.
Optimistic, VAST targets 30% revenue growth
10 months ago
After concluding the acquisition of a warehouse in Tangerang last year, PT Vastland Indonesia Tbk (VAST), a developer focusing in logistics and warehousing, is targeting its revenue to grow 30% year-on-year (yoy) in 2024.
Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024
10 months ago
PT Metrodata Electronics Tbk (MTDL) prepares IDR 630 billion for its capital expenditure (capex) budget for 2024.
Starlink enters Indonesia, Mitratel reveals plans
10 months ago
PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, does not seem bothered with Starlink entering Indonesia’s premises, and is reported to have agreed upon partnership with this satellite connection provider owned by Elon Musk.
Establishing 4 new factories, CLEO to increase production by 1 billion litre per year
10 months ago
Bottled mineral water manufacturer of Cleo brand, PT Sariguna Primatirta Tbk (CLEO), plans to add 4 new factories this year to increase production capacity as market demand skyrockets.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
10 months ago
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
Eyeing 2T sales, Segar Kumala Indonesia to budget capex of IDR 16 billion
a year ago
After scoring fantastic revenue growth of up to 28.7% year-on-year (yoy) in 2023 to IDR 1.78 triliun, PT Segar Kumala Indonesia Tbk (BUAH), a fruit and frozen poultry wholesale company, aims to obtain sales of IDR 2 trillion, or growing 12.3% yoy until December this year.
Raising capex by 80%, KEJU aims for efficiency and restaurant chains supply
a year ago
In 2024, PT Boga Mulia Raya Tbk (KEJU), the Prochiz cheese manufacturer, will set up a capital expenditure (capex) budget of 80% higher than last year’s allocation.
BSML to allocate 55% of rights issue proceeds to capex
a year ago
The proceeds of right issue of PT Bintang Samudera Mandiri Lines Tbk (BSML) will be allocated into capital expenditure (55%) as well as obligation payment and working capital (45%).