Multi Medika secures invoice financing of IDR 50 billion
22 May 2023 06:19
PT Multi Medika Internasional Tbk (MMIX) secures an invoice financing facility worth IDR 50 billion from PT Bank Aladin Syariah Tbk (BANK).
Transkon Jaya to spin-off its ISP division
17 May 2023 08:19
PT Transkon Jaya Tbk (TRJA) decides to spin-off its own internet service provider (ISP) business division, PACNet, that have been operating since 2011.
DANA is now available for use in Malaysia
09 May 2023 15:29
In order to strengthen the regional payment connectivity (RPC) in ASEAN countries, the digital wallet DANA is now available as a payment method for transactions in Malaysia.
Asia Agri International prepares IDR 35.5 billion for BEEF tender offer
09 May 2023 13:26
Asia Agri International Pte. Ltd. will hold a mandatory tender offer for 581.58 million shares or 30.86% of PT Estetika Tata Tiara Tbk (BEEF) shares.
Provident Warehouse invests IDR 430.57 billion in MMLP via tender offer
05 Apr 2023 12:29
Provident Warehouse Pte Ltd (PWH) will invest IDR 430.57 billion by purchasing a maximum of 861.14 million shares of PT Mega Manunggal Property Tbk (MMLP) via a tender offer starting yesterday (4/4) to (3/5).
Taking on new project, TRIN to secure IDR 15 billion shareholder loan
04 Apr 2023 13:35
PT Perintis Triniti Properti Tbk (TRIN) has acquired a loan facility from its shareholders worth a total of IDR 15 billion.
Post-tender offer, IBU’s portion in MITI rises
21 Mar 2023 15:54
The ownership percentage of PT Inti Bina Utama (IBU) rises 1,44% after arranging a mandatory tender offer (MTO) for shares of PT Mitra Investindo Tbk (MITI) last week (16/3).
Facilitating easier remittance, Wise pairs up with Bank Mandiri
02 Mar 2023 16:21
After its initial launch in Indonesia in 2020, Wise works fast in securing its first partnership with PT Bank Mandiri Tbk (BMRI) to provide easier cross-border money transfer service.
FIF’s credit distribution grew 3.4% to IDR 31.27 trillion in 2022
23 Feb 2023 10:32
PT Federal International Finance (FIF), a financing venture under Astra Group, managed to distribute consumer financing of IDR 31.27 trillion throughout 2022.
Securing facility from Bank Mandiri, RIGS to submit subsidiaries’ assets as guarantee
14 Feb 2023 12:19
PT Rig Tenders Indonesia Tbk (RIGS) has placed assets of one of its subsidiaries, PT Surya Indah Muara Pantai (SIMP), as a guarantee after signing a credit facility worth IDR 100 billion with PT Bank Mandiri (Persero) Tbk (BMRI).