OJK launches new regulations, debt collectors may now collect from borrowers
16 Jan 2025 11:39
OJK now permits debt collection services for non-performing loans from online lending (pinjol) platforms operating through Peer-to-Peer (P2P) Lending
POSA injects capital into three subsidiaries
10 Jan 2025 14:03
“The capital increase was carried out through a debt-to-equity conversion mechanism in three subsidiaries: PT Tanjung Pinang Indah, PT Lahan Makmur Indah, and PT ABC Bali Laut.”
TGRA's recovery efforts: rights issue plans and acquisition
03 Jan 2025 15:39
TGRA's difficulties began with its undersubscribed IPO on May 15, 2017, where it raised only IDR 110 billion, far below the IDR 1.5 trillion needed for capital expenditures to build its five PLTMs.
IPO prospects of HGII: Renewable energy holding targeted by Japanese investors
03 Jan 2025 10:57
PT Hero Global Investment Tbk (HGII) has begun its Initial Public Offering (IPO) period today (3/1) until January 7, and the company will list its shares on Thursday, January 9, 2025.
OJK to takeover crypto asset supervisor role next week
03 Jan 2025 09:46
The transition of Bappebti from Ministry of Trading to OJK will not pose any major challenges.
Waskita Beton Precast to convert debt to boost equity
14 Nov 2024 08:21
PT Waskita Beton Precast Tbk (WSBP), a precast concrete manufacturer under PT Waskita Karya (Persero) Tbk (WIKA), announces its plan to increase capital without pre-emptive rights, or private placement, of 178.54 million shares.
Production falls, DSNG net profit skyrockets 72%
30 Oct 2024 11:35
Even though PT Dharma Satya Nusantara Tbk (DSNG)'s palm oil fresh fruit bunches (FFB) production decreased by 5.1% year-on-year (yoy), the company's revenue and net profit actually increased, supported by rising selling prices and falling fertilizer prices.
Bakrie & Brothers to convert IDR 855 billion debt to equity
23 Oct 2024 09:28
PT Bakrie & Brothers Tbk (BNBR), a holding company under Bakrie Group, is scheduling a capital increase without pre-emptive rights of 13.35 billion shares.
Jinxin Fertility Group takes part in Morula Indonesia, BMHS bags IDR 351.7 billion
26 Aug 2024 13:45
PT Morula Indonesia (MI), a subsidiary of PT Bundamedik Tbk (BMHS) engaged in in-vitro fertilisation (IVF), welcomes its newest shareholder, Jinxin Fertility Group (Jinxin).
Wijaya Karya to converts subsidiary’s debts to extra equity
14 Jun 2024 09:22
PT Wijaya Karya (Persero) Tbk (WIKA) has converted the debt of one of its subsidiaries, PT Wijaya Karya Industri Energi (WINNER), to extra capital, or debt-to-equity swap.
