Modalku Group reinforced by debt funding facility of USD 27 million
26 Sep 2023 11:57
Modalku Group managed to secure a debt funding facility worth USD 27 million, or approximately IDR 414 billion, from three institutional donors.
JAWA will convert IDR 1.24 trillion of debt into shares
14 Sep 2023 20:35
PT Jaya Agra Wattie Tbk (JAWA) announced plans to convert part of its debt with a total value of IDR 1.24 trillion into shares, through additional capital without granting pre-emptive rights (PMTHMETD).
Kicking off U-Solar 2.0, UOB Indonesia asks for government’s cooperation
25 Jul 2023 16:49
PT Bank UOB Indonesia introduces U-Solar 2.0 program, which is projected to be the catalyst in solar energy utilisation, for both corporate and individual users.
Supporting FPSA project, OASA plans private placement of 634.7 million shares
20 Jun 2023 18:34
PT Maharaksa Biru Energi Tbk (OASA), a new and renewable energy (NRE) company under the command of Bobby Gafur Umar, is getting ready for a capital increase without pre-emptive rights, also known as private placement, of 634.7 million units of common shares.
PICO to convert debts of IDR 173.37 billion to equity via private placement
17 May 2023 11:19
PT Pelangi Indah Canindo Tbk (PICO) will convert its debts to Eternal Nation Capital Limited (ENCL) to equity through a capital raise without pre-emptive rights or private placement.
WSBP initiates first round of debt repayment
27 Mar 2023 16:12
PT Waskita Beton Precast Tbk (WSBP) officially makes the first instalment of financial obligations repayment to its creditors on March 27, 2023.
Raising production capacity, ARNA to set up 3 new plants by 2025
09 Mar 2023 17:52
PT Arwana Citramulia Tbk (ARNA) has officially begun the construction of Plant 4C in Ogan Ilir, South Sumatra. The groundbreaking ceremony of this new plant was led by Herman Deru, Governor of South Sumatra, earlier this week, on March 7, 2023.
Aiding subsidiary, EBT to channel IDR 23.59 billion
17 Jan 2023 06:07
PT Energi Baru TBS (EBT) has channelled IDR 23.59 billion worth of capital to assist PT Kreasi Terbarukan TBS (KTT) to take on new and renewable energy (NRE) sector.