Alakasa Industrindo to divest subsidiary for IDR 10.89 billion
08 Nov 2023 15:22
PT Alakasa Industrindo Tbk (ALKA), a metal and mineral processing and trading company, has sold off one of its subsidiaries, PT Alakasa Alumina Refineri (AAR)
Lawson Indonesia receives capital injection IDR 70 billion from MIDI
03 Nov 2023 15:16
PT Midi Utama Indonesia Tbk (MIDI), a retail issuer that owns a network of minimarkets and supermarkets in Indonesia, has distributed a capital injection worth IDR 70 billion to one of its subsidiaries, namely PT Lancar Wiguna Sejahtera (LWS).
Federal International Finance targets IDR 1.1 trillion fresh fund through bond issuance
31 Oct 2023 20:14
PT Federal International Finance (FIF), a subsidiary of PT Astra International Tbk (ASII) which operates in the financing sector, will issue Shelf Registration Bonds VI FIF Phase II in 2023.
Focusing on improving profits, ASSA recorded IDR 118.27 billion net profit in 9M 2023
30 Oct 2023 16:08
PT Adi Sarana Armada Tbk (ASSA), an issuer in the transportation and logistics sector, has posted a net profit of IDR 118.27 billion during January-September (9M) 2023.
Opening 10 new theatres, CNMA’s revenue up by 15.5% yoy
30 Oct 2023 10:08
PT Nusantara Sejahtera Raya Tbk (CNMA), a managing company of Cinema XXI network, had established 10 new theatres until September 30, 2023.
Public Works and Housing need separate ministries
27 Oct 2023 12:45
The Ministry of Public Works and Ministry of Public Housing are said to be supposedly split into two separate entities in order to optimise the effort to lower housing backlog.
As of September, trade balance recorded surplus of US$ 3.42 billion
16 Oct 2023 12:41
Non-oil and gas commodities contributed the most to Indonesia's trade balance surplus as of September, which amounted to US$ 3.42 billion. With this achievement, it means that Indonesia has recorded a surplus for 31 consecutive months, from May 2020 to September 2023.
VKTR Teknologi to form JV alongside shareholder
11 Oct 2023 14:15
PT VKTR Teknologi Indonesia Tbk (VKTR), an electric vehicle (EV) company under Bakrie Group, has established a joint venture (JV) with one of its shareholders, PT Kuantum Akselerasi Indonesia (KAI).
Expecting capital, STRK's subsidiaries to seek beer machine vendors
11 Oct 2023 11:46
PT Lovina Industri Sukses (LIS), a subsidiary of PT Lovina Beach Brewery Tbk (STRK), will receive extra capital of IDR 64.58 billion prepared for working capital
Jucy Juliana acquired 12.81% of LAPD
03 Oct 2023 11:45
Jucy Juliana now owns 12.81% of PT Leyand International Tbk (LAPD) through a transaction held on August 1, 2023.
