Erafone to extend credit facility secured from Bank CTBC
15 Feb 2024 10:20
PT Erafone Artha Retailindo (EAR), as known as Erafone, a subsidiary of PT Erajaya Swasembada Tbk (ERAA), has signed a credit facility extension with PT Bank CTBC Indonesia.
SMGA sets IPO price at IDR 105 per share
24 Jan 2024 10:07
PT Sumber Mineral Global Abadi Tbk (SMGA), a nickel ore and coal trading company, has set its Initial Public Offering (IPO) share price at IDR 105 per share.
Istaka Karya to transfer shares in JKC to Jasa Marga
23 Jan 2024 10:02
PT Jasa Marga (Persero) Tbk (JSMR) has acquired the shares of PT Istaka Karya (Persero) in its subsidiary, PT Jasamarga Kunciran Cengkareng (JKC).
Expanding business, UFOE spent IDR 4.5 billion of investment
15 Jan 2024 21:03
PT Damai Sejahtera Abadi Tbk (UFOE), a retail company for electronic appliances, has formed a new subsidiary in Tangerang, West Java.
RICY completes downsize of distribution business lines
12 Jan 2024 15:19
PT Ricky Putra Globalindo Tbk (RICY) closed its subsidiary, PT RT Mahkota Globalindo (RTM), which operates in the distribution sector. Previously, this issuer had 12 subsidiaries in the garment product distribution line.
United Bike’s manufacturer to debut, issuing 1.66 billion shares next month
11 Jan 2024 14:26
PT Terang Dunia Internusa Tbk (UNTD), the United Bike manufacturer, will hold its initial public offering (IPO) by issuing 1.66 billion shares.
Inflation to skyrocket in April 2024
11 Jan 2024 10:19
Inflation in April 2024 will soar compared to February and May 2024.
Lawson Indonesia to receive more capital, this time IDR 100 billion
09 Jan 2024 09:22
PT Lancar Wiguna Sejahtera (LWS), the managing company of Lawson outlets in Indonesia, has been granted extra capital worth IDR 100 billion from its shareholders.
Pushing for efficiency, MDKA to rent heavy equipment from subsidiaries
04 Jan 2024 10:59
PT Merdeka Mining Indonesia (MMI), a subsidiary of PT Merdeka Copper Gold Tbk (MDKA), has signed a heavy equipment rental agreement with three other subsidiaries of MDKA.
United Tractors grants USD 30 million loan to subsidiary
03 Jan 2024 16:49
PT United Tractors Tbk (UNTR), a heavy equipment company under Astra Group, agreed upon the loan given to its subsidiary, PT Multi Prima Universal (MPU), worth USD 30 million.