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.
LUCY to acquire two companies
03 Jan 2024 14:31
PT Lima Dua Lima Tiga Tbk (LUCY), a restaurant chain managing company, will acquire 51% of PT Kreasi Sejahtera Bahagia (KSB) and 54% of PT Graha Senopati Sentosa (GSS).
Adaro Minerals to inject IDR 376.7 billion of capital to subsidiary
03 Jan 2024 09:31
PT Adaro Minerals Indonesia Tbk (ADMR), a coal mining company under Adaro Group, has channelled an extra capital of IDR 376.7 billion to one of its subsidiaries, PT Alam Tri Cakra Indonesia (ATCI).
ERAA to channel extra capital to maintain portion at Teknologi Belanja Digital
02 Jan 2024 09:38
PT Erajaya Swasembada Tbk (ERAA), through one of its subsidiaries, Eraspace Pte. Ltd., has channelled additional capital to PT Teknologi Belanja Digital (TBD) in order to keep its stock ownership.
