McMahon Holding to manage INDY’s gold mine in South Sulawesi
13 Jan 2025 07:52
The mining contract will span seven years, with an option to extend for an additional five years.
Pertamina to acquire 20% stake in Philippine renewable energy firm
12 Jan 2025 12:08
Pertamina is projected to spend approximately USD 115 million for CREC acquisition.
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.
JCI moved up 1.61% to 7,096.45 supported by BBRI and BMRI
24 Dec 2024 05:43
The Composite Stock Price Index (JCI) closed up 1.61% or 112.58 points to 7,096.45 on Monday (23/12).
Govt to collaborate with IPP to reach renewable energy mix target
19 Dec 2024 15:35
The Indonesian government together with PT Perusahaan Listrik Negara (Persero) or PLN, are trying to achieve the new realization of New Renewable Energy (EBT) which is targeted at 17.87%.
Down 6.12% in a week, BUMI lowers production target
09 Dec 2024 08:46
PT Bumi Resources Tbk (BUMI) announced the revised coal production target to 76-78 million ton throughout 2024 from the previous 78-82 million ton.
Dividend announced, yet foreign investors shy away from ADRO
28 Nov 2024 10:23
Foreign investors still ride the trend of divesting shares of PT Alamatri Resources Indonesia Tbk (ADRO) reported net sell of 152.96 million shares within the last 7 days of transaction.
Divesting 2 PLTU, investors on the look for TOBA
28 Nov 2024 06:00
The plan of PT TBS Energi Utama Tbk (TOBA) to divest its subsidiaries, PT Gorontalo Listrik Perdana (GLP) and PT Minahasa Cahaya Lestari (MCL), triggers positive response from foreign investors.
SGER signed 500 thousand MT coal supply contract of to Vietnam
22 Nov 2024 11:05
PT Sumber Global Energy Tbk (SGER), a coal mining company, has obtained a contract of coal supply to Vietnam of 500,000 metric tons (MT).
MNC Energy Investments to initiate rights issue of 20.19 billion shares
12 Nov 2024 09:32
PT MNC Energy Investments Tbk (IATA) will increase capital through pre-emptive rights, also known as rights issue, through the issuance of 20.19 billion new shares.
