Expanding to EV industry, INDY spent IDR 60 billion on new subsidiary
26 Sep 2023 11:33
PT Indika Energy Tbk (INDY) has reportedly established a new subsidiary, investing IDR 60 billion, to expand its business to electric vehicles (EV) industry.
INDY’s subsidiary granted USD 50 million loan from Bank DBS Indonesia
25 Sep 2023 15:03
A subsidiary of PT Indika Energy Tbk (INDY) has signed a credit facility agreement worth USD 50 million with PT Bank DBS Indonesia (DBS).
SGER to distribute IDR 590.47 billion in stock dividend
25 Sep 2023 14:05
PT Sumber Global Energy Tbk (SGER) will distribute stock dividends totaling 4.37 billion shares or worth IDR 590.47 billion.
Indika Energy to divest subsidiary for USD 218 million
25 Sep 2023 10:15
PT Indika Energy Tbk (INDY), one of the coal-mining giants in Indonesia, has divested its portion in PT Multi Tambangjaya Utama (MUTU) for a total transaction worth USD 281 million.
Barito Renewables Energy promises dividend payout of 60% post-IPO
18 Sep 2023 13:07
PT Barito Renewables Energy Tbk (BREN), a subsidiary of PT Barito Pacific Tbk (BRPT), plans to distribute cash dividend of up to 60% of its 2023 net profit.
Barito Pacific’s subsidiary to debut, offering 4.5 billion shares
15 Sep 2023 16:54
PT Barito Renewables Energy Tbk (BREN), a holding company under PT Barito Pacific Tbk (BRPT), will conduct its initial public offering (IPO) of 4.5 billion shares in Indonesia Stock Exchange (IDX).
Dian Swastatika Sentosa to raise portion in GEMS
25 Aug 2023 18:17
PT Dian Swastatika Sentosa Tbk (DSSA), an energy and infrastructure company under Sinarmas Group, has issued an increase of its portion in PT Golden Energy Mines Tbk (GEMS).
GEMS to hold interim dividend distribution of USD 325 million
24 Aug 2023 09:18
PT Golden Energy Mines Tbk (GEMS), a mining company under Sinarmas Group, is scheduling an interim dividend distribution of USD 325 million.
From Alpha JWC to Horizon Ventures, INDY’s subsidiaries secure investments
21 Aug 2023 17:22
Several renowned global investors, starting from Alpha JWC to Horizon Ventures, will reportedly make investments in three subsidiaries of PT Indika Energy Tbk (INDY).
Pertamina Geothermal to seek opportunities in Kenya’s geothermal business
18 Aug 2023 17:11
PT Pertamina Geothermal Energy Tbk (PGEO), an energy group under Pertamina Group, announces its commitment as a global company by expanding its geothermal business to Kenya, Africa.
