Indika Energy to invest IDR 45 billion for EV battery production
29 Sep 2023 10:08
PT Indika Energy Tbk (INDY) has established a new subsidiary in the electric vehicle (EV) battery manufacturing segment, investing a total of IDR 45 billion.
GEMS’s subsidiary obtains credit facility of IDR 2.4 trillion from BRI
27 Sep 2023 15:22
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), or BRI, has channelled a jumbo credit facility of IDR 2.4 trillion to two subsidiaries of PT Golden Energy Mines Tbk (GEMS).
Harum Energy to take over Infei Metal Industri
27 Sep 2023 09:33
PT Harum Energy Tbk (HRUM), through two of its subsidiaries, have acquired the entire shares of PT Infei Metal Industri (IMI).
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).