TINS to channel IDR 36.5 billion of loan to subsidiary
05 Feb 2024 11:01
PT Timah Tbk (TINS), a state-owned tin mining company, has reportedly allocated a short-term loan facility for one of its subsidiaries, PT DOK & Perkapalan Air Kantung (DAK).
Indomobil Sukses Internasional to distribute Foton truck in Indonesia
01 Feb 2024 12:20
PT Indomobil Sukses Internasional Tbk (IMAS), has signed a cooperation agreement regarding the distribution of Foton vehicles.
IMAS to conclude JV agreement with Autobacs Seven
17 Jan 2024 07:51
PT Indomobil Sukses Internasional Tbk (IMAS), a car manufacturer and distributor under Salim Group, has ended the joint venture (JV) agreement with Autobacs Seven Co., Ltd.
Pefindo lowers ZINC rating after default on bond debt
10 Jan 2024 15:12
Pemeringkat Efek Indonesia (Pefindo) has lowered the rating of Bond I Series E 2018 issued by PT Kapuas Prima Coal Tbk (ZINC), following the failure to pay the bond principal amounting to IDR 23 billion
DMMX to pair up with hotels and retails in AI-based smart retail
05 Jan 2024 18:25
PT Digital Mediatama Maxima Tbk (DMMX) has implemented an Artificial Intelligence (AI) based smart retail solution in several locations, including the Middle East, South America, and Southeast Asia.
LUCY seeks extra IDR 87.72 billion in a rights issue
04 Jan 2024 11:48
PT Lima Dua Lima Tiga Tbk (LUCY), the managing company of Lucy in The Sky bar, plans to collect fresh funds by increasing capital through pre-emptive rights, also known as rights issue.
SAPX signed shipping partnership contract with Semangat Logistik Andalan
06 Dec 2023 08:26
PT Satria Antaran Prima Tbk (SAPX), a logistics and shipping company, has signed a cooperation agreement regarding goods shipping with PT Semangat Logistik Andalan (SLA).
Despite recording loss, AKPI invests IDR 32 billion for expansion
27 Nov 2023 17:22
PT Argha Karya Prima Industry Tbk (AKPI), a chemical company operating since 1982, has established a subsidiary with an investment of IDR 32 billion.
Ulima Nitra signs IDR 439 billion new contract
23 Nov 2023 10:59
PT Ulima Nitra Tbk (UNIQ), an oil and gas and coal services company, has signed a contract worth IDR 439 billion with PT Bosowa Mining.
PDPP to give out bonus shares worth IDR 46.87 billion
21 Nov 2023 11:47
PT Primadaya Plastisindo Tbk (PPDP), a plastic packaging manufacturer, sets up bonus shares distribution worth IDR 46.87 billion.