Official, shareholders approve INAF’s 50%-of-assets guarantee
16 Jan 2024 10:27
The shareholders of PT Indofarma Tbk (INAF) has agreed upon the guarantee of over 50% of net assets of the company as a collateral for the company’s obligation.
Buana Finance bags IDR 100 billion credit facility from Bank QNB Indonesia
15 Jan 2024 10:20
PT Buana Finance Tbk (BBLD), a consumer finance company, has signed a credit facility agreement with PT Bank QNB Indonesia Tbk (BKSW).
APG and ADIA team up with INA in funding 2 sections of Trans Jawa Toll Road
11 Jan 2024 20:14
APG Asset Management NV (APG) and the Abu Dhabi Investment Authority (ADIA) have followed up on the memorandum of understanding signed in 2021, to invest in the Trans Jawa Toll Road together with the Indonesia Investment Authority (INA).
MAYA seeks IDR 4.01 trillion via rights issue
02 Jan 2024 17:40
PT Bank Mayapada Internasional Tbk (MAYA) is eyeing to raise IDR 4.01 trillion via rights issue of 26.74 billion series B shares of IDR 100 each.
Refinancing and investment, DOID subsidiary secures US$ 750 million facility from BNI
02 Jan 2024 16:11
A subsidiary of PT Delta Dunia Makmur Tbk (DOID), PT Bukit Makmur Mandiri Utama (BMMA), has received a loan facility from PT Bank Negara Indonesia (Persero) Tbk worth US$750 million.
Transforming business, Bank KB Bukopin confident on 15% credit surge in 2024
22 Dec 2023 10:50
PT Bank KB Bukopin Tbk (BBKP), a private bank, now under KB Financial Group from South Korea, aims for new credit growth of 15% in 2024, which will be supported by the wholesale segment and Korean business ecosystem.
FREN to sell idle assets for IDR 544.21 billion to SMPlus
22 Dec 2023 09:51
PT Smartfren Telecom Tbk (FREN), a wireless telecommunication service provider under Sinarmas Group, will divert unoptimized assets (idle) to PT SMPlus Sentra Data Persada.
AGII secures syndicated loan from 4 banks
20 Dec 2023 12:21
A gas company, PT Samator Indo Gas Tbk (AGII) acquires a syndicated loan from 4 banks worth IDR 4.6 trillion. This loan is set to a tenor of 84 month or 7 years, and consists of 4 types of facilities that will be used for refinancing and business expansion.
HRTA signs gold export MoU worth USD 30.02 million with Brights Metal Refiners
20 Dec 2023 06:27
PT Hartadinata Abadi Tbk (HRTA), a gold jewellery manufacturer and trading company, has signed a Memorandum of Understanding (MoU) of gold jewellery export with Bright Metal Refiners (BMR).
MORA to issue Sukuk Ijarah 2024 for refinancing and investment
18 Dec 2023 13:03
PT Mora Telematika Indonesia Tbk (MORA) will issue Shelf-Registration Sukuk Ijarah II Phase II Year 2024 worth IDR 750 billion, which will be used as means of refinancing and investment.
