Majukarya Mandiri gains control over 7.03% of ITMA
28 Nov 2024 17:57
PT Majukarya Mandiri Indonesia (MMI) now owns 7.03% of PT Sumber Energi Andalan Tbk (ITMA) following transaction concluded yesterday (26/11).
Three days straight, SCMA reigns as top foreign sell
28 Nov 2024 16:45
Foreign investors collectively divest their portions in PT Surya Citra Media Tbk (SCMA), the managing company of SCTV and Indosiar, reporting the highest net sell in the market throughout the past three days.
November 2024, Modalku recorded funding of IDR 65.15 trillion
26 Nov 2024 18:37
Modalku, a fintech P2P lending platform, recorded total crowdfunding of IDR 65.15 trillion until November 2024. The funds were realized in five countries, namely, Singapore, Malaysia, Indonesia, Thailand and Vietnam.
Prioritising core business, here's Waskita Karya's next year's strategy
26 Nov 2024 16:22
PT Waskita Karya (Persero) Tbk (WSKT), a state-owned construction company, has decided to refocus its business strategy on its core operations: construction services, particularly in building, dam and irrigation projects, as well as roads and bridges.
New contracts at 47% of target, Waskita still confident of reaching 100% in remaining two months
26 Nov 2024 13:40
PT Waskita Karya (Persero) Tbk (WSKT) recorded new contract values (NKB) of only IDR 6.8 trillion by the end of October 2024 (10M), still far from its annual target of IDR 14.5 trillion.
Expanding FTTH reach, WIFI to inject IDR 53.44 billion to subsidiary
25 Nov 2024 11:36
PT Solusi Sinergi Digital Tbk (WIFI), a digital advertising and network infrastructure, has injected extra capital to one of its subsidiaries, PT Dharma Sinar Semesta (DSS), in order to promote business development.
Debt-to-equity swap done, WSBP welcomes 9 shareholders
25 Nov 2024 10:38
PT Waskita Beton Precast Tbk (WSBP) has been concluding debt-to-equity swap with 9 creditors via private placement phase III last Wednesday (20/11).
Raising funds, Kredit Plus to issue IDR 500 billion bond
22 Nov 2024 11:21
PT KB Finansia Multi Finance, the managing company of Kredit Plus, is offering Shelf-Registration Bond I Phase I Year 2024 of IDR 500 billion starting from yesterday (21/11) until next week (3/2).
Aiming for double-digit growth, LTLS’s logistics line secures IDR 40 billion loan
22 Nov 2024 09:19
PT Cipta Mapan Logistik (CML), a logistics service unit under PT Lautan Luas Tbk (LTLS), has reportedly acquired a financing facility of IDR 40 billion from its affiliated company.
Negotiation fails, Maybank to auction off DFAM’s land
21 Nov 2024 15:55
PT Bank Maybank Indonesia Tbk (BNII) will reportedly put land and building of PT Dafam Mambo International (DMAM), a subsidiary of PT Dafam Property Indonesia Tbk (DFAM), in auction.