NISP to channel extra IDR 3 billion for security business
23 Apr 2024 15:16
PT Bank OCBC NISP Tbk (NISP), through PT OCBC NISP Ventura, has increased its investment in PT OCBC Sekuritas Indonesia.
Avoiding deficit, BUMI to plan quasi-reorganisation
23 Apr 2024 14:18
PT Bumi Resources Tbk (BUMI) will conduct quasi-reorganisation by eliminating the accumulated loss using its premium on stock.
Q1 ended, BCA distributed loan of IDR 835.7 trillion
23 Apr 2024 10:05
PT Bank Central Asia Tbk (BBCA) distributed credits of IDR 835.7 trillion in the first quarter (Q1) of 2024, growing 17.1% year-on-year (yoy).
MTEL net profit grew 3.98% yoy in first quarter
22 Apr 2024 13:46
PT Dayamitra Telekomunikasi Tbk (MTEL), a telecommunications infrastructure provider owned by PT Telkom Indonesia (Persero) Tbk (TLKM), posted a net profit of IDR 520.98 billion in the first quarter (Q1) 2024.
HERO to divest Hero Supermarket retail network
22 Apr 2024 11:57
PT Hero Supermarket Tbk (HERO) is divesting its retail business line, Hero Supermarket, for IDR 183 billion and sold it to PT Hero Retail Nusantara (HRN).
BUAH to open 2 cold storage facilities to improve distribution
19 Apr 2024 14:04
PT Segar Kumala Indonesia Tbk (BUAH), a retail specialised in selling various fruits, has established a significant number of cold storage facilities located in Pekanbaru and Samarinda.
WTR to raise IDR 7.5 billion capital for Waskita Sriwijaya Tol
19 Apr 2024 10:19
PT Waskita Toll Road (WTR), one of many subsidiaries of PT Waskita Karya (Persero) Tbk (WSKT) engaged in the toll road management, has reportedly channelled extra capital to PT Waskita Sriwijaya Tol (WST).
Hesitating on IKN, Prodia allocates 55% of capex to IT
18 Apr 2024 16:06
PT Prodia Widyahusada Tbk (PRDA) has prepared moderate amount of capital expenditure (capex) in 2024, worth a maximum of IDR 250 billion.
Restructuring business, UNTR to divest some subsidiaries
18 Apr 2024 07:12
PT United Tractors Tbk (UNTR), an Astra Group company, has divested some of the shares of its subsidiaries as a means of restructuring to support the company's sustainable vision in reducing carbon emission.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.
