SCCO to stock split at 1:4 ratio
04 Mar 2024 16:01
Shareholders of PT Supreme Cable Manufacturing & Commerce Tbk (SCCO) agree upon the stock split plan with a ratio of 1:4, meaning that 1 share will be split into 4 shares with the same value.
Stock-based plan dominates unit-linked life insurance products
04 Mar 2024 14:05
The stock-based unit-linked insurance plan, also known as stock-based unit-linked products become the most developed product within the industry.
HEAL to increase capex by 67%, mostly allocated to hospital expansion
01 Mar 2024 16:00
PT Medikaloka Hermina Tbk (HEAL), the managing company of Hermina hospital network, is allocating capital expenditure (capex) of approximately IDR 2 trillion for 2024.
Multitrend Indo to transfer out 23.3 million treasury shares
01 Mar 2024 09:16
PT Multitrend Indo Tbk (BABY), a retailer of several child and infant products’ brands, will issue a sale of shares gained from a buyback or treasury stock sale of 23.3 million shares.
SIMP net profit slips 39%
29 Feb 2024 18:12
PT Salim Ivomas Pratama Tbk (SIMP) recorded a 39% decline in net profit throughout 2023 due to the decline in the average price of palm oil products. CPO production volume fell 4% to 708 thousand tons and Fresh Fruit Bunches (FFB) fell 1% to 2.78 million tons.
Panca Mitra Multiperdana to issue 258.83 million shares in private placement
29 Feb 2024 10:13
PT Panca Mitra Multi Perdana Tbk (PMMP), a company engaged in shrimp processing and wholesale trading industry, will issue a capital increase without pre-emptive rights, also known as a private placement.
Wood segment faced downturn, DSNG's profit down 30% in 2023
29 Feb 2024 10:05
PT Dharma Satya Nusantara Tbk (DSNG), a palm plantation and wood manufacturing company, reported net profit of IDR 841.7 billion in 2023, which was 30% lower than IDR 1,2 trillion set in 2022.
Tiktok acquiring 75% Tokopedia: GOTO’s gain or loss?
28 Feb 2024 11:49
After becoming the public’s hot topic since late 2023, PT GOTO Gojek Tokopedia Tbk (GOTO) finally sent official words regarding the acquisition of Tokopedia by the giant video platform from China, Tiktok.
Astra net profit jumps 17%, ready to distribute dividend IDR 421 per share
27 Feb 2024 18:47
PT Astra International Tbk (ASII) recorded a consolidated net profit of IDR 33.84 trillion by the end of 2023. The growth in profit performance was dominated by the infrastructure and logistics, financial services, and automotive business lines.
Citra Borneo Utama secured credit facility of IDR 1 trillion from BRI
27 Feb 2024 13:04
PT Citra Borneo Utama Tbk (CBUT), the issuer engaged in the downstream process of palm refinery sector, has obtained a credit facility from PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) or BRI worth IDR 1 trillion.
