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.
Moody’s maintain sovereign credit rating of Indonesia at Baa2
17 Apr 2024 11:17
Moody’s is said to maintain sovereign credit rating of Indonesia at Baa2 on April 16, 2024. This rating is one level higher than the investment grade, with a stable outlook.
HERO filed PKPU against J.Co Donut & Coffee
17 Apr 2024 10:35
PT Hero Supermarket Tbk (HERO) has reportedly filed a Suspension of Debt Payment Obligation (PKPU) lawsuit in Commercial Court of Central Jakarta.
Waskita Fim Perkasa Realti restructure its loan to BTN
17 Apr 2024 07:53
PT Waskita Fim Perkasa Realti (WFPR), one of many subsidiaries of PT Waskita Karya (Persero) Tbk (WSKT), has signed a credit restructuring agreement with PT Bank Tabungan Negara (Persero) Tbk (BBTN).
Waskita Beton Precast secured new contracts of IDR 1.03 trillion in Q1 2024
16 Apr 2024 12:08
PT Waskita Beton Precast Tbk (WSBP), a precast concrete manufacturer under PT Waskita Karya (Persero) Tbk (WSKT), has secured new contracts worth IDR 1.03 trillion as of Q1 2024.