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.
Q3 saw deficit increase in current account by 86% yoy
21 Nov 2024 15:07
Current account deficit was reported at USD 2.15 billion in Q3 2024, increasing 86% year-on-year (yoy) from USD 1.15 billion.
Net profit soaring 59% in 9M 2024, Citra Tubindo grows optimistic
21 Nov 2024 10:45
PT Citra Tubindo Tbk (CTBN), an service and facility provider for oil and gas industry, posted net profit of USD 18.46 million within the first nine months (9M) of 2024.
LEAD to pay USD 20 million loan
18 Nov 2024 16:03
PT Logindo Samuderamakmur Tbk (LEAD) will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each.
Smartfren and subsidiary to sign syndicated loan agreement of IDR 10 trillion
18 Nov 2024 13:49
PT Smartfren Telecom Tbk (FREN), one of the biggest telecommunication service providers in Indonesia, has signed a syndicated loan agreement with a subsidiary and several banks.
Gajah Tunggal secures syndicated loan of IDR 4.4 trillion
18 Nov 2024 13:12
PT Gajah Tunggal Tbk (GJTL), a tyre manufacturer known with brands like GT Radial and IRC, has signed a syndicated loan facility from several banks worth IDR 4.4 trillion.
Know more about Wamildan Tsani Panjaitan, Garuda Indonesia’s new CEO
18 Nov 2024 10:08
The Ministry of State-Owned Enterprises (SOEs) has appointed Captain Wamildan Tsani Panjaitan as the President Director of PT Garuda Indonesia (Persero) Tbk (GIAA), replacing Irfan Setiaputra.
