OJK: 73 companies to raise funds in IDX
28 Feb 2023 13:04
Until last week (23/2), the funds raised in the capital market has hit IDR 35.8 trillion, gained by 17 new issuers. Furthermore, the number of investors is said to reach 10.60 million.
Maximus Insurance to establish sharia unit
27 Feb 2023 13:16
PT Asuransi Maximus Graha Persada Tbk (ASMI) or Maximus Insurance, will spin off a sharia business unit, establishing a sharia insurance company.
Eyeing 27% bauxite sales growth, Antam to focus on domestic
24 Feb 2023 16:31
PT Aneka Tambang Tbk (ANTM) or Antam is targeting to secure bauxite sales growth in 2023 of up to 27% despite the export restriction policy.
PGEO to raise installed capacity to 600 MW
24 Feb 2023 11:41
PT Pertamina Geothermal Energy Tbk (PGEO) is confident about the expansion of installed capacity of its geothermal power plants of 600 megawatts (MW) until 2027.
Astra Graphia booked 11.2% net profit growth in 2022
23 Feb 2023 11:22
PT Astra Graphia Tbk (ASGR) recorded a net profit of IDR 97.07 billion in 2022, shifting 11.2% year-on-year (yoy) or compared to its net profit in 2021 of IDR 86.46 billion.
FIF’s credit distribution grew 3.4% to IDR 31.27 trillion in 2022
23 Feb 2023 10:32
PT Federal International Finance (FIF), a financing venture under Astra Group, managed to distribute consumer financing of IDR 31.27 trillion throughout 2022.
BEEF to install obligations to 144 creditors
22 Feb 2023 10:55
PT Estetika Tata Tiara Tbk (BEEF) will make instalments to pay off its obligations to 144 creditors starting late March 2023.
MIDI’s shareholders agreed on two scheduled corporate actions
21 Feb 2023 11:02
The shareholders have given their approval for two upcoming corporate actions of PT Midi Utama Indonesia Tbk (MIDI), a stock split and a rights issue.
At default risk, Waskita now faces PKPU claim
21 Feb 2023 10:29
PT Waskita Karya (Persero) Tbk (WSKT) is currently facing a Suspension of Debt Payment Obligation (PKPU) lawsuit filed by PT Megah Bangun Baja Semesta (MBBS).
Barito Pacific’s affiliate to debut, seeking IDR 371.8 billion in IPO
21 Feb 2023 10:13
PT Petrindo Jaya Kreasi Tbk (CUAN), a coal mining company affiliated with PT Barito Pacific Tbk (BRPT), plans to issue 1.69 billion shares in its initial public offering (IPO).
