Indika Energy to divest subsidiary to Barito Group
01 Oct 2024 08:27
PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL).
Indika Energi’s subsidiary to establish new subsidiary, investing IDR 6.25 billion
12 Aug 2024 11:02
PT Indika Energi Tbk (INDY), through two of its subsidiaries, PT Kalista Soter Hastia (KSH) and PT Kalista Nusa Armada (KNA), will form a new subsidiary with total investment worth IDR 6.25 billion.
Indika Energy’s net profit plummeted 76.6% in the first half
01 Aug 2024 12:53
PT Indika Energy Tbk (INDY) only managed to record net profit of USD 21.01 million in the first half (1) of 2024, down 76.6% year-on-year (yoy) from the same period last year.
Indika Energy’s subsidiary repurchases bonds worth USD 33.87 million
22 Nov 2023 10:31
Indika Energy Capital IV Pte. Ltd., one of many subsdiaries of PT Indika Energy Tbk (INDY), has completed the buyback of some of its bonds worth USD 33.87 million.
Indika Energy to invest IDR 45 billion for EV battery production
29 Sep 2023 10:08
PT Indika Energy Tbk (INDY) has established a new subsidiary in the electric vehicle (EV) battery manufacturing segment, investing a total of IDR 45 billion.
Expanding to EV industry, INDY spent IDR 60 billion on new subsidiary
26 Sep 2023 11:33
PT Indika Energy Tbk (INDY) has reportedly established a new subsidiary, investing IDR 60 billion, to expand its business to electric vehicles (EV) industry.
INDY’s subsidiary granted USD 50 million loan from Bank DBS Indonesia
25 Sep 2023 15:03
A subsidiary of PT Indika Energy Tbk (INDY) has signed a credit facility agreement worth USD 50 million with PT Bank DBS Indonesia (DBS).
Indika Energy to divest subsidiary for USD 218 million
25 Sep 2023 10:15
PT Indika Energy Tbk (INDY), one of the coal-mining giants in Indonesia, has divested its portion in PT Multi Tambangjaya Utama (MUTU) for a total transaction worth USD 281 million.
From Alpha JWC to Horizon Ventures, INDY’s subsidiaries secure investments
21 Aug 2023 17:22
Several renowned global investors, starting from Alpha JWC to Horizon Ventures, will reportedly make investments in three subsidiaries of PT Indika Energy Tbk (INDY).
Indika Energy to sign syndicate credit agreement worth USD 250 million
07 Mar 2023 10:22
PT Indika Energy Tbk (INDY) has signed the credit facility agreement worth USD 250 million, whose facility will be utilised to develop its gold mining project.
