Controlling shareholder increases stake in ALKA by 15%
07 Jan 2025 13:20
PT Alakasa Industrindo Tbk (ALKA), a company operating in the metal and aluminum sector, announced that PT Gesit Perkasa has increased its shareholding to 15%.
Borneo Logistik Indonesia divests 1.74 billion shares of Ancara Logistik Indonesia
07 Jan 2025 11:31
The shares were not transferred very far, as on the same date, an acquisition of 1.74 billion shares was made by Borneo Logistics Services Pte Ltd (BLS).
Leo Andyanto increases stake in LAPD
06 Jan 2025 15:58
Leo Andyanto, the ultimate beneficial owner of the shares in PT Leyand International Tbk (LAPD), has increased his stake to 7.52% following a transaction on December 30, 2024
Modalku Group secures US$ 25 million from Cool Japan Fund
20 Dec 2024 11:26
Modalku Group, a peer-to-peer (P2P) lending platform, has secured an investment of US$ 25 million from Cool Japan Fund (CJF), equivalent to IDR 398 billion with an exchange rate of IDR 15,599 per USD 1.
Pemberton Asian Opportunities owns 6.29% stake in PZZA
17 Dec 2024 14:25
Pemberton Asian Opportunities Fund (PAOF) is known to have increased its share portion by 1.33% to 6.29% from the previous 4.96% in PT Sarimelati Kencana Tbk (PZZA), the manager of Pizza Hut outlets, in a transaction last week (12/12 ).
BMT gains additional 4.79% in FREN for IDR 571.40 billion
05 Dec 2024 16:03
PT Bali Media Telekomunikasi (BMT) is known to have raised its portion by 4.79% to 41.17% in PT Smartfren Telecom Tbk (FREN).
Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
Accelerating BSD City innovation, Living Lab Ventures to launch International Landing Pad
12 Sep 2024 23:05
Living Lab Ventures (LLV), corporate venture capital (VC) under Sinar Mas Lang, collaborates with the government of New South Wales (NSW), Australia, to introduce International Landing Pad in order to boost start-ups and companies from both countries to launch global expansion.
Q2 2024, international investment position saw net liabilities of USD 247.3 billion
04 Sep 2024 10:51
Indonesia’s international investment position (IIP) in the second quarter (Q2) of 2024 reported net liabilities of USD 247.3 billion, down from USD 253.9 billion in Q1 2024.
PALM eyes IDR 1.1 trillion in bond issuance
02 Sep 2024 15:30
PT Provident Investasi Bersama Tbk (PALM), an investment holding company, plans to issue Shelf-Registration Bond II Phase III Year 2024 with total principal of IDR 1.1 trillion.