Mitra Investindo establishes new subsidiary with IDR 2.5 billion investment
22 Oct 2024 09:59
PT Mitra Investindo Tbk (MITI) announced the establishment of a new subsidiary called PT Karana Mitra Logistik (KML).
DKFT to add limestone exploration into its business portfolio
18 Oct 2024 16:16
PT Central Omega Resources Tbk (DKFT), a trading and mining company, has reportedly acquired 100% of PT Bumi Bintang Silika (BBS), a limestone mining company based in North Morowali, Central Sulawesi.
Habco Trans Maritima to expand its fleet, acquiring carrier for USD 18 million
14 Oct 2024 08:55
PT Habco Trans Maritima Tbk (HATM), a company engaged in the logistics and shipping services, has acquired a new bulk carrier vessel for USD 13.8 million or IDR 226.6 billion.
Summarecon Agung to invest extra IDR 485.5 billion in subsidiary
10 Oct 2024 14:42
PT Summarecon Agung Tbk (SMRA) has channelled extra capital worth IDR 485.5 billion to one of its subsidiaries, PT Summarecon Property Development (SMPD).
Driving domestic economy, UOB Indonesia to boost foreign investment and export
25 Sep 2024 12:33
With growth projection of Indonesia’s economy in 2024 at 5.2%, Bank UOB Indonesia as the renowned regional bank, is ready to facilitate foreign direct investment (FDI) inflow to Indonesia whilst boosting export volume and portion in GDP.
CARS adds IDR 15 billion worth of investment to automotive business line
18 Sep 2024 08:24
PT Industri dan Perdagangan Bintraco Dharma Tbk (CARS) has increased capital investment in PT Sarana Bangun Raharja (SBR), a subsidiary engaged in the automotive sector.
Expanding factory in Cilegon, Nippon Shokubai Indonesia readies IDR 1.69 trillion
13 Sep 2024 10:51
Nippon Shokubai Indonesia, a petrochemical company that has been investing in Indonesia since 1996, is preparing IDR 1.69 trillion for factory expansion in Cilegon.
Artha Kencana Rayatama issues portion raise in AKRA
10 Sep 2024 09:24
PT Artha Kencana Rayatama (AKRT) has increased its portion in PT AKR Corporindo Tbk (AKRA) by acquiring 32.09 million shares.
SMLE to form subsidiary, investing IDR 2.5 billion
04 Sep 2024 13:56
PT Sinergi Multi Lestarindo Tbk (SMLE), a chemical wholesaler for food and cosmetic ingredient, announces the formation of a new subsidiary called PT Sinar Aroma Sentosa (SAS).
GRPM readies capex of IDR 20 billion to boost performance by 50%
03 Sep 2024 08:02
PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year.
