Merdeka Battery acquires USD 175 million loan
30 May 2023 08:45
PT Merdeka Battery Materials Tbk (MBMA) secures a loan worth USD 175 million from PT Merdeka Copper Gold Tbk (MDKA) to enhance its working capital and fund operational activities.
Mandom Indonesia to stock split, setting ratio to 1:2
29 May 2023 11:36
PT Mandom Indonesia Tbk (TCID) will initiate a stock split with a ratio of 1:2.
BNP Paribas AM to launch ESG Equity Mutual Fund
24 May 2023 11:16
PT BNP Paribas Asset Management (AM) officially introduces ESG Equity Mutual Fund to the public with an intention of driving investors’ participation in creating sustainable and inclusive economic system.
PLN scored 197% profit growth in Q1 2023
22 May 2023 10:29
PT Perusahaan Listrik Negara (Persero) or PLN managed to collect net profit of IDR 16.04 trillion in the first quarter of 2023.
TUGU to stock split, setting up 1:2 ratio
19 May 2023 06:06
The shareholders of PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) agreed upon the stock split plan, setting up the ratio to 1:2 or splitting one old share of IDR 100 each to two units of IDR 50 per share.
Bank Amar Indonesia to repurchase shares for IDR 120 billion
15 May 2023 07:09
PT Bank Amar Indonesia Tbk (AMAR) announces its buyback plan, repurchasing 2% of its outstanding shares at most.
TMAS to stock split with ratio 1:10
12 May 2023 16:05
PT Temas Tbk (TMAS) to carry out a stock split with a ratio of 1:10 or for every holder of an old share, it will be exchanged for 10 new shares.
Link Net and XL Axiata join hands for FBB and FMC
10 May 2023 10:23
PT Link Net Tbk (LINK) and PT XL Axiata Tbk (EXCL) pairs up in a collaboration to enhance the penetration of Fixed Broadband (FBB) and Fixed Mobile Convergence (FMC) services in Indonesia within the next five years.
PermataBank starts 2023 with increase in profit and strengthening capital
08 May 2023 17:35
PT Bank Permata Tbk (BNLI) managed to start 2023 well, recording a net profit of IDR 756 billion at the end of the first quarter of 2023, up slightly from IDR 750 billion in the first quarter of 2022.
Credit distribution grew, Bank KB Bukopin's revenue shifted 23.5%
05 May 2023 17:54
PT Bank KB Bukopin Tbk (BBKP) booked an interest income increase of 23.5% year-on-year (yoy) to IDR 1.1 trillion in the first quarter of 2023.
