Dima Investindo to gain control over 55% of KMDS
13 Sep 2024 10:47
PT Dima Investindo (DI) will acquire 55% of PT Kurniamitra Duta Sentosa Tbk (KMDS) owned by PT Miki Ojisan Indomitra (MOI). DI is not directly or indirectly affiliated with KMDS.
Komarudin Hidayat: Sharia banks can triumph supported by professionalism
11 Sep 2024 12:50
Prof. Dr. Komarudin Hidayat, Commissioner of PT Bank Syariah Indonesia Tbk (BRIS), believes that sharia banking industry in Indonesia still has potential to rapidly grow if accompanied with professionalism in its development.
LPGI plans a stock split with 1:10 ratio
10 Sep 2024 12:56
PT Lippo General Insurance Tbk (LPGI) will issue a stock split with a ratio set to 1:10, meaning that one old share will be split into 10 shares with new value.
Bank Panin to issue bond of IDR 3.91 trillion, coupon set to 7.25%
09 Sep 2024 17:27
PT Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion.
Cutthroat competition, Gojek withdraws from Vietnam
05 Sep 2024 11:52
PT GoTo Gojek Tokopedia Tbk (GOTO) finally decides to depart pull back from Vietnam, effective starting September 16, 2024, after operating since 2018.
Taking on investment management business, BBRI to work with European investment manager
03 Sep 2024 13:44
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has signed a Conditional Share Subscription Agreement (CSSA) with Amundi, an asset management company based in France.
WEGE seeks new contract target of IDR 5.1 T this year
30 Aug 2024 17:41
PT Wijaya Karya Bangunan Gedung Tbk (WEGE) is setting new contract target to IDR 5.1 trillion for 2024, relatively stagnant compared to new contract realisation per 2023, which also reached IDR 5.1 trillion.
Low Tuck Kwong transferred shares to Elaine Low
29 Aug 2024 14:37
Dato Low Tuck Kwong, the founder and shareholder of PT Bayan Resources Tbk (BYAN), reportedly transferred 22% of his shares to Elaine Low, his daughter.
Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024
29 Aug 2024 11:30
PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion.
BBRI pushes for user increase and seeks new growth engine
29 Aug 2024 11:16
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is preparing several strategies to attain sustainable business growth, starting from boosting the number of users and securing new growth engine.
