Low Tuck Kwong gains 60.96% control over BYAN
26 Jan 2023 05:07
Low Tuck Kwong, together with his son, Low Yi Ngo, have acquired 2.6 million shares of PT Bayan Resources Tbk (BYAN).
ATIC postpones approval for divestment of its subsidiary
25 Jan 2023 15:18
The approval for the restructuring of a subsidiary of PT Anabatic Technologies Tbk (ATIC) has been delayed due to the cancellation of the planned Extraordinary General Meeting of Shareholders (EGMS) on Friday (27/1).
SMDR to split stock with 1:5 ratio
25 Jan 2023 10:11
PT Samudera Indonesia Tbk (SMDR) will initiate a stock split with a ratio of 1:5, dividing the share of IDR 25 each to IDR 5.
Diversifying, INDY to acquire 46% of essential oil manufacturer
25 Jan 2023 06:43
PT Indika Energy Tbk (INDY) is diversifying and branching out to the essential oil industry through its subsidiary, PT Indika Multi Properti (IMP), which has acquired 46% of PT Natura Aromatik Nusantara (NAN).
In December 2022, banks distributed IDR 6.38 quadrillion in credit
24 Jan 2023 14:41
Distribution of bank loans in December 2022 reached IDR 6.38 quadrillion, growing 11% from December 2021.
LEAD issues Bank Guarantee to secure new contract
24 Jan 2023 14:19
PT Logindo Samudramakmur Tbk (LEAD) has issued a Bank Guarantee facility at PT Servewell Offshore to secure a new shipping contract.
Lending expected to grow in first quarter of 2023
20 Jan 2023 15:08
New credit disbursement in the first quarter of 2023 is expected to grow in line with the easing of lending policies.
Following Bank Sumut, Bank DKI reportedly eyeing IDR 3 trillion IPO
20 Jan 2023 15:04
PT Bank DKI, a Regional Owned Enterprise (BUMD) owned by the Provincial Government of DKI Jakarta, is reportedly eyeing an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).
Bank Syariah Indonesia to boost MSME financing this year
20 Jan 2023 14:47
PT Bank Syariah Indonesia Tbk (BRIS) targets financing for Micro, Small and Medium Enterprises (MSMEs) in 2023 to grow up to 18-20% on an annual basis or year-on-year (yoy).
Sampoerna ready to launch IQOS, aiming for export
17 Jan 2023 08:22
PT Hanjaya Mandala Sampoerna Tbk (HMSP), a cigarette manufacturer with the highest market capitalisation in Indonesia, has officially established the production facility of smoke-free tobacco products in Karawang, West Java.