CASS succeeds in restructuring debts
30 Dec 2024 16:17
PT Cardig Aero Service Tbk (CASS) is known to have reached an agreement regarding the reduction of loan interest from its debtor, PT Cardig Asset Management (CAM).
BJTM rakes in IDR 620.86 billion of profit in H1 2024
27 Sep 2024 15:44
PT BPD Jawa Timur Tbk (BJTM) scored IDR 620.86 billion of profit in the first half (H1) of 2024, 13.78% year-on-year (yoy) lower from IDR 720.14 billion seen in the same period last year.
WSBP to pay CFADS Phase IV worth IDR 84.57 billion
26 Sep 2024 10:24
PT Waskita Beton Precast Tbk (WSBP) has paid its cash flow available for debt services (CFADS) phase IV worth IDR 84.57 billion.
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.
First half results are in, BNII saw 2.60% decline in revenue
08 Aug 2024 13:46
The revenue of PT Bank Maybank Indonesia Tbk (BNII) slowed down, triggering a decline of its net profit in H1 2024 compared to H1 2023.
Salim Group to acquire land of 18,290 Ha in Padalarang
13 Jun 2024 10:51
PT Inti Cakrawala Citra (ICC), a Salim Group company, is acquiring a land of 18,290 hectares (Ha) for IDR 80 billion in Padalarang, West Java, from PT Falmaco Nonwoven Industri Tbk (FLMC).
BSML to allocate 55% of rights issue proceeds to capex
22 Apr 2024 15:43
The proceeds of right issue of PT Bintang Samudera Mandiri Lines Tbk (BSML) will be allocated into capital expenditure (55%) as well as obligation payment and working capital (45%).
FREN to pay off loans to Niven Holdings of IDR 5.48 trillion
01 Apr 2024 16:22
PT Smartfren Telecom Tbk (FREN) will allocate 64% of the proceeds of its rights issue of 171.45 billion shares to pay off loans and interest to Niven Holdings Limited (NHL), non-affiliated creditor.
BSML to set up rights issue of 400 million shares
15 Mar 2024 10:00
PT Bintang Samudera Mandiri Lines Tbk (BSML) will initiate a rights issue of 400 million shares, the proceeds of which will be used to pay off some of its obligations.
Securing USD 90 million, Star Energy to install loan to Bangkok Bank
18 Dec 2023 11:43
Star Energy Group Holdings Pte Ltd (SEGHPL) has paid off some of its facility B loan owed to Bangkok Bank Public Co. Ltd. after securing USD 90 million from its parent company, PT Barito Renewables Energy Tbk (BREN).