EV getting popular, Dharma Group rakes in profit
26 Jul 2023 17:35
The rising popularity of electric vehicle (EV) in Indonesia brings certain win to PT Dharma Polimetal Tbk (DRMA), an infamous automotive component manufacturer in Indonesia.
Multipolar acquires an additional 2.69 billion shares of Matahari Putra Prima (MPPA)
26 Jul 2023 16:22
On Friday, July 21, PT Multipolar Tbk acquired more than 2.69 billion shares of the holding company PT Matahari Putra Prima Tbk (MPPA).
Additive and lubricant manufacturer, Lupromax, to offer 26.09% shares in IPO
26 Jul 2023 14:26
PT Lupromax Pelumas Indonesia Tbk (LMAX), an additive and lubricant manufacturer under Magna Group, will conduct its initial public offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 195 million units of shares.
Financing disbursement reaches IDR 17.9 trillion, Mandiri Utama Finance secures "idAAA" rating
26 Jul 2023 09:32
PT Mandiri Utama Finance (MUF), a subsidiary of PT Bank Mandiri (Persero) Tbk (BMRI), has received an “idAAA” rating from the Indonesian Securities Rating Agency (Pefindo).
A new week brings a surplus of 452 million shares in net foreign volume
25 Jul 2023 17:30
Foreign net volume entered the green zone at the beginning of the final week of July, closing with a surplus of 452.50 million shares. On Monday, July 24, the total number of shares purchased by foreign investors was 2.35 billion, with a sales volume of 1.90 billion.
Bitumen manufacturer, Berkah Mulia Mandiri, to offer 31.3% shares in IPO
25 Jul 2023 17:15
PT Berkah Mulia Mandiri Tbk (BITU), a bitumen trader and terminal managing company, will debut in Indonesia Stock Exchange (IDX) through an initial public offering by issuing 550 million shares.
Kino Indonesia to form JV with Bina Indo Nawasena
25 Jul 2023 09:04
PT Kino Indonesia Tbk (KINO), a consumer goods manufacturer and distributor, has established a joint venture (JV) titled PT Karsa Darma Berkarya (KDB).
Albizia Asean increases its stake in CSA Group (CSAP) by 122 million shares
24 Jul 2023 17:35
On Thursday, July 20, foreign investor Albizia Asean Opportunities Fund purchased 122.48 million shares of PT Catur Sentosa Adiprana Tbk (CSAP), or CSA Group.
EPN and PLN Icon Plus to work together on PLTS Atap
24 Jul 2023 15:49
Astra Group, through one of its subsidiaries under PT United Tractors Tbk (UNTR), PT Energia Prima Nusantara (EPN), alongside PT Indonesia Comnets Plus (PLN Icon Plus), agreed to cooperate in developing the implementation of PLTS Atap in Indonesia to support higher renewable energy mix.
Ingria Pratama Capitalindo eyes IDR 353.9 billion fresh funds in IPO
24 Jul 2023 15:18
PT Ingria Pratama Capitalindo Tbk (GRIA), a real estate with total assets of IDR 394.86 billion, will begin its initial public offering (IPO) in Indonesia Stock Exchange (IDX).
