Employee's wages in arrears, Indofarma to divest assets
03 Sep 2024 09:07
PT Indofarma Tbk (INAF), a state-owned medicine and medical device manufacturer, is said to sell off its remaining assets to pay arrears to its own employees.
GRPM readies capex of IDR 20 billion to boost performance by 50%
03 Sep 2024 08:02
PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year.
PALM eyes IDR 1.1 trillion in bond issuance
02 Sep 2024 15:30
PT Provident Investasi Bersama Tbk (PALM), an investment holding company, plans to issue Shelf-Registration Bond II Phase III Year 2024 with total principal of IDR 1.1 trillion.
Mayapada Hospital to inject subsidiary with IDR 50 billion worth of extra capital
02 Sep 2024 13:19
PT Sejahteraraya Anugrajaya Tbk (SRAJ), the owner of Mayapada Hospital network, has granted additional capital of IDR 50 billion to one of its subsidiaries, PT Sejahtera Inti Sentosa (SIS).
Expanding business, ELPI to set up JV
02 Sep 2024 11:44
PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI), a marine transportation service provider, announces the establishment of its latest joint venture (JV).
Foreign share purchases surged, creating net surplus of 1.35 billion shares
31 Aug 2024 16:25
Share purchase transactions by foreign investors on Friday, August 30, experienced a significant spike, with net foreign volume reaching 6.43 billion shares. Meanwhile, foreign sales volume was 5.07 billion shares, resulting in a net foreign volume surplus of 1.35 billion shares. The acquisition of PT GoTo Gojek Tokopedia Tbk (GOTO) shares contributed to the growth in foreign net volume, as foreign investors purchased 2.84 million shares of this digital company, resulting in a net volume of 1.19 billion shares.
Net foreign volume surplus at 129.84 million shares as foreign buy rises
31 Aug 2024 16:20
On Thursday, August 29, the foreign buying volume was 2.42 billion shares, which was higher than the foreign selling volume of roughly 2.29 billion shares. As a result, the net foreign volume totaled 129.84 million shares. The first place on the top buy list was the purchase of 224.89 million shares of PT Panin Financial Tbk (PNLF), a business and management consulting services provider, for a net volume of 168.47 million shares.
Dominating domestic gold retail scene, HRTA targets 100 outlets this year
30 Aug 2024 17:27
PT Hartadinata Abadi Tbk (HRTA) is aiming for 15 new gold retail outlet his year to boost domination within the retail market in Indonesia. Until 2023, HRTA reported managing 85 stores across the country.
Komatsu heavy equipment sales plummeted, UNTR faced challenges from Chinese products
30 Aug 2024 16:01
Sales of Komatsu heavy equipment recorded by PT United Tractors Tbk (UNTR) up to July (7M) 2024 were recorded at 2,515 units, down 29% compared to 7M 2023 which reached 3,551 units.
Enhancing efficiency, HUMI to purchase 2 tugboats for IDR 22.5 billion
30 Aug 2024 13:45
PT Humpuss Maritim Internasional Tbk (HUMI), a subsidiary of PT Humpuss Intermoda Transportasi Tbk (HITS) engaged in marine transportation sector, has reportedly acquired 2 units of tugboats.
