Pefindo to promote Polytama Propindo’s bonds rating
15 Feb 2023 11:00
Pemeringkat Efek Indonesia (Pefindo), a local issuer and security rating agency, has promoted the rating of sukuk ijarah and bonds issued by PT Polytama Propindo (PLTM).
BOSS to seek judicial review after appeal got denied
15 Feb 2023 10:09
PT Borneo Olah Sarana Sukses Tbk (BOSS) will immediately ask for a judicial review following the Supreme Court’s decision not to grant its subsidiary’s appeal.
Buying vessel, Habco took out IDR 150 billion loan
14 Feb 2023 14:34
PT Habco Trans Maritima Tbk (HATM) secured IDR 150 billion loan from PT Bank Central Asia Tbk (BBCA) to fund the acquisition of a bulk carrier.
Dharma Polimetal prepares IDR 100 billion to build 2 new factories
14 Feb 2023 14:01
PT Dharma Polimetal Tbk (DRMA) has prepared funds of IDR 100 billion to support its business expansion plans by building 2 new factories.
ENRG to be listed on MSCI
14 Feb 2023 13:43
PT Energi Mega Persada Tbk (ENRG) will be at Morgan Stanley Capital International (MSCI) as of March 1, 2023. The company's entry adds to the variety of Indonesian companies listed on the global market.
Foreign investors are selling shares. What exactly are they releasing?
14 Feb 2023 12:16
On Thursday, February 9, the list of market indicators was dominated by investors with more than 5% stakes who were busy selling their shares. Foreign investors account for five of them. UOB Kay Hian (Hong Kong) Ltd. became the first to sell shares from two issuers at the same time.
Although foreign trade seemed quiet, net volume was positive at 363 million shares
14 Feb 2023 09:02
The trading volume of foreign investors did not appear to be high during the second weekend of February. The volume of shares purchased by foreigners was 1.63 billion, while the volume of shares sold was 1.26 billion. The good news is that, despite the quiet trading on Friday, February 10, the foreign net volume was positive at 363,523,300 shares.
Indotambang Perkasa acquires another 2.27 billion shares of Astrindo Nusantara Infrastructure (BIPI)
14 Feb 2023 08:41
On February 8, PT Indotambang Perkasa purchased an additional 2,270,000,000 shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI). Indotambang Perkasa previously already owned 21.33% of the energy resources infrastructure issuer, but with this purchase, it now owns more than 25% of the company.
BIPI’s subsidiary secures syndicate loan of USD 432.77 million
14 Feb 2023 06:04
PT Sintesa Bara Gemilang (SBG), a subsidiary of PT Astrindo Nusantara Infrastruktur Tbk (BIPI) has obtained a credit facility from a syndicate of financial institutions of USD 432.77 million.
TBS Energi Utama to grant subsidiary IDR 19.06 billion
13 Feb 2023 20:19
PT TBS Energi Utama Tbk (TOBA) has channelled an extra capital worth IDR 19.06 billion to one of its subsidiaries, PT Toba Bumi Energi (TBUE).
