Acquiring land and building plants, Jobubu to allocate IDR 20 billion
11 Jan 2023 10:16
PT Jobubu Jarum Minahasa Tbk (BEER), an alcoholic beverage manufacturer, will set aside IDR 20 billion to purchase land and a new factory in Semarang.
Mitra Tirta to build bottled water factory in Sleman
11 Jan 2023 06:33
PT Mitra Tirta Buwana Tbk (SOUL), a bottled water manufacturer, will establish a new facility in Ngaglik, Sleman, Yogyakarta.
Reinforcing capital, CLEO to request bank loan
11 Jan 2023 06:12
PT Sariguna Primatirta Tbk (CLEO), a bottled water manufacturer, is seeking bank loan facility in order to reinforce its business.
Promenade Link Limited recently acquired 6.43% of Indah Prakarsa Sentosa
09 Jan 2023 09:38
Promenade Link Limited recently acquired 41,812,360 shares of logistics and fuel distribution issuer PT Indah Prakasa Sentosa Tbk (INPS) on Wednesday, January 4. With 6.43% ownership, the British Virgin Islands-based company immediately became a new INPS investor. However, one of INPS' existing shareholders, PT Cronus Asia Kapital, sold 33.70 million shares, reducing its ownership from 10.37% to 5.19%.
Eyeing sales growth of 10%, SMSM to set capex to IDR 150 billion
09 Jan 2023 09:38
PT Selamat Sempurna Tbk (SMSM), a machine and automotive spare part manufacturer, aims to drive its 2023 sales 10% upward.
GOTO had a net foreign volume surplus of 267.5 million shares
09 Jan 2023 09:31
The volume of shares sold by foreign investors reached 2.45 billion units on Thursday, January 5, while the volume of shares purchased was close to 2.3 billion. This time, the net volume of foreign exchange was -157.32 million shares. Surprisingly, GOTO shares had a net volume of 267.5 million shares after foreign investors purchased 683,728,000 shares of PT GoTo Gojek Tokopedia Tbk (GOTO).
MNC Kapital increases its stake in MNC International Bank to 51.47%
09 Jan 2023 09:23
MNC Group's subsidiary, PT MNC Kapital Indonesia Tbk, increased its stake in PT Bank MNC Internasional Tbk (BABP) by purchasing 1,538,000,000 shares on Tuesday, January 3. This acquisition strengthens MNC Kapital's position as the controlling shareholder of its own business unit, increasing ownership from 46.92% to 51.47%.
KB Bank Bukopin to handle IDR 10 billion of NPL at full speed
06 Jan 2023 11:11
PT Bank KB Bukopin Tbk (BBKP) is currently trying to speed up the handling of non-performing loan (NPL) of IDR 10 trillion that had been accumulated throughout 2022.
Penta Valent to seek IDR 54.83 billion in IPO
05 Jan 2023 13:39
PT Penta Valent Tbk (PEVE), a pharmaceutical and consumption goods distributor, will issue 368 million shares in its initial public offering (IPO) in Indonesia Stock Exchange (IDX).
Net foreign volume slumped to minus 421 million shares
05 Jan 2023 10:14
On Wednesday, January 4, foreign investors' net trading volume fell dramatically compared to the previous day, reaching minus 421.20 million shares. This figure is derived from the difference between the 2.19 billion shares sold by foreigners and the 1.77 billion shares purchased by foreigners. This time, PT Aneka Tambang Tbk (ANTM) had the highest net volume at 37.01 million shares, with foreign purchases totaling 44.22 million shares.
