Preparing new product launch, Phapros eyes double-digit growth in 2023
12 Jan 2023 15:19
PT Phapros Tbk (PEHA), a pharmaceutical company under PT Kimia Farma Tbk (KAEF), seeks double-digit growth in 2023 through the launch of new products.
Indah Kiat Pulp & Paper to issue IDR 1.75 trillion bonds and sukuk
12 Jan 2023 13:33
PT Indah Kiat Pulp & Paper Tbk (INKP), a pulp and paper manufacturer under Sinarmas Group, seeks fresh funds of IDR 1.75 trillion through the issuance of Shelf-Registration Bonds III Phase IV Year 2023 and Shelf-Registration Sukuk Mudharabah II Phase IV Year 2023.
Deficit in equity, MDRN to ask for extra capital
12 Jan 2023 08:15
PT Modern Internasional Tbk (MDRN) seeks loans to gain extra working capital, planning to submit a guarantee of over 50% of the company's assets.
LPKR to secure IDR 6 trillion loans to pay off senior bonds
12 Jan 2023 06:23
PT Lippo Karawaci Tbk (LPKR) will secure a jumbo loan worth IDR 6 trillion, which will be used to pay off some of senior bonds that will mature in 2025 and 2026.
Four issuers acquired fresh investors
11 Jan 2023 13:55
On Thursday, January 5, four issuers saw the arrival of new investors with more than 5% ownership. First, PT Mega Manunggal Property Tbk (MMLP), a logistics property issuer, became a new investment instrument for UOB Kay Hian Pte Ltd, which directly purchased 1,259,737,600 shares for 18.29% ownership. This time, however, another foreign investor, Bridge Leed Limited, released 1,252,525,300 MMLP shares.
Finally, at 133 million shares, net foreign is positive
11 Jan 2023 13:47
Finally, on Friday, January 6, the net foreign trade volume revealed a surplus. The volume of foreign purchases, which totaled 1,47 billion shares, exceeded the volume of sales, resulting in a net volume of 133,071,100 shares. Interestingly, PT GoTo Gojek Tokopedia Tbk (GOTO) had the highest net volume with 255,916,000 shares after being purchased for 425,912,600 shares by foreign investors. In contrast, foreigners sold 130.86 million shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), resulting in the lowest net volume of minus 57.26 million shares.
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%.
