Iforte secures loan of JPY 14 billion
12 Aug 2024 10:35
A subsidiary of PT Sarana Menara Nusantara Tbk (TOWR) obtains a credit facility worth JPY 14 billion from PT Bank Mizuho Indonesia.
Shifting to green zone, net foreign volume closed at 354.80 million shares
11 Aug 2024 13:44
On Wednesday, August 7, foreign investors increased their share purchases, totaling 1.97 billion shares. The foreign selling volume was 1.62 billion shares, bringing the net foreign volume into the green zone and closing at 354.80 million shares. The share purchase transactions then began with the purchase of 141.66 million shares of the energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI), with a net volume of 115.92 million shares.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
DOID quietly collects 5.07% of Australia-based 29Metals
09 Aug 2024 11:13
PT Bukit Makmur Mandiri Utama (BUMA), one of subsidiaries of PT Delta Dunia Makmur Tbk (DOID), has acquired 36.51 million shares or 5.07% of 29Metals, a copper and precious metal mining company based in Australia.
Mayapada Hospital eyes IDR 2.74 trillion in upcoming private placement next year
09 Aug 2024 09:51
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, is aiming to raise IDR 2.74 trillion via a private placement next year.
SCMA’s net profit skyrocketed, supported by 9.9% revenue growth
08 Aug 2024 14:04
PT Surya Citra Media Tbk (SCMA), the media company managing SCTV and Indosiar television channels, reported net profit of IDR 327.7 billion in the first half (H1) of 2024.
A year after IPO, HBAT’s stock crashes 332%
08 Aug 2024 11:18
The stock performance of PT Minahasa Membangun Hebat Tbk (HBAT) dropped 332% after a year debuting on the stock exchange, since August 7, 2023.
WINS provides US$10 million guarantee for subsidiary
07 Aug 2024 21:27
PT Wintermar Offshore Marine Tbk (WINS), a transportation services issuer, has provided a corporate guarantee of US$10 million.
JLL Indonesia: Prospect for Indonesian data centers are still good
07 Aug 2024 18:32
JLL Indonesia, a commercial real estate management company, views data centers as a property segment that has bright prospects in Indonesia in years to come.
KB Valbury Sekuritas invests 3.23 billion shares in Astrindo Nusantara (BIPI)
07 Aug 2024 16:02
On Monday, August 5, PT KB Valbury Sekuritas made a new equity investment in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), a company that provides integrated energy infrastructure. This investor purchased 3.23 billion BIPI shares in total, giving them a 5.07% ownership stake. Furthermore, PT KB Valbury Sekuritas has acquired up to 250 million shares of the oil and gas tanker company PT Buana Lintas Lautan Tbk (BULL), resulting in an increase in their share portion from 5.74% to 7.51%.
