MKNT divests its business unit for IDR 24.44 billion
29 Dec 2023 17:31
PT Mitra Komunikasi Nusantara Tbk (MKNT), a telecommunication product trading company, has sold one of its business unit, PT Catalist Integra Prima Sukses (CIPS).
PTPP to extend its treasury stock sale
29 Dec 2023 10:26
PT PP (Persero) Tbk (PTPP), a state-owned construction and investment company, has extended the term of its treasury stock sale.
Profit at minus, PPRO still confident of 40% revenue surge in 2024
28 Dec 2023 14:34
Despite its loss of IDR 118.85 billion until the end of Q3 2023, PT PP Properti Tbk (PPRO) eyes 2024 optimistically by aiming to secure 30%-50% surge in its sales next year.
JAYA grants IDR 3.15 billion loan to subsidiary
27 Dec 2023 16:28
PT Armada Berjaya Trans Tbk (JAYA) has reportedly given a loan facility worth IDR 3.15 billion to its subsidiary, PT Aman Bae Perkasa (ABP), on December 26, 2023.
Expanding to wood pellets, MBAP’s subsidiary granted USD 51.2 million loan from NISP
27 Dec 2023 11:57
PT Malinau Hijau Nusantara (MHL), a subsidiary of PT Mitrabara Adiperdana Tbk (MBAP), has signed a loan facility agreement worth a total of USD 51.2 million with PT Bank OCBC NISP Tbk (NISP).
Ford Motor Company injects IDR 88.7 billion in Kolaka Nickel Indonesia
27 Dec 2023 10:37
Ford Motor Company, a leading multinational car manufacturer from the U.S, has invested a large amount of capital in PT Kolaka Nickel Indonesia (KNI).
FAST claims 70% of Jagonya Ayam Indonesia
22 Dec 2023 14:58
PT Fast Food Indonesia Tbk (FAST), the managing company of KFC fast food chain in Indonesia, now owns 70% of PT Jagonya Ayam Indonesia (JAI), the supplier of broilers for KFC.
Matahari Department Store to switch up directors and commissioners
22 Dec 2023 12:54
PT Matahari Department Store Tbk (LPPF), a retail company operating since 1958, has changed the board of directors and commissioners after conducting its Extraordinary General Meeting of Shareholders today (22/12).
With gov’t support, WSKT seeks IDR 17 trillion new contracts in 2024
22 Dec 2023 11:55
Supported by the government, PT Waskita Karya (Persero) Tbk (WSKT) is optimistic about attaining new contract target in 2024 of IDR 17 trillion.
FREN to sell idle assets for IDR 544.21 billion to SMPlus
22 Dec 2023 09:51
PT Smartfren Telecom Tbk (FREN), a wireless telecommunication service provider under Sinarmas Group, will divert unoptimized assets (idle) to PT SMPlus Sentra Data Persada.
