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.
PYFA to acquire Australian pharmaceutical company, Probiotec
22 Dec 2023 09:36
PT Pyridam Farma Tbk (PYFA) has signed a Scheme Implementation Deed (SID) regarding the plan of one of its subsidiaries to take over shares of Probiotec, an Australia-based pharmaceutical company.
Strengthening distribution, CLEO invests IDR 180 billion in SPS
20 Dec 2023 18:34
PT Sariguna Primatirta Tbk (CLEO), a manufacturer of packaged drinks, is injecting PT Sentralsari Primasentosa (SPS) with IDR 180 billion in capital to add 50 branches in 2024. The transaction value is around 13.93% of the company's total equity of IDR 1.29 trillion as of June 2023.
Investasi Sukses Bersama acquired 452 million Era Media shares, giving it a 5.85% stake
20 Dec 2023 17:11
On Monday, December 18, PT Investasi Sukses Bersama acquired 452.28 million shares of PT Era Media Sejahtera Tbk (DOOH) through five different securities companies, giving it a 5.85% stake.
