Indika to grant USD 250 loan to subsidiary for gold mining project
08 Mar 2023 07:53
PT Indika Energy Tbk (INDY) channelled a loan facility to several of its subsidiaries of USD 250 million in total to aid them in gold mining project.
Eyeing 27% bauxite sales growth, Antam to focus on domestic
24 Feb 2023 16:31
PT Aneka Tambang Tbk (ANTM) or Antam is targeting to secure bauxite sales growth in 2023 of up to 27% despite the export restriction policy.
PGEO to raise installed capacity to 600 MW
24 Feb 2023 11:41
PT Pertamina Geothermal Energy Tbk (PGEO) is confident about the expansion of installed capacity of its geothermal power plants of 600 megawatts (MW) until 2027.
BYAN to stop mining activities in West Kutai
23 Feb 2023 14:12
PT Bayan Resources Tbk (BYAN) terminates mining activities in Long Bangun District, West Kutai, East Kalimantan, over an area of 5,000 hectares (Ha).
BOSS to seek judicial review after appeal got denied
15 Feb 2023 10:09
PT Borneo Olah Sarana Sukses Tbk (BOSS) will immediately ask for a judicial review following the Supreme Court’s decision not to grant its subsidiary’s appeal.
BIPI’s subsidiary secures syndicate loan of USD 432.77 million
14 Feb 2023 06:04
PT Sintesa Bara Gemilang (SBG), a subsidiary of PT Astrindo Nusantara Infrastruktur Tbk (BIPI) has obtained a credit facility from a syndicate of financial institutions of USD 432.77 million.
WTR injects capital in Waskita Sriwijaya Tol
09 Feb 2023 14:20
PT Waskita Sriwijaya Tol (WST) received additional capital of IDR 462.61 billion from its parent, PT Waskita Toll Road (WTR). WTR is a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT) with a portion of 92.53%.
Krakatau Steel Infrastruktur prepares for IDR 3 trillion stock market debut
09 Feb 2023 13:26
PT Krakatau Sarana Infrastruktur (KSI), is currently drafting plans for an initial public offering or IPO on the Indonesia Stock Exchange (IDX). A subsidiary of PT Krakatau Steel (Persero) Tbk. (KRAS), the target is to raise funds of up to US$ 200 million or IDR 3 trillion (exchange rate of IDR 15,000/dollar).
PTPP and 5 other SOEs set up a JV with IDR 85 billion in investment
06 Feb 2023 17:20
PT PP (Persero) Tbk (PTPP) and 5 other State-Owned Enterprises (BUMN) have worked together to form a joint venture company called PT Karya Logistik Nusantara (KLN).
BUMI’s stock catches foreign investors’ attention
27 Jan 2023 06:41
The shares of PT Bumi Resources Tbk (BUMI) received enthusiastic response in yesterday’s (26/1) trading session in the stock exchange.