10 Dec 2024 07:07
PT Lippo Cikarang Tbk (LPCK) is undertaking a significant capital increase through a rights issue to continue financing its Meikarta project, following a loss of IDR1.6 trillion.
03 Jun 2024 16:19
Indonesia Statistics (BPS) recorded inflation at 2.84% in May 2024 from May 2023 at 4%. Meanwhile, inflation in May 2024, since December 2023 (year-to-date/ytd), has declined 1.16%.
30 Apr 2024 14:46
On Thursday, April 25, PT Cardig Aero Services Tbk (CASS) welcomed PT Roket Cipta Sentosa as a new investor and controlling shareholder. Without hesitation, this investor purchased 1.06 billion shares of the holding company that supports airport service, acquiring 51% ownership. This transaction was handled by PT Trimegah Sekuritas Indonesia Tbk. In contrast, another CASS investor, SATS Ltd., S/A Cemerlang Pte. Ltd., reduced its ownership. This investor sold approximately 205.63 million shares, reducing its stake to around 10.15%.
