Profit declined, TOBA to abstain from dividend distribution
30 Apr 2024 10:43
The net profit of PT TBS Energi Utama Tbk (TOBA) dropped 86.32% year-on-year (yoy) in 2023 from the same period in 2022.
In need of extra working capital, HRTA to issue Bond of IDR 500 billion
26 Apr 2024 16:06
In order to boost its working capital in the long run, PT Hartadinata Abadi Tbk (HRTA) will issue Shelf-Registration Bond II Phase I Year 2024 worth IDR 500 billion.
Primarajuli to convert debts to ESTI worth USD 15.10 million
26 Apr 2024 14:48
PT Primarajuli Sukses (PRS), a subsidiary of PT Ever Shine Tex Tbk (ESTI), will convert its debt to equity (debt-to-equity swap) worth USD 15.10 million.
Raising capex by 80%, KEJU aims for efficiency and restaurant chains supply
24 Apr 2024 13:49
In 2024, PT Boga Mulia Raya Tbk (KEJU), the Prochiz cheese manufacturer, will set up a capital expenditure (capex) budget of 80% higher than last year’s allocation.
CASH to schedule MESOP programme
24 Apr 2024 10:34
PT Cashlez Worlwide Indonesia Tbk (CASH) is planning to issue 143.11 million shares from its stock portfolio worth IDR 12 each.
BSML to allocate 55% of rights issue proceeds to capex
22 Apr 2024 15:43
The proceeds of right issue of PT Bintang Samudera Mandiri Lines Tbk (BSML) will be allocated into capital expenditure (55%) as well as obligation payment and working capital (45%).
Capital deficiency worsened, INTA’s loss shrank
22 Apr 2024 15:07
The revenue of PT Intraco Penta Tbk (INTA) improved in 2023, thus resulting in loss decrease. However, its capital deficiency continued to worsen throughout the year.
OJK: Rupiah depreciation won’t significantly impact banks’ capital
22 Apr 2024 09:58
The depreciation of Indonesia Rupiah (IDR) against US Dollar (USD) is deemed having insignificant direct effect on banks’ capital, according to the stress test from OJK.
Hesitating on IKN, Prodia allocates 55% of capex to IT
18 Apr 2024 16:06
PT Prodia Widyahusada Tbk (PRDA) has prepared moderate amount of capital expenditure (capex) in 2024, worth a maximum of IDR 250 billion.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.