CASS succeeds in restructuring debts
30 Dec 2024 16:17
PT Cardig Aero Service Tbk (CASS) is known to have reached an agreement regarding the reduction of loan interest from its debtor, PT Cardig Asset Management (CAM).
New contracts at 47% of target, Waskita still confident of reaching 100% in remaining two months
26 Nov 2024 13:40
PT Waskita Karya (Persero) Tbk (WSKT) recorded new contract values (NKB) of only IDR 6.8 trillion by the end of October 2024 (10M), still far from its annual target of IDR 14.5 trillion.
TOBA to restructure its subsidiaries
19 Nov 2024 16:25
Shareholders of PT TBS Energi Utama Tbk (TOBA) agreed upon the plan to restructure its subsidiaries, PT Toba Bara Energi (TBE), PT Gorontalo Listrik Perdana (GLP), dan PT Minahasa Cahaya Lestari (MCL).
Working with limited capital, PBRX anticipates sales decline
07 Nov 2024 13:38
PT Pan Brothers Tbk (PBRX) is anticipating decline in its sales number in 2025 following its limited working capital. Its total equity was reported at USD 333.60 million as of Q3 2024, relatively stable compared to the same period in 2023.
Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024
29 Aug 2024 11:30
PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion.
Back to core business, PTPP intensifies asset divestment
28 Aug 2024 12:11
PT PP (Persero) Tbk (PTPP) plans to divest its subsidiary's share assets this year to support its strategy to refocus on its core business line, namely construction.
WIFI confident in telco business as new growth engine
27 Aug 2024 12:07
The management of PT Solusi Sinergi Digital Tbk (WIFI), or mostly known as Surge, expressed their optimism towards its telecommunication infrastructure (telco) business line, which is deemed capable to be the main growth engine for its performance in the future.
Shareholders to hold internal restructure of FASW
22 Aug 2024 09:49
SCGP Solution, PTE LTD, Singapore, major shareholders of PT Fajar Surya Wisesa Tbk (FASW), transferred 55.24% of the shares to Siam Kraft Industry Company Limited (SKIC) yesterday (20/8).
Summarecon to restructure subsidiary in IKN
21 Aug 2024 10:05
PT Summarecon Agung Tbk (SMRA) restructures its portion in PT Nusantara Selaras Sejati (NTSS), whose operation is located in Penajam Paser Utara, East Kalimantan.
OJK urges Jiwasraya to address policyholders refusing restructure
20 Aug 2024 15:30
Financial Services Authority (OJK) urges PT Asuransi Jiwasraya (Persero) to conclude the policyholders dispute resolution in a comprehensive way.
