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.
PTDU to restructure debts of IDR 72 billion
18 Jul 2024 09:34
PT Djasa Ubersakti Tbk (PTDU) will restructure its debts of IDR 72 billion owed to PT Bank Pembangunan Daerah Kalimantan Timur dan Kalimantan Utara (BPD Kaltimtara).
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
WKR to restructure MTN 2022 in BJBR
30 May 2024 11:29
PT Waskita Karya Realty (WKR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), is restructuring its Medium Term Notes (MTN) III with PT BPD Jawa Barat dan Banten Tbk (BJBR).
KIJA raked in profit of IDR 528.6 billion
28 Mar 2024 10:19
PT Kawasan Industri Jababeka Tbk (KIJA) scored fantastic profit growth throughout 2023, supported by decreased loss on foreign exchange, reclassification of foreign currency translation, as well as its derivative instruments.
WSKT Realty restructures IDR 19 billion debt
19 Feb 2024 13:56
PT Waskita Karya Realty (WSKT Realty), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), restructured its debt as much as IDR 19 billion. The restructuring agreement took place last week (12/2).