Bakrie & Brothers to convert IDR 855 billion debt to equity
23 Oct 2024 09:28
PT Bakrie & Brothers Tbk (BNBR), a holding company under Bakrie Group, is scheduling a capital increase without pre-emptive rights of 13.35 billion shares.
BI and BNM work on potential currency swap worth IDR 82 trillion
27 Sep 2024 14:55
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) enable local currency exchange with total value amounting to a maximum of IDR 82 trillion or equal to MYR 24 billion throughout the next 5 years.
Wijaya Karya to converts subsidiary’s debts to extra equity
14 Jun 2024 09:22
PT Wijaya Karya (Persero) Tbk (WIKA) has converted the debt of one of its subsidiaries, PT Wijaya Karya Industri Energi (WINNER), to extra capital, or debt-to-equity swap.
PTPP to convert subsidiary’s debt worth IDR 98.58 billion
26 Sep 2023 16:53
PT PP Persero Tbk (PTPP) has converted debts of PT PP Sinergi Banjaratma (PPSB) to equity, also known as debt-to-equity swap.
Marketing costs drag profit down, MCAS: short-term pinch for long-term gain
08 Sep 2023 14:47
The significant profit decline of PT M Cash Integrasi Tbk (MCAS) in the first half of 2023, reaching minus 60% year-on-year (yoy), is revealed to be the result of swelling selling expenses.
PICO to convert debts of IDR 173.37 billion to equity via private placement
17 May 2023 11:19
PT Pelangi Indah Canindo Tbk (PICO) will convert its debts to Eternal Nation Capital Limited (ENCL) to equity through a capital raise without pre-emptive rights or private placement.
KB Bukopin sells IDR 2 trillion in non-performing loans to reach NPL level below 5%
03 Apr 2023 16:58
At the end of 2023, PT Bank KB Bukopin Tbk (BBKP) targets a non-performing loan (NPL) ratio of below 5% and a loan at risk (LAR) ratio of below 20%. To reach that target level, BBKP will sell non-performing loans worth IDR 2 trillion.
BI and Bank of Korea to extend BCSA worth IDR 115 trillion
06 Mar 2023 14:45
Bank Indonesia (BI) and Bank of Korea have agreed to extend the bilateral currency swap agreement (BCSA) of up to IDR 115 trillion.
