TOBA officially divests 90% stake in Sulut-3 coal power plant
10 Mar 2025 06:11
Divestment of TOBA’s coal power plant by has been finalised four months post-announcement.
Divesting 2 PLTU, investors on the look for TOBA
28 Nov 2024 06:00
The plan of PT TBS Energi Utama Tbk (TOBA) to divest its subsidiaries, PT Gorontalo Listrik Perdana (GLP) and PT Minahasa Cahaya Lestari (MCL), triggers positive response from foreign investors.
TBS Energi Utama to hold a buyback of 816.78 million shares
12 Nov 2024 14:34
PT TBS Energi Utama Tbk (TOBA), a company engaged in several business lines in energy industry, will hold a buyback of 816.78 million shares at most, or equal to 10% of total issued and paid-up capital of the company.
TOBA to acquire Singapore company to promote waste management
11 Nov 2024 07:53
PT TBS Energi Utama Tbk (TOBA), an issuer in the management consultancy field and a holding company, has reportedly acquired Sembcorp Environment Pte Ltd (SEPL).
Strengthening renewable energy business, TOBA to pair up with PLN for JV
17 Apr 2024 09:01
PT TBS Energi Utama Tbk (TOBA), a coal mining company, now transforming to renewable energy, has established a joint venture (JV) with PT PLN Nusantara Renewables (PLN NR).
TBS Energi Utama announces acquisition of waste processing company
29 Jan 2024 12:25
PT TBS Energi Utama Tbk (TOBA), a coal producer which is now focusing on renewable energy infrastructure, has acquired waste management company ARAH Environmental (AE).