Securing spot at Danantara, TOBA's Commissioner resigns
25 Mar 2025 08:50
Djamal Nasser resigns after serving as a Commissioner of TOBA since 2017.
TOBA subsidiary acquires 100% of Sembcorp Environment shares
19 Mar 2025 08:26
TOBA subsidiary acquires 100%, or 266.56 million shares, of Sembcorp Environment. What’s the aim?
Bambang Brodjonegoro resigns from TOBA Commissioner
17 Mar 2025 07:06
Bambang Brodjonegoro resigns from TOBA Commissioner, effective March 31, 2025.
TOBA’s net profit rises 260% throughout 2024
13 Mar 2025 14:52
The coal mining company’s net profit rose by 260% in 2024 supported by its renewable energy segment.
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.
TOBA finalises financing for floating solar power plant in Batam
07 Mar 2025 08:22
TOBA finalises financing process for floating solar power plant with operational target in Q4-2025.
Djonny Saksono increases ITIC shareholding
28 Feb 2025 14:31
Djonny Saksono raises its portion again in ITIC to 67.91%.
2025 tobacco excise target lowered, tobacco firms collectively strengthen
05 Dec 2024 15:47
The Indonesian government has set a tobacco excise target of Rp230.09 trillion for 2025, marking a 6.5% reduction from this year's target.
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.