Tourism regains strength in January 2023
02 Mar 2023 14:26
The number of international tourist visits in January 2023 was seen decreasing from December 2022, but still showed improvement from January 2022.
Weighed down by crisis, TDPM to stabilise itself in 2023
06 Feb 2023 10:23
In 2023, PT Tridomain Performance Materials Tbk (TDPM), a specialty material provider for property and automotive sectors, aims to fix issues and improve its organisation and performance to slowly recover from its current financial crisis.
Restructuring, Garuda Indonesia to hold a private placement of USD 400 million
02 Feb 2023 12:06
The Indonesian government still continues to nurse PT Garuda Indonesia (Persero) Tbk (GIAA) back to health. After the rights issue and state equity participation/domestic investment, the next step in the restructuring process is holding a private placement.
KSI to sell 70% of its portion in KDL for IDR 2.25 trillion
01 Feb 2023 05:26
PT Krakatau Sarana Infrastruktur (KSI) has sold off 70% of its portion in PT Krakatau Daya Listrik (KDL) for IDR 2.25 trillion to PT Chandra Asri Pterochemical Tbk (TPIA).
MDKA to transfer its shares in BPI for IDR 1.24 trillion
18 Jan 2023 10:09
PT Merdeka Copper Gold Tbk (MDKA) restructures its subsidiary by selling off its shares in PT Batutua Pelita Investama (BPI) to PT Merdeka Battery Materials (MBM).
SSS to gain control over 34% of UANG
13 Jan 2023 06:34
PT Sirius Surya Sentosa (SSS) is known to have been listed as the holder of 34% of PT Pakuan Tbk (UANG), a property issuer, through a transaction that took place in late 2022 (29/12).
