Eyeing IDR 9 trillion, TOWR sets up rights issue
18 Sep 2024 07:41
PT Sarana Menara Nusantara Tbk (TOWR) plans to conduct a capital raise with preemptive rights, also known as rights issue, to collect fresh funds of up to IDR 9 trillion.
August 2024 saw trade surplus dropped 6.96% yoy
17 Sep 2024 11:52
Indonesia’s trade surplus in August 2024 of USD 2.89 billion dropped 6.96% year-on-year (yoy) from USD 3.11 billion seen in August 2023.
WIFI to work with 50 local ISPs to reach 25 million internet users
17 Sep 2024 10:46
PT Solusi Sinergi Digital Tbk (WIFI), through its subsidiary, PT Integrasi Jaringan Ekosistem (Weave), has signed a partnership agreement with 50 internet service providers (ISPs) to provide internet infrastructure for 25 million household internet users.
ANTM to work with 2 regional SOEs on Pongkeru Block
17 Sep 2024 10:04
PT Aneka Tambang Tbk (ANTM) partners with two regional state-owned enterprises (SOEs) to establish joint ventures designed to work on nickel mining development in Pongkeru Block, East Luwu, South Sulawesi.
PGAS to pair up with InJourney’s subsidiary for tourism industry
13 Sep 2024 08:57
PT Perusahaan Gas Negara Tbk (PGAS) has reportedly collaborated with PT ITDC Nusantara Utilitas (INU), a subsidiary of InJourney Tourism Development Corporation, to develop a gas network in tourism sector.
RGAS and PGAS to work on gas network project worth IDR 29.5 billion
12 Sep 2024 15:52
PT Kian Santang Muliatama Tbk (RGAS) and PT Perusahaan Gas Negara Tbk (PGAS) have collaborated to work on gas network construction project with a contract value of ID 29.5 billion.
Lontar Papyrus Pulp & Paper issues IDR 2.5 trillion bonds and sukuk
10 Sep 2024 19:16
PT Lontar Papyrus Pulp & Paper Industry, a pulp and tissue producer belonging to the Sinarmas Group, will issue Shelf Registration Bonds III Phase I/2024 and Shelf Registration Mudharabah Sukuk I Phase I/2024 with a total principal amount of IDR 2.5 trillion.
RIGS’s profit soared 26.35% despite only slight increase in revenue
09 Sep 2024 11:06
PT Rig Tenders Indonesia Tbk (RIGS) booked net profit of IDR 78.97 billion in the first half (H1) of 2024, up 26.35% year-on-year (yoy) from the same semester last year.
21 issuers under special monitoring of IDX
05 Sep 2024 15:31
Throughout August 2024, Indonesia Stock Exchange (IDX) authorities put 21 issuers under special monitoring, mostly due to their stock prices that do not go over IDR 51 per share in the regular market.
Levoca Enterprise now owns 31% Bakrie & Brothers (BNBR) after selling 589 million shares
04 Sep 2024 10:06
At the end of August, around 589.74 million shares of PT Bakrie & Brothers Tbk (BNBR) were sold by Levoca Enterprise Ltd. On Friday, August 30, this foreign investor's stake in the manufacturing and infrastructure sector company decreased to 31.64%, from 32.01%. PT Investindo Nusantara Sekuritas was appointed as the transaction's facilitator.
