ARNA’s profit grew 22.18%
14 Feb 2023 11:07
The profit of PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer, was seen increasing 22.18% in 2022 from the numbers recorded in 2021.
Karya Digital Nusa Technology (TRON) to release 750 million shares in IPO
10 Feb 2023 16:22
PT Teknologi Karya Digital Nusa Tbk (TRON), a telematics and Internet of Things (IoT)-based information system solutions company, will release 750 million shares through an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).
Nusantara Infrastructure to divest business unit for USD 5.7 million
09 Feb 2023 20:19
PT Nusantara Infrastructure Tbk (META), through one of its subsidiaries, PT Portco Infrastructure, has divested 39% of PT Intisentosa Alambahtera.
State-owned enterprises assemble to form logistics company
09 Feb 2023 15:45
Six state-owned enterprises (BUMN) team up to establish a joint venture named PT Karya Logistik Nusantara (KLN).
Krakatau Steel Infrastruktur prepares for IDR 3 trillion stock market debut
09 Feb 2023 13:26
PT Krakatau Sarana Infrastruktur (KSI), is currently drafting plans for an initial public offering or IPO on the Indonesia Stock Exchange (IDX). A subsidiary of PT Krakatau Steel (Persero) Tbk. (KRAS), the target is to raise funds of up to US$ 200 million or IDR 3 trillion (exchange rate of IDR 15,000/dollar).
Refinancing IDR 1.1 trillion debt, SSIA to seek bank loans
08 Feb 2023 10:40
PT Surya Semesta Internusa Tbk (SSIA) is currently seeking loan facility from banks to refinance its debts worth IDR 1.1 trillion.
ZATA to complete 7 store openings by Eid
08 Feb 2023 05:59
PT Bersama Zatta Jaya Tbk (ZATA), a modest fashion manufacturer, speeds up its plan to open seven new outlets, aiming for completion before April 2023.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
License got revoked, IBFN to shift to trading
03 Feb 2023 09:06
PT Intan Baru Prana Tbk (IBFN) has officially changed its business direction from a financing venture to a trading company and commercial transportation equipment provider, following the revocation of its business license as a financing company.
ATIC postpones approval for divestment of its subsidiary
25 Jan 2023 15:18
The approval for the restructuring of a subsidiary of PT Anabatic Technologies Tbk (ATIC) has been delayed due to the cancellation of the planned Extraordinary General Meeting of Shareholders (EGMS) on Friday (27/1).