PDES to convert debt worth IDR 50 billion to stocks
02 Sep 2024 08:58
PT Destinasi Tirta Nusantara Tbk (PDES), a tour and travel agent under Panorama Group, has swapped debts of one of its subsidiaries, PT Graha Destinasi, to equity.
BBTN: 2 years from now, BTN Syariah will be the 2nd biggest sharia bank in Indonesia
27 Aug 2024 16:25
Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years.
PGAS net profit soars 28.4% in first semester
26 Aug 2024 21:17
PT Perusahaan Gas Negara Tbk (PGAS) posted a net profit of US$186.6 million in the first semester (1H) 2024, growing 28.4% year-on-year (yoy) or from the same semester last year.
CMNP obtains financing facility of IDR 4 trillion from SMI
13 Aug 2024 16:17
PT Citra Marga Nusaphala Persada Tbk (CMNP), a toll road company, has acquired a sharia financing facility from PT Sarana Multi Infrastruktur (Persero).
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
Theatre expansion strategy works, Cinema XXI saw 94% surge in net profit
29 Jul 2024 10:32
PT Nusantara Sejahtera Raya Tbk (CNMA) or Cinema XXI reported net profit of IDR 424.5 billion in the first half of 2024, up 94% year-on-year (yoy) from IDR 216.9 billion.
Expanding financing segment, MEKAR partners with Lippo Group
11 Jul 2024 15:32
PT Mekar Investama Teknologi, widely known as MEKAR, forms a partnership with PT Ciptadana Multifinance to provide working capital financing alternatives for MSME players through factoring scheme.
Gunanusa Eramandiri sets IPO price to IDR 150 per share
04 Jul 2024 11:04
T Gunanusa Eramandiri Tbk (GUNA), a manufacturer of soy-based and nut-based ingredients, has set the price for the initial public offering (IPO) to IDR 150 per share.
Protelindo and Iforte bags loan facility of USD 130 million from MUFG
25 Jun 2024 09:28
PT Profesional Telekomunikasi Indonesia (Protelindo) and PT Iforte Solusi Infotek (Iforte) have signed a loan facility agreement worth USD 130 million from MUFG Bank Ltd., Jakarta Branch.
Gunanusa Eramandiri (GUNA) to release 20% shares via IPO
20 Jun 2024 10:42
PT Gunanusa Eramandiri Tbk (GUNA), a producer of packaged peanuts, will offer 500 million shares in an Initial Public Offering (IPO) on the Indonesia Stock Exchange (BEI).