DEWA to convert IDR 1.11 trillion debt into shares
17 Jan 2025 11:23
Two creditors are welcomed as DEWA's shareholder after swapping debt to equity by issuing 17.5 billion new shares.
Medco Power to issue IDR 1.15 trillion sukuk wakalah for refinancing
17 Jan 2025 10:14
Medco Power Indonesia is set to meet several financial obligations due this year, funded by the issuance of a shelf-registration sukuk wakalah.
POSA injects capital into three subsidiaries
10 Jan 2025 14:03
“The capital increase was carried out through a debt-to-equity conversion mechanism in three subsidiaries: PT Tanjung Pinang Indah, PT Lahan Makmur Indah, and PT ABC Bali Laut.”
Indonesia partners with Qatari investors for 1 million affordable housing program
10 Jan 2025 10:35
Qilaa Internasional Group has signed an MoU with the government regarding this program.
BATA’s USD 4.8 million debt forgiven: Who played a key role?
09 Jan 2025 11:43
BATA has been struggling with consecutive losses since 2022.
Post-debt-conversion, HRUM confident of entering nickel industry
30 Dec 2024 11:22
PT Harum Energy Tbk (HRUM) is gaining optimism in the nickel industry after succeeding in swapping debt to equity for two of its subsidiaries, PT Tanito Harum Nickel (THN) and PT Harum Nickel Perkasa (HNP).
JCI under pressure; foreign outflow detected in past 4 days
18 Dec 2024 08:41
Foreign investors registered outflow for 4 consecutive days following steady corrections in Jakarta Stock Price Composite Index (JCI).
SRAJ to issue bonds of IDR 1.89 trillion
11 Dec 2024 18:33
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, plans to issue bonds worth USD 125 million, or equal to approximately IDR 1.89 trillion.
SICO eyes 2025 optimistically with 12% revenue growth
05 Dec 2024 12:15
PT Sigma Energy Compressindo Tbk (SICO) is confident that its revenue may increase by 12% in 2025, compared to realised revenue in 2024.
Dian Siswarini to leave EXCL, stocks unaffected
04 Dec 2024 13:22
PT XL Axiata Tbk (EXCL) shifted positively this morning (4/12) amid the news of Dian Siswarini’s resignation as President Director of EXCL circulating since yesterday (3/12).
