CFR rating drops, APLN to negotiate on maturing senior notes
18 Mar 2024 11:08
PT Agung Podomoro Land Tbk (APLN) is discussing with notes’ holders regarding the payment of senior notes worth USD 131.96 million, which will mature on June 2, 2024.
New record, DUTI’s net profit soared 42.66% in 2023
15 Mar 2024 06:34
PT Duta Pertiwi Tbk (DUTI), a real estate and property company under Sinarmas Group, booked net profit of IDR 1.07 trillion throughout 2023, up 42.66% year-on-year (yoy).
BUMA secures facility to pay off loans
07 Mar 2024 12:45
PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (DOID), obtained an approval regarding the amendment and the transfer of loan facility from two of its creditors, PT Bank Negara Indonesia (Persero) Tbk (BBNI) and PT Bank Mandiri (Persero) Tbk (BMRI).
Telkom to transfer data centre business for USD 219 million to NeutraDC Singapore
04 Mar 2024 14:24
Telekomunikasi Indonesia Pte. Ltd. (TelinSG), a subsidiary of PT Telkom Indonesia (Persero) Tbk (TLKM), has reportedy sold its data centre business to NeutraDC Singapore Pte. Ltd. (NDSG).
GGRM’s subsidiary to manage Kediri-Tulungagung Toll Road
28 Feb 2024 17:12
PT Surya Sapta Agung Tol (SSAT), a subsidiary of PT Gudang Garam Tbk (GGRM), officially becomes the Business Operational Unit for Kediri-Tulungagung Toll Road for the next 50 years.
Citra Borneo Utama secured credit facility of IDR 1 trillion from BRI
27 Feb 2024 13:04
PT Citra Borneo Utama Tbk (CBUT), the issuer engaged in the downstream process of palm refinery sector, has obtained a credit facility from PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) or BRI worth IDR 1 trillion.
PCC rules Judicial Release in favour of GIHF
27 Feb 2024 11:03
Paris Commercial Court (PCC) has ruled on the Judicial Release in favour of Garuda Indonesia Holiday France S.AS (GIHF) for the appeal submitted by Greylag Goose Leasing 1410 and 1446 Designated Activity Company (Greylag Entities).
Autopedia Sukses Lestari to form a pawnbroker company, investing IDR 2.5 billion
26 Feb 2024 09:51
PT Autopedia Sukses Lestari Tbk (ASLC), an auction and used car inspection, has allocated IDR 2.5 billion of fresh funds to introduce the latest subsidiary called PT Autopedia Gadai Jabar (AGJ).
Telkomsat investing IDR 3.5 trillion for Satelit Merah Putih 2, Jasindo gives full coverage
23 Feb 2024 13:37
PT Asuransi Jasa Indonesia (Jasindo) confirmed that the investment value of total IDR 3.5 trillion for Satelit Merah Putih 2 will be fully covered by the company.
Bukaka Teknik to establish new subsidiary in Oman, investing IDR 122 billion
23 Feb 2024 12:51
PT Bukaka Teknik Utama Tbk (BUKK), through one of its subsidiaries, PT Bukaka Mega Investama, has formed a new subsidiary called Bukaka International LLC in Oman.
