IMAS to conclude JV agreement with Autobacs Seven
17 Jan 2024 07:51
PT Indomobil Sukses Internasional Tbk (IMAS), a car manufacturer and distributor under Salim Group, has ended the joint venture (JV) agreement with Autobacs Seven Co., Ltd.
HSBC Indonesia to offer global mutual fund MAGET A2 for public this January 18
16 Jan 2024 14:59
PT Manulife Asset Manajemen Indonesia (MAMI) has been reported ready to distribute its latest global mutual fund product, Manulife Saham Syariah ESG Transisi Global Dolar AS (MAGET) Class A2, to Indonesian investors this Thursday, January 18, 2024.
November 2023, foreign debt increased to US$ 400.9 billion
15 Jan 2024 14:44
Bank Indonesia (BI) noted that Indonesia's Foreign Debt (ULN) in November 2023 rose 1.82% to US$400.9 billion compared to the position in October 2023 which was US$ 393.7 billion.
Lawson Indonesia to receive more capital, this time IDR 100 billion
09 Jan 2024 09:22
PT Lancar Wiguna Sejahtera (LWS), the managing company of Lawson outlets in Indonesia, has been granted extra capital worth IDR 100 billion from its shareholders.
Lautan Luas to consolidate water treatment business to Lautan Air Indonesia
05 Jan 2024 08:30
PT Lautan Luas Tbk (LTLS) has consolidated all of its water treatment activities to PT Lautan Air Indonesia (LAI), a subsidiary formerly called PT Pacinesia Chemical Industry.
Timothy Siddik’s portion in ZYRX rises to 61.04%
04 Jan 2024 13:30
Timothy Siddik Shu adds 4.7% into its portion in PT Zyrexindo Mandiri Buana Tbk (ZYRX) via PT Binexcom Mandiri Buana (BMB).
Griptha Putra Persada to offer 200 million shares in IPO
22 Dec 2023 13:02
PT Griptha Putra Persada Tbk (GRPH) will hold its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 200 million shares.
Notes exchanged, SSMS now hold the majority of CBUT
22 Dec 2023 11:58
PT Sawit Sumbermas Sarana Tbk (SSMS) is now the major shareholder of PT Citra Borneo Utama Tbk (CBUT) after concluding the exchange of its notes (exchangeable notes) with PT Citra Borneso Indah (CBI).
With gov’t support, WSKT seeks IDR 17 trillion new contracts in 2024
22 Dec 2023 11:55
Supported by the government, PT Waskita Karya (Persero) Tbk (WSKT) is optimistic about attaining new contract target in 2024 of IDR 17 trillion.
Strengthening distribution, CLEO invests IDR 180 billion in SPS
20 Dec 2023 18:34
PT Sariguna Primatirta Tbk (CLEO), a manufacturer of packaged drinks, is injecting PT Sentralsari Primasentosa (SPS) with IDR 180 billion in capital to add 50 branches in 2024. The transaction value is around 13.93% of the company's total equity of IDR 1.29 trillion as of June 2023.
