At default and consecutive losses, HKMU to shut down businesses
15 Feb 2023 19:35
PT HK Metals Utama Tbk (HKMU) has put the operation of two of its subsidiaries, PT Handal Aluminium Sukses (HAS) and PT Rasa Langgeng Wira (RLW), to a temporary halt.
Foreign debts reach USD 396.8 billion
15 Feb 2023 16:06
Indonesia’s foreign debts reportedly clocked up to USD 396.8 billion in December 2022, shrinking from USD 413.97 billion observed in the same period in 2021.
TBS Energi Utama to grant subsidiary IDR 19.06 billion
13 Feb 2023 20:19
PT TBS Energi Utama Tbk (TOBA) has channelled an extra capital worth IDR 19.06 billion to one of its subsidiaries, PT Toba Bumi Energi (TBUE).
BYAN wins over KSC closure case
13 Feb 2023 12:28
PT Bayan Resources Tbk (BYAN) won the case over the closure of PT Kaltim Supacoal (KSC), a joint venture subsidiary with BCBC Singapore.
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.
OJK to review RPK of AJB Bumiputera 1912
06 Feb 2023 14:32
The Financial Services Authority (OJK) is reviewing closely the Financial Recovery Plan (RPK) submitted by AJB Bumiputera 1912 (AJBB) under an on-site supervisory presence.
Lini Imaji Kreasi Ekosistem eyeing IDR 153.36 billion in IPO
02 Feb 2023 11:12
PT Lini Imaji Kreasi Ekosistem Tbk (FUTR) will hold an initial public offering (IPO) to raise IDR 153.36 billion of fresh funds.
Mandiri Tunas Finance saw 18.8% revenue growth
26 Jan 2023 06:10
PT Mandiri Tunas Finance (MTF) has managed to secure IDR 3.77 trillion of revenue throughout 2022, shifting 18.8% year-on-year (yoy) from IDR 3.18 trillion in 2021.
Peter Sondakh sells TAXI shares with 92.2% discount
25 Jan 2023 20:58
Peter Sondakh, one of the richest businessmen in Indonesia, has sold out shares of PT Express Transindo Utama Tbk (TAXI) with a discount of 92.2% below the market price.
GOTO continued its foreign buy streak this week
25 Jan 2023 10:31
The foreign buy of PT Goto Gojek Tokopedia Tbk (GOTO) rapidly increases in the yesterday’s (24/1) trading session. The trend of increasing foreign buy of GOTO has been detected since last week (18/1).
