ITMA pairs up with BIPI to establish 4 new subsidiaries
09 Jan 2025 10:44
These subsidiaries are set up to handle the company's business in freight transportation via waterways, as well as leasing activities.
POLI sells shares of two subsidiaries
02 Jan 2025 17:04
PT Pollux Hotels Group Tbk (POLI) sold its shares in two of its subsidiaries to PT Sentosa Prima Siji (SPS) in a transaction earlier this week (30/12).
TBP to invest IDR 200 billion in 6 tugboat and barge sets
20 Dec 2024 12:11
PT Trans Bahtera Pioneer (TBP) will invest IDR 200 billion to purchase six sets of tugboats and barges.
Securing loans, ALII raises stakes in subsidiary
17 Dec 2024 10:59
PT Ancara Logistics Indonesia Tbk (ALII) has increased its shares portion in its subsidiary, PT Mahakam Coal Terminal (MCT), from 70% to 78.12% through the issuance of 342,000 new shares.
Boosting growth, MPXL to expand to sea expedition services
03 Dec 2024 11:40
PT MPX Logistics International Tbk (MPXL) will expand its logistics services to ocean freight services to drive revenue growth.
TOBA to restructure its subsidiaries
19 Nov 2024 16:25
Shareholders of PT TBS Energi Utama Tbk (TOBA) agreed upon the plan to restructure its subsidiaries, PT Toba Bara Energi (TBE), PT Gorontalo Listrik Perdana (GLP), dan PT Minahasa Cahaya Lestari (MCL).
Busrul Iman: Banking Business Group benefits us
08 Nov 2024 13:38
PT Bank Pembangunan Daerah (BPD) Jawa Timur Tbk (BJTM) or Bank Jatim is ready to stand as a holding bank of Banking Business Group (KUB), overseeing five regional banks.
HMI to transfer shares in Gostal Nickel to TGEM Ptd Ltd Singapore
04 Nov 2024 15:16
PT Trinitan Green Energy Minerals (TGEM) has decided to sell the shares of its subsidiary, PT Hydortech Metal Indonesia (HMI), in PT Gostal Nickel Indonesia (GNI) to TGEM Pt Ltd Singapore for IDR 15.70 billion last week (31/10).
Hexa Prima to become the controller of FUTR via DGF
22 Oct 2024 15:13
PT Hexa Prima Nusantara (HPN) has become an indirect controller over PT Lini Imaji Kreasi Ekosistem Tbk (FUTR) after acquiring 99.99% of PT Digital Futura Global (DFG) from PT Investasi Gemilang Maju (IGM).
ADRO to divest 34.1% shares in AAI
17 Oct 2024 14:22
PT Adaro Energy Indonesia Tbk (ADRO) will divest a maximum of 7 billion shares in PT Adaro Andalan Indonesia (AAI) to its shareholders (Public Offering by Shareholders/PUPS)