Bank Jago to seek extra capital via MESOP
24 May 2023 06:06
PT Bank Jago Tbk (ARTO) will issue 250 million shares through a management and employee stock ownership program (MESOP).
PLN scored 197% profit growth in Q1 2023
22 May 2023 10:29
PT Perusahaan Listrik Negara (Persero) or PLN managed to collect net profit of IDR 16.04 trillion in the first quarter of 2023.
DEFI shifts business field to investment
17 May 2023 12:17
After the Financial Services Authority (OJK) suspended the financing business, PT Danasupra Erapacific Tbk (DEFI) changed its focus to investment.
PTBA to set COD of PLTU Sumsel-8 to September 2023
10 May 2023 16:01
PT Bukit Asam Tbk (PTBA) has scheduled the commercial operation date (COD) of the Steam Power Plant (PLTU) of Mulut Tambang Sumsel-8 in September 2023.
Entering expansion phase, manufacturing industry expected to increase in second quarter
14 Apr 2023 13:43
The Processing Industry's Business Field Performance (LU) is estimated to still grow with an index of 54.79% in the second quarter of 2023.
CMNP to hold rights issue of 2.23 billion shares, with nominal value IDR 500 per share
05 Apr 2023 17:53
PT Citra Marga Nusaphala Persada Tbk. (CMNP) will conduct a rights issue of 2.23 billion shares with a nominal value of IDR 500 per share.
CITA to grant corporate guarantee worth USD 208.55 million
04 Apr 2023 13:32
PT Cita Mineral Investindo Tbk (CITA) grants a corporate guarantee worth USD 208.55 million for facilities of two of its affiliated companies worth USD 1.8 million.
Supporting data centre segment, Indosat to enter new business
03 Apr 2023 11:02
PT Indosat Tbk (ISAT), or Indosat Ooredoo Hutchison (IOH), plans to add new business activities to support its data centre business. Based on the analysis of its net present value (NPV), this additional business calls for extra IDR 313.8 billion of fresh funds.
Boosting OCTG production, SUNI to secure landbank in Batam
13 Mar 2023 16:01
PT Sunindo Pratama Tbk (SUNI) will acquire land and buildings of 50,793 m2 in Batam, Riau Islands, to boost the production capacity for Oil Country Tubular Goods (OCTG) Tubing.
BSDE and Astra Land to form joint venture
10 Mar 2023 13:47
PT Bumi Serpong Damai Tbk (BSDE) and PT Astra Land Indonesia (ALI) establish a joint venture named PT Ruby Karya Sejahtera (RKS) that is engaged in the property sector.