Hendarmin pockets IDR 14.70 billion after divesting HAJJ
29 Jan 2024 14:55
Hendarmin Agungsetya Purwanto divested all his shares in PT Arsy Buana Travelindo Tbk (HAJJ) worth IDR 14.7 billion in a transaction last week (25/1).
CP Prima paid off US$ 51.51 million Tranche A debt
29 Jan 2024 13:31
PT Central Proteina Prima Tbk (CPRO) is accelerating the repayment of Tranche A debt from the Senior Facility Agreement (SFA) resulting from the 2021 Bond restructuring amounting to US$ 51.51 million.
MMIX secures credit facility of IDR 59 billion from Bank Aladin
29 Jan 2024 10:43
PT Multi Medika Internasional Tbk (MMIX), a health device supplier, has been granted a loan facility from PT Bank Aladin Syariah Tbk (BANK) worth IDR 59 billion.
Solid credit disbursement brought BCA’s net profit to grow 48.6% in 2023
26 Jan 2024 09:41
PT Bank Central Asia Tbk (BBCA), the bank with the highest market capitalisation in Indonesia, recorded net profit of IDR 48.6 trillion in 2023.
HITS’s subsidiary to sell vessel for IDR 160 billion
26 Jan 2024 09:19
PT Humpuss Transportasi Kimia (HTK), a subsidiary of PT Humpuss Intermoda Transportasi Tbk (HITS), has reportedly divested one mooring boat for IDR 160 billion.
Restructuring debt, WIKA to obtain additional L/C facility
25 Jan 2024 10:00
PT Wijaya Karya (Persero) Tbk (WIKA) will receive extra Letter of Credit (L/C) facility from a syndicate of creditors in order to support its operation.
Smartfren to hold rights issue of 171.45 million shares, eyeing IDR 8.57 billion
25 Jan 2024 06:42
PT Smartfren Telecom Tbk (FREN), a telecommunication company under Sinarmas Group, will issue the capital increase with preemptive rights, also known as rights issue.
Collaborating with banks, OY! Indonesia to push financial inclusion forward
24 Jan 2024 14:21
OY! Indonesia, an integrated payment solution provider, is committed to boost financial inclusion in Indonesia through its collaboration with PT Bank Danamon Tbk (BDMN) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), whilst still abiding by regulations and guideline of Indonesian Fintech Association (AFTECH).
JCI seen moved up and entered red zone
24 Jan 2024 11:56
The Composite Stock Price Index (IHSG) strengthened at the start of the morning trading session, Wednesday (24/1). However, at 09.30 West Indonesia Time (WIB), the index was corrected into the red zone.
ICTSI to divest 80.19% stake in KARW
23 Jan 2024 20:05
ICTSI Far East Limited Pte Ltd is reported to be selling 80.19% of its stake in PT ICTSI Jasa Prima Tbk (KARW).