Buana Finance to secure credit facility of IDR 200 billion from Bank KEB Hana
21 Feb 2024 10:16
PT Buana Finance Tbk (BBLD), a consumer financing company, has obtained a term credit loan from PT Bank KEB Hana Indonesia.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
ARNA to allocate IDR 100 billion for buyback
20 Feb 2024 15:06
PT Arwana Citra Mulia Tbk (ARNA) is allocating IDR 100 billion to repurchase shares (buyback) circulating in the market.
Panin Sekuritas saw 47.5% slippage in net profit in 2023
20 Feb 2024 14:56
PT Panin Sekuritas Tbk (PANS), a security company under Panin Bank group, booked net profit of IDR 130.42 billion in 2023.
Kreasi Jasa acquires 34% of Petrosea shares by purchasing 342 million PTRO shares
20 Feb 2024 12:33
On Friday, February 16, PT Kreasi Jasa Persada acquired 342,925,700 shares of PT Petrosea Tbk (PTRO) through PT Henan Putihrai Sekuritas, resulting in 34% stakes in the mining and oil and gas infrastructure. However, PT Caraka Reksa Optima, PTRO's previous controlling shareholder, actually sold the same number of shares, reducing its ownership from 68.9% to 34.9%.
The thin difference in foreign buying and selling volume results in a net foreign of 51.70 million shares
20 Feb 2024 12:30
Foreign purchasing and selling volumes had a thin difference on Monday, February 19, as they had the day before. Foreign purchases of shares resulted in a foreign buying volume of approximately 3.48 billion shares. Foreign selling volume then totaled 3.43 billion shares, with net foreign closing at 51.70 million. The shares with the highest purchases belonged to the energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI), which was purchased for 167.93 million shares with a net volume of 155.73 million shares.
Trimegah Sekuritas purchases 1.22 billion Energi Mega Persada (ENRG) shares
20 Feb 2024 12:07
The securities company PT Trimegah Sekuritas Indonesia Tbk acquired up to 1,225,000,000 shares of PT Energi Mega Persada Tbk (ENRG) on Thursday, February 15. Trimegah Sekuritas saw an increase in share percentage from 7.86% to 12.8% as a result of this outstanding number of shares, which equates to 4.94% ownership. However, PT Bakrie Kalila Investment sold the same amount of shares, resulting in a decrease in its ownership from 40.61% to 35.67% of this issuer of oil and gas exploration and trading.
Herbal medicine sales saw a downturn, Sido Muncul’s profit down 13.95%
20 Feb 2024 09:36
PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), a pharmaceutical and herbal product manufacturer, booked net profit of IDR 950.64 billion in 2023, down 13.95% year-on-year (yoy).
Bank CIMB Niaga to buyback 202 thousand shares
19 Feb 2024 20:03
PT Bank CIMB Niaga Tbk (BNGA) will conduct a share buyback, with a budget of IDR 500 million.
Empowering its agents, Manulife Indonesia holds Manulife Pro 2024
19 Feb 2024 12:28
Manulife Indonesia, one of most renowned insurance companies in Indonesia, kicks off Manulife Pro 2024, an annual recognition program held for high-performing Life Planners of Manulife across Indonesia.
