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Share purchase transactions increase, bringing the net foreign volume surplus to 263 million

31 Jan 2024 15:52

On Monday, January 29, foreign buying volume surged to 2.89 billion shares. This puts the net foreign surplus at 263.12 million shares, with the foreign sales volume only around 2.62 billion shares. The largest contributor to the increase in foreign buying volume was the purchase of 211.95 million shares of coal business PT Bumi Resources Tbk (BUMI), resulting in a net volume of 124.69 million shares.

Share purchase transactions increase, bringing the net foreign volume surplus to 263 million

HEXA saw 25.43% surge in profit to USD 43.85 million in 2023

31 Jan 2024 14:37

PT Hexindo Adiperkasa Tbk (HEXA) recorded profit growth of 25.34% year-on-year (yoy) to USD 43.85 million in 2023 from USD 34.98 million in 2022.

HEXA saw 25.43% surge in profit to USD 43.85 million in 2023

PPRE secured IDR 6.7 trillion of new contracts in 2023

31 Jan 2024 13:10

PT PP Presisi Tbk (PPRE) recorded 28.7% increase in its new contracts to IDR 6.7 trillion in 2023 from IDR 5.2 trillion in 2022.

PPRE secured IDR 6.7 trillion of new contracts in 2023

Hesitant about IKN, Paradise Indonesia to focus on Java’s projects this year

31 Jan 2024 11:40

As a property developer, PT Indonesian Paradise Property Tbk (INPP) has yet to show its interest in participating in the hype of Nusantara Capital City (IKN).

Hesitant about IKN, Paradise Indonesia to focus on Java’s projects this year

Woori Bank Korea to raise SDRA’s capital in rights issue

31 Jan 2024 10:17

Woori Bank Korea, the controller of 84.2% of PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA), will exercise its entire rights in the upcoming rights issue in March 2024.

Woori Bank Korea to raise SDRA’s capital in rights issue

Arsy Buana Travelindo (HAJJ) welcomes Abraha Jaya Investama as a new investor

30 Jan 2024 16:40

PT Arsy Buana Travelindo Tbk (HAJJ), which provides Umrah and Hajj services, welcomed PT Abraha Jaya Investama as a new investor on Thursday, January 25. This investor purchased 159.77 million HAJJ shares, resulting in a final ownership percentage of 6.98%. Then, two investors were seen purchasing shares in palm oil producer PT Sawit Sumbermas Sarana Tbk (SSMS): PT Putra Borneo Agro Lestari (1.33 million shares) and foreign investor Maybank Singapore Limited (3.59 million shares).

Arsy Buana Travelindo (HAJJ) welcomes Abraha Jaya Investama as a new investor

Indonesian govt aims for IDR 12 trillion in state sukuk auction next week

30 Jan 2024 15:30

The Indonesian government will hold an auction of Government Sharia Securities (SBSN) or government sukuk on Monday (5/2) next week, with an indicative target of IDR 12 trillion.

Indonesian govt aims for IDR 12 trillion in state sukuk auction next week

Tender offer completed, BDIA stake in TBIG now 79.75%

30 Jan 2024 14:23

The share portion of Bersama Digital Infrastructure Asia Pte Ltd (BDIA) rose to 79.75% from 75.33% in PT Tower Bersama Infrastructure Tbk (TBIG) after completing the tender offer last week (24/1).

Tender offer completed, BDIA stake in TBIG now 79.75%

Maybank facilitates digital gold investment, collaborates with Pegadaian to open gold savings

30 Jan 2024 11:23

PT Bank Maybank Indonesia Tbk (BNII), known as Maybank, is now collaborating with Pegadaian to introduce the results of its newest collaboration, namely Pegadaian Gold Savings on the M2U ID App.

Maybank facilitates digital gold investment, collaborates with Pegadaian to open gold savings

East Ventures to lead USD 3.5 million funding for Mesh Bio

30 Jan 2024 10:00

East Ventures, a capital venture that has been quite generous to Indonesian start-ups, is reportedly leading series A funding worth USD 3.5 million for Mesh Bio.

East Ventures to lead USD 3.5 million funding for Mesh Bio