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The Twinwood Family acquires one billion more shares, taking control over Sampoerna Agro (SGRO)

29 Aug 2024 16:19

On Monday, August 26, as many as 1.02 billion shares of PT Sampoerna Agro Tbk (SGRO) were added by foreign investor Twinwood Family Holdings SFO Limited to its portfolio. After the most recent deal, which was directed by PT Bank HSBC Indonesia, the investor from the United Arab Emirates, who had previously owned about 13.29% of the shares, saw its share portion soar to 69.68%. Currently, Twinwood holds a majority stake in this plantation company that runs both palm and non-palm plantations.

The Twinwood Family acquires one billion more shares, taking control over Sampoerna Agro (SGRO)

Surya Semesta Internusa raises marketing target three times, eyeing 182% net profit surge

29 Aug 2024 16:03

Noticing promising prospect for its industrial area, PT Surya Semesta Internusa Tbk (SSIA), a property, construction, and hospitality company, has raised marketing target for Suryacipta City of Industry, Karawang, and Subang Smartpolitan for 2024.

Surya Semesta Internusa raises marketing target three times, eyeing 182% net profit surge

ASRI confident of marketing sales target of IDR 2.8 trillion

29 Aug 2024 13:28

PT Alam Sutera Tbk (ASRI) is optimistic that is will be able to secure marketing sales of IDR 2.8 trillion until the end of this year following realised marketing sales of IDR 1.2 trillion in the first half (H1) of 2024.

ASRI confident of marketing sales target of IDR 2.8 trillion

Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024

29 Aug 2024 11:30

PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion.

Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024

GGRM: Cigarette promotion fails to boost sales

29 Aug 2024 11:27

Massive promotion of processed tobacco products is deemed insignificant in boosting sales of PT Gudang Garam Tbk (GGRM).

GGRM: Cigarette promotion fails to boost sales

BBRI pushes for user increase and seeks new growth engine

29 Aug 2024 11:16

PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is preparing several strategies to attain sustainable business growth, starting from boosting the number of users and securing new growth engine.

BBRI pushes for user increase and seeks new growth engine

BCA Expoversary promotes consumer credit growth in H1 2024

28 Aug 2024 21:13

PT Bank Central Asia Tbk (BBCA) booked growth of distributed credit of 15.5% year-on-year (yoy) throughout the first half (H1) of 2024.

BCA Expoversary promotes consumer credit growth in H1 2024

Coal reserves increase, ITMG eyes production of 20.2 million ton this year

28 Aug 2024 17:29

PT Indo Tambangraya Megah Tbk (ITMG) announces positive result from the latest audit on its coal reserves and resources in several of its mines located in eastern Kalimantan.

Coal reserves increase, ITMG eyes production of 20.2 million ton this year

Foreign sell volume increased, net foreign closed at -749.95 million shares

28 Aug 2024 16:26

Foreign sell volume surged on Tuesday, August 27, reaching 2.42 billion shares, while the foreign buy volume was merely 1.67 billion shares. As a result, net foreign volume finished at -749.95 million shares. On the share purchase list, the aerosol services company PT Estee Gold Feet Tbk (EURO) had the most shares purchased, totaling 57.04 million shares with a net volume of 53.30 million shares.

Foreign sell volume increased, net foreign closed at -749.95 million shares

SIDO plans export expansion to Vietnam in second half

28 Aug 2024 15:12

PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), more popularly known as Sido Muncul, reported fantastic growth in exports by up to 73% year-on-year (yoy) in the first half (H1) of 2024.

SIDO plans export expansion to Vietnam in second half