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Sejahtera Raya transfers 25 million Indomobil (IMAS) shares to Trimegah Sekuritas

05 Jun 2024 10:35

On Wednesday, May 29, up to 25 million shares of the automotive company PT Indomobil Sukses Internasional Tbk (IMAS) traded hands. PT Sejahtera Raya Perkasa, which owns 10.1% of IMAS, transferred the shares to PT Trimegah Sekuritas Indonesia Tbk, which now also owns approximately 10.14% of the shares. Aside from that, PT Metro Pacific Tollways Indonesia acquired nearly 80 million shares of PT Nusantara Infrastructure Tbk (META), a construction contractor, increasing the controlling share percentage from 95.92% to 95.97%.

Sejahtera Raya transfers 25 million Indomobil (IMAS) shares to Trimegah Sekuritas

Elnusa to channel IDR 82 billion to pipe manufacturing business line

05 Jun 2024 09:44

PT Elnusa Tbk (ELSA), an issuer engaged in the support of upstream oil and gas business, has channelled a loan facility worth IDR 82 billion to one of its subsidiaries, PT Elnusa Fabrikasi Konstruksi (EFK).

Elnusa to channel IDR 82 billion to pipe manufacturing business line

Profit keeps proliferating, Allo Bank still hesitant on dividend distribution

04 Jun 2024 14:40

PT Allo Bank Indonesia Tbk (BBHI) decided not to distribute any dividend despite its growth following shares’ acquisition in mid-2021. The entire of its net profit of 2023 is allocated to enhance its capitalisation.

Profit keeps proliferating, Allo Bank still hesitant on dividend distribution

Merdeka Battery Materials booked net profit of USD 3.67 million in Q1

04 Jun 2024 13:29

PT Merdeka Battery Materials Tbk (MBMA), a nickel mining company under Merdeka Copper Gold, reported net profit of USD 3.67 million in the first quarter (Q1) of 2024.

Merdeka Battery Materials booked net profit of USD 3.67 million in Q1

KRAS saw a downturn in 2023

04 Jun 2024 12:45

PT Krakatau Steel (Persero) Tbk (KRAS) showed declining performance throughout 2023 compared to 2022.

KRAS saw a downturn in 2023

Tower Bersama Infrastructure to distribute cash dividend of IDR 683.62 billion

04 Jun 2024 11:01

PT Tower Bersama Infrastructure Tbk (TBIG), a telecommunication tower provider, will allocate cash dividend of IDR 683.62 billion from its net profit in the fiscal year (FY) 2023.

Tower Bersama Infrastructure to distribute cash dividend of IDR 683.62 billion

PGEO’s dividend up 328%

04 Jun 2024 09:45

The dividend of PT Pertamina Geothermal Energy Tbk (PGEO) for the fiscal year (FY) 2023 soared 328% compared to FY 2022 allocation.

PGEO’s dividend up 328%

Foreign buying and selling volumes reach fantastic figures, net foreign volume drops to -3.94 billion shares

03 Jun 2024 17:17

On Friday, May 31, share buying and selling transactions by foreign investors reached astounding numbers, with foreign buying volume at 12.72 billion shares and foreign selling volume at 16.67 billion shares. The high amount of foreign sell volume led to a drop in the net foreign volume to -3.94 billion shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) was the company with the most shares sold, namely 7.34 billion shares, with a net volume of -2.88 billion shares.

Foreign buying and selling volumes reach fantastic figures, net foreign volume drops to -3.94 billion shares

Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024

03 Jun 2024 17:11

PT Metrodata Electronics Tbk (MTDL) prepares IDR 630 billion for its capital expenditure (capex) budget for 2024.

Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024

Benteng Api Technic to set IPO price to IDR 110 per share

03 Jun 2024 16:40

PT Benteng Api Technic Tbk (BATR), a heat-resistant and insulation material, has set the initial public offering (IPO) price to IDR 110 per share.

Benteng Api Technic to set IPO price to IDR 110 per share