Higher finance expenses, Kobexindo Tractors lost IDR 41.91 billion
17 May 2024 10:53
PT Kobexindo Tractors Tbk (KOBX), a distributor of heavy equipment and vehicles, reported a loss of IDR 41.91 billion in the first quarter (Q1) of 2024.
Up 6.46%, ELSA to channel dividend of IDR 201.25 billion
17 May 2024 09:51
PT Elnusa Tbk (ELSA) will distribute dividend for the fiscal year (FY) 2023 of IDR 201.25 billion, up 6.46% year-on-year (yoy) from the dividend allocated in FY 2022.
Waskita Karya bailed on bond’s principal and interest payment of IDR 1.36 trillion
16 May 2024 17:00
PT Waskita Karya (Persero) Tbk (WSKT), yet again, failed to pay off principal and interest of its bond worth IDR 1.36 trillion, whose payment is due this Thursday (16/5).
Selling expenses swelled, Bakrie & Brothers’ profit down 24%
16 May 2024 16:14
PT Bakrie & Brothers Tbk (BNBR), a multisector holding company of Bakrie Group, only managed to book net profit of IDR 53.02 billion in Q1 2024.
Prima Cakrawala takes over 4.44 billion shares of Bank MNC from MNC Land
16 May 2024 15:47
On Wednesday, May 8, up to 4.45 billion shares of PT Bank MNC Internasional Tbk (BABP) exchanged hands. A new investor, PT Prima Cakrawala Sentosa, acquired these shares from PT MNC Land Tbk's stake, resulting in its falling from 16.82% to 6.82%, with Prima Cakrawala now holding 10%. PT MNC Sekuritas facilitated the transaction between these two investors.
TOTL to pay dividend of IDR 136.4 billion, down 60%
16 May 2024 15:22
PT Total Bangun Persada Tbk (TOTL) will be distributing dividend of IDR 136.4 billion for the fiscal year (FY) 2023, down 60% from FY 2022 of IDR 341 billion.
Saratoga's dividend only IDR 22 per share, buyback got cancelled
16 May 2024 13:57
PT Saratoga Investama Sedaya Tbk (SRTG), the investment company founded by Erwin Soeryadjaya and Sandiaga Uno, announced the dividend distribution of IDR 22 per share.
MIDI posted IDR 158.56 billion in Q1 profit
16 May 2024 13:22
PT Midi Utama Indonesia Tbk (MIDI), which manages the Alfamidi network, posted a net profit of IDR 158.56 billion in the first quarter of 2024, up 34.94% from the same period in 2023 of IDR 117.50 billion.
Indika Energy issues IDR 5.64 trillion bonds
16 May 2024 12:30
PT Indika Energy Tbk. (INDY) issued bonds worth US$350 million or around IDR 5.64 trillion (Jidor exchange rate IDR 16,131/dollar) with interest of 8.75% per year, marking the first high yield in Indonesia and Asean in 2024.
Foreign purchase and sell volumes differ slightly; net foreign volume at -118.10 million shares
16 May 2024 12:18
On Tuesday, May 14, share purchasing and selling activities were found to be quite similar, with a foreign buying volume of 2.51 billion shares and a selling volume of 2.63 billion shares. As a result, net foreign volume ended at -118.10 million shares. The energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) had the biggest net volume this time, with around 81.11 million shares, following the purchase of 87.61 million of its shares by foreign investors.
