Salim Ivomas Pratama to transfer out treasury stock
18 Oct 2023 10:00
PT Salim Ivomas Pratama Tbk (SIMP), an agribusiness company under Salim Group, will transfer its entire treasury shares, which are recorded at 315 million shares.
JIIPE welcoming new investors from Hong Kong
18 Oct 2023 09:46
PT Berkah Kawasan Manyar Sejahtera (BKMS), a subsidiary of PT AKR Corporindo Tbk (AKRA) that manages JIIPE Industrial Zone, has signed an agreement with a new investor.
Indocement acquires all Semen Grobogan shares
17 Oct 2023 17:12
PT Indocement Tunggal Prakarsa Tbk (INTP), one of the largest cement producers in Indonesia, has signed a Conditional Sale and Purchase Agreement (CSPA) regarding the plan to acquire 100% of the shares of PT Semen Grobogan (SGB).
PANI recorded IDR 1.7 trillion in third quarter marketing sales
17 Oct 2023 14:15
PT Pantai Indah Kapuk Dua Tbk (PANI) is optimistic about achieving its pre-sales (marketing sales) target of IDR 2.1 trillion at the end of this year. Until the third quarter of 2023, this issuer recorded pre-sales of IDR 1.7 trillion.
Default, Fitch to demote Pan Brothers to lowest rating
17 Oct 2023 11:04
Fitch Ratings has demoted the rating of PT Pan Brothers Tbk (PBRX) to the lowest level following a default and ever-shrinking financial performance.
Sekar Laut to initiate stock split with 1:10 ratio
17 Oct 2023 10:44
PT Sekar Laut Tbk (SKLT), a processed food manufacturer, will initiate a stock split, setting the ratio to 1 to 10.
Foreign sales volume almost doubled; net foreign plunged to minus 1.72 billion
17 Oct 2023 10:30
On Monday, October 16, total foreign sales volume hit 8.65 billion shares, nearly double the previous day's volume of roughly 4.68 billion shares.
Credit Suisse AG Singapore became a new stakeholder in Adi Sarana Armada (ASSA) after purchasing almost 200 million shares
17 Oct 2023 09:59
On Thursday, October 12, foreign investor Credit Suisse AG Singapore Trust A/C Clients became a new stakeholder in PT Adi Sarana Armada Tbk (ASSA).
Citi Indonesia readies USD 30 million facility for sustainable supply chain with Coca-Cola
17 Oct 2023 09:37
Citibank N.A. Indonesia (Citi Indonesia), alongside Coca-Cola Europacific Partners Indonesia (CCEP Indonesia), is preparing total facility of almost USD 30 million (equivalent) for sustainable supply chain finance (SSCF) program.
AKR Corporindo to inject IDR 80 billion to subsidiary
16 Oct 2023 18:53
PT AKR Corporindo Tbk (AKRA) has channelled extra capital to one of its subsidiaries, PT AKR Sea Transport (AST).
