Bank CIMB Niaga to buyback 202 thousand shares
19 Feb 2024 20:03
PT Bank CIMB Niaga Tbk (BNGA) will conduct a share buyback, with a budget of IDR 500 million.
Vale Indonesia share divestment agreed at IDR3,750 per share
19 Feb 2024 12:39
The Ministry of Energy and Mineral Resources (ESDM) said that the divestment plan of PT Vale Indonesia Tbk (INCO) shares owned by Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. (SMM) to MIND ID, has reached a price agreement.
Empowering its agents, Manulife Indonesia holds Manulife Pro 2024
19 Feb 2024 12:28
Manulife Indonesia, one of most renowned insurance companies in Indonesia, kicks off Manulife Pro 2024, an annual recognition program held for high-performing Life Planners of Manulife across Indonesia.
Cemindo Gemilang to inject capital to cement company in Madagascar
19 Feb 2024 10:51
PT Cemindo Gemilang Tbk (CMNT), through one of its subsidiaries, Cemindo Investments Pte. Ltd. (CIPL), has indirectly placed an investment in Alpha Ciment SA, a cement manufacturer from Madagascar.
CSRA to sign credit facility of IDR 390 billion from Bank Mandiri
19 Feb 2024 10:30
PT Cisadane Sawit Raya Tbk (CSRA), an issuer engaged in the agriculture sector, has signed the credit facility worth IDR 390 billion from PT Bank Mandiri (Persero) Tbk (BMRI).
Planning a new hospital, Mitra Keluarga sets up capex of IDR 1 trillion
16 Feb 2024 13:22
PT Mitra Keluarga Karyasehat Tbk (MIKA), a healthcare provider, has set up a capital expenditure (capex) budget of approximately IDR 800 billion to IDR 1 trillion this year to support its strategy to expand its hospital network.
Post-IPO, Ayam Goreng Nelongso to aim 70% profit growth and cross-border expansion
16 Feb 2024 13:22
PT Bersama Mencapai Puncak Tbk (BAIK), the owning company of Ayam Goreng Nelongso business, aims to score net profit growth of up to 70% year-on-year (yoy) in 2024 after conducting its initial public offering (IPO).
Gov’t to hold anther state sukuk auction, eyeing IDR 12 trillion
15 Feb 2024 16:02
Indonesian government will once again hold an auction of Government Sharia Securities (SBSN) or State Sukuk on February 20, 2024, with an indicative target of IDR 12 trillion.
Working on Kediri-Tulungagung Toll, Gudang Garam invests IDR 2 trillion
15 Feb 2024 10:36
PT Gudang Garam Tbk (GGRM), one of the biggest cigarette manufacturers in Indonesia, has established a new subsidiary called PT Surya Sapta Agung Tol (SSAT) as a Toll Road Business Unit for Kediri-Tulungagung Toll Road.
Erafone to extend credit facility secured from Bank CTBC
15 Feb 2024 10:20
PT Erafone Artha Retailindo (EAR), as known as Erafone, a subsidiary of PT Erajaya Swasembada Tbk (ERAA), has signed a credit facility extension with PT Bank CTBC Indonesia.