Unusual stock price surge, stock exchange authority suspends MLPT
17 Sep 2024 13:28
The authority of Indonesia Stock Exchange (IDX) has suspended the transaction of PT Multipolar Technology Tbk (MLPT) after showing an unusual rapid price surge.
August 2024 saw trade surplus dropped 6.96% yoy
17 Sep 2024 11:52
Indonesia’s trade surplus in August 2024 of USD 2.89 billion dropped 6.96% year-on-year (yoy) from USD 3.11 billion seen in August 2023.
Indonesian gov’t to aim for IDR 22 trillion in next week’s SUN auction
13 Sep 2024 15:13
The Indonesian government will hold another round of auction of Government Securities (SUN) next Tuesday (17/9) with an indicative target set to IDR 22 trillion.
MAHA to allocate IDR 200 billion for buyback
13 Sep 2024 14:56
PT Mandiri Herindo Adiperkasa Tbk (MAHA) is allocating IDR 200 billion in order to repurchase shares (buyback) of a maximum 20% of its paid-up capital.
KDSI to set up stock split with ratio of 1:4
13 Sep 2024 13:35
PT Kedawung Setia Industrial Tbk (KDSI) is preparing to have a stock split with a ratio of 1:4, meaning that one old share will be divided into 4 shares with new value.
Expanding factory in Cilegon, Nippon Shokubai Indonesia readies IDR 1.69 trillion
13 Sep 2024 10:51
Nippon Shokubai Indonesia, a petrochemical company that has been investing in Indonesia since 1996, is preparing IDR 1.69 trillion for factory expansion in Cilegon.
MSIN now has control over RAAM's shares
13 Sep 2024 09:32
PT MNC Digital Entertainment Tbk (MSIN) steps in as the new shareholder of PT Tripar Multivision Tbk (RAAM) via private placement of 619.42 million shares, bought for IDR 500 each.
Accelerating BSD City innovation, Living Lab Ventures to launch International Landing Pad
12 Sep 2024 23:05
Living Lab Ventures (LLV), corporate venture capital (VC) under Sinar Mas Lang, collaborates with the government of New South Wales (NSW), Australia, to introduce International Landing Pad in order to boost start-ups and companies from both countries to launch global expansion.
Diversifying, Adaro to divest thermal coal business
12 Sep 2024 10:23
PT Adaro Energy Indonesia Tbk (ADRO) plans to divest portions in one of its subsidiaries engaged in thermal coal mining business, PT Adaro Andalan Indonesia (AAI).
Buana Finance to secure credit facility of IDR 300 billion from Bank HSBC
11 Sep 2024 19:35
PT Buana Finance Tbk (BBLD) has signed a credit facility agreement with PT Bank HSBC Indonesia.
