J Resources’ controller considers divestment
04 Sep 2024 09:27
Jimmy Budiarto, the controlling shareholder of PT J Resources Asia Pasifik Tbk (PSAB), is said to currently consider divesting 92.5% of the company's shares.
Two bonds from Indah Kiat Pulp & Paper (INKP) due in September
03 Sep 2024 16:39
This September, PT Indah Kiat Pulp & Paper Tbk (INKP), a paper and cardboard packaging manufacturer, is expected to pay two bond payments simultaneously. The Sinarmas Group subsidiary's Shelf Registration Bond IV Indah Kiat Pulp & Paper Stage II 2023 Series A is scheduled to mature on September 5th, 2024, with a valuation of IDR207.05 billion. In addition, INKP will once again distribute IDR1.05 trillion to the investors of Shelf Registration Bond II Indah Kiat Pulp & Paper Stage I 2021 Series B at the end of the month, specifically on September 30. This second payment will also be noted as this month's largest bond call payment.
BREN’s market cap surpasses BBCA, reaching IDR 1.43 quadrillion now
03 Sep 2024 16:03
PT Barito Renewables Energy Tbk (BREN) once again seized the top spot at market capitalisation list, defeating 934 other issuers in the stock exchange as of August 2024.
BCA Multi Finance now merges into BCA Finance
03 Sep 2024 15:25
PT Bank Central Asia Tbk (BBCA) merges two of its subsidiaries, PT BCA Multi Finance (BMC) into PT BCA Finance, effective starting yesterday (1/9).
Pefindo revises bond rating of Kapuas Prima Coal to “idCCC”
03 Sep 2024 11:06
Pemeringkat Efek Indonesia (Pefindo) has revised the rating for Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idCCC” from the initial “idD”.
PJAA scores dividend income of IDR 100 billion from subsidiary
03 Sep 2024 07:19
PT Pembangunan Jaya Ancol Tbk (PJAA) booked dividend income from one of its subsidiaries, PT Taman Impian Jaya Ancol (TIJA).
Welcoming newly appointed CFO of GOTO, Simon Tak Leung Ho
02 Sep 2024 10:45
Shareholders of PT Goto Gojek Tokopedia Tbk (GOTO) appoint Simon Tak Leung Ho as the new Chief Financial Officers, replacing Wei Jye Jacky Lo.
Komatsu heavy equipment sales plummeted, UNTR faced challenges from Chinese products
30 Aug 2024 16:01
Sales of Komatsu heavy equipment recorded by PT United Tractors Tbk (UNTR) up to July (7M) 2024 were recorded at 2,515 units, down 29% compared to 7M 2023 which reached 3,551 units.
SMGR prepares IDR 2 trillion capex until year end
30 Aug 2024 15:32
PT Semen Indonesia (Persero) Tbk (SMGR) has allocated capital expenditure (capex) of IDR 2 trillion until the end of 2024. This budget is higher than the average regular capex in the previous year of around IDR 1.3 trillion.
Promising prospect, AKRA proceeds with Eastern Indonesia expansion
30 Aug 2024 13:23
PT AKR Corporindo Tbk (AKRA) proceeds with its business expansion plan to Eastern Indonesia in order to promote business growth within the next few years.
