Preparing a buyback, SCNP to allocate IDR 50 billion
20 Mar 2024 11:22
PT Selaras Citra Nusantara Perkasa Tbk (SCNP) is budgeting IDR 50 billion for a buyback of a maximum 250 million shares or 10% of its total issued and paid-up capital.
In time of Ramadhan, AXA Mandiri launches Amanah Syariah Protection Insurance
19 Mar 2024 17:49
AXA Mandiri introduces its latest protection insurance product in sharia line, Amanah Syariah Protection Insurance.
Over 1 billion Gojek Tokopedia shares are traded; net foreign volume closed at minus 118.39 million shares
19 Mar 2024 14:33
On Monday, March 18, foreign investors sold 1.36 billion shares and purchased 1.13 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), bringing the net volume to -228.09 million shares. The amount of this transaction contributed to a foreign buying volume of around 2.87 billion shares and a foreign selling volume of 2.99 billion shares. As a result, net foreign volume closed at -118.39 million shares.
UBS AG Hong Kong has invested 9.06 billion shares in Bukalapak.com (BUKA)
19 Mar 2024 14:23
On Thursday, March 14, PT Bukalapak.com Tbk (BUKA), an online shopping platform, welcomed a new foreign investor. Through BUT Deutsche Bank AG, the foreign investor known as UBS AG Hong Kong Non-Treaty Omnibus Account - 2052034005 recently purchased 9.06 billion BUKA shares, or roughly 8.79% of the stakes.
Following its acquisition of Mandala Multifinance (MFIN), MUFG Bank Ltd. holds 70% control
19 Mar 2024 13:56
On Wednesday, March 13, MUFG Bank Ltd., a Japanese bank, took over as PT Mandala Multifinance Tbk's (MFIN) new controlling shareholder. Having acquired more than 1.87 billion shares through PT Bank Danamon Indonesia Tbk, this investor now holds 70.61% of the shares of the consumer finance company. Local investor PT Adira Dinamika Multi Finance Tbk also acquired 265 million MFIN shares in total, granting it immediate control over 10% of the shares.
Mandom Indonesia’s profit soared 106% in 2023
19 Mar 2024 13:26
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, booked net profit of IDR 38.12 billion in 2023, soaring 106% year-on-year (yoy) higher.
Merdeka Copper Gold to issue 362.13 million shares in private placement
19 Mar 2024 11:20
PT Merdeka Copper Gold Tbk (MDKA), a metal and mineral mining company with the highest market capitalisation, will initiate its capital raise without pre-emptive rights, or also known as private placement.
Mulia Boga Raya to set up buyback, setting up budget of IDR 7.5 billion
18 Mar 2024 19:59
PT Mulia Boga Raya Tbk (KEJU), a cheese and processed food manufacturer with the brand Prochiz, will initiate a shares buyback with a budge set to IDR 7.5 billion.
BCA to set up final dividend of IDR 227.5 per share
18 Mar 2024 17:26
PT Bank Central Asia Tbk (BBCA), the bank with the highest market capitalisation, has secured approval from its shareholders to distribute final dividend of IDR 227.50 per share, totalling IDR 28.04 trillion.
Paying debts, Waskita Beton Precast to divest assets
18 Mar 2024 11:43
PT Waskita Beton Precast Tbk (WSBP), a construction company owned by the Indonesian government through PT Waskita Karya (Persero) Tbk (WSKT), has auctioned off its assets to pay off debts to creditors.
