Life insurance’s mutual fund assets down to IDR 78.2 trillion
04 Mar 2024 11:45
The mutual fund assets in Indonesian life insurance industry continued to decline. Within the past 3 years, they have shrunk by 52.71%.
Buana Finance to obtain another IDR 765 billion facility from Bank Danamon
04 Mar 2024 10:26
PT Buana Finance Tbk (BBLD), a consumer financing company listed on Indonesia Stock Exchange (IDX) since 1990, has acquired a credit facility worth IDR 765 billion from PT Bank Danamon Indonesia Tbk (BDMN).
Panca Mitra Multiperdana to issue 258.83 million shares in private placement
29 Feb 2024 10:13
PT Panca Mitra Multi Perdana Tbk (PMMP), a company engaged in shrimp processing and wholesale trading industry, will issue a capital increase without pre-emptive rights, also known as a private placement.
CAKK earns IDR 36.22 billion from land sale in Karawang
26 Feb 2024 18:23
PT Cahayaputra Asa Keramik Tbk (CAKK) received IDR 36.22 billion from the sale of 97,905 m2 of vacant land in Ciampel, Karawang, West Java.
DIVA still pockets 6.79% of IPO proceeds
19 Jan 2024 15:02
PT Distribusi Voucher Nusantara Tbk (DIVA) still sets aside 6.79% of the proceeds of its initial public offering (IPO), which was totalled to IDR 612.14 billion.
BREN realised 83.84% of IPO proceeds
16 Jan 2024 18:11
PT Barito Renewables Energy Tbk (BREN) has realised 83.84% of total proceeds of its initial public offering (IPO), amounting to IDR 2.58 trillion out of IDR 3.08 trillion.
HSBC Indonesia to offer global mutual fund MAGET A2 for public this January 18
16 Jan 2024 14:59
PT Manulife Asset Manajemen Indonesia (MAMI) has been reported ready to distribute its latest global mutual fund product, Manulife Saham Syariah ESG Transisi Global Dolar AS (MAGET) Class A2, to Indonesian investors this Thursday, January 18, 2024.
Pairing up with HSBC, Manulife Asset Manajemen Indonesia to launch MAGET A2
16 Jan 2024 11:39
PT Manulife Asset Manajemen Indonesia (MAMI) and PT Bank HSBC Indonesia (HSBC) collaborate to launch and distribute the latest mutual fund products, Manulife Saham Syariah ESG Transisi Global Dolar AS (MAGET) Class A2 today (16/1).
PALM subsidiary to pay off obligations of IDR 3.61 trillion
15 Jan 2024 14:49
PT Alam Permai (AP), a subsidiary of PT Provident Investasi Bersama Tbk (PALM), will pay off its obligations worth IDR 3.61 trillion to a number of shareholders. The funds come from PALM's rights issue on March 13-26 2023.
Nusantara Sawit realized 53.42% IPO funds
12 Jan 2024 10:59
PT Nusantara Sawit Sejahtera Tbk (NSSS) realized 53.42% of the net proceeds from its initial public offering of IDR 430.51 billion. The largest realization was for capital expenditure of its subsidiary, PT Borneo Sawit Perdana (BSP).
