Acquired by EEP, PACK shares rise 9.73%
11 Feb 2025 15:17
PACK saw 9.73% jump in price to IDR 2,480 per share following the acquisition of 49% of the company by Eco Energi Perkasa (EEP).
TGRA's recovery efforts: rights issue plans and acquisition
03 Jan 2025 15:39
TGRA's difficulties began with its undersubscribed IPO on May 15, 2017, where it raised only IDR 110 billion, far below the IDR 1.5 trillion needed for capital expenditures to build its five PLTMs.
Divesting 2 PLTU, investors on the look for TOBA
28 Nov 2024 06:00
The plan of PT TBS Energi Utama Tbk (TOBA) to divest its subsidiaries, PT Gorontalo Listrik Perdana (GLP) and PT Minahasa Cahaya Lestari (MCL), triggers positive response from foreign investors.
TBS Energi Utama to hold a buyback of 816.78 million shares
12 Nov 2024 14:34
PT TBS Energi Utama Tbk (TOBA), a company engaged in several business lines in energy industry, will hold a buyback of 816.78 million shares at most, or equal to 10% of total issued and paid-up capital of the company.
TOBA to acquire Singapore company to promote waste management
11 Nov 2024 07:53
PT TBS Energi Utama Tbk (TOBA), an issuer in the management consultancy field and a holding company, has reportedly acquired Sembcorp Environment Pte Ltd (SEPL).
INDY saw 63.33% downturn in profit until Q3 2024
01 Nov 2024 12:40
The profit of PT Indika Energy Tbk (INDY) plummeted 63.33% year-on-year (yoy) at the end of Q3 2024 compared to Q3 2023.
Energi Mega Persada takes over all participating rights in Sengkang Block
15 Oct 2024 09:41
PT Energi Mega Persada Tbk (ENRG), Bakrie Group’s oil and gas company, has taken over all participating rights in Sengkang Block.
Medco Energi Internasional to distribute interim divind of IDR 15.75 per share
04 Oct 2024 14:58
PT Medco Energi Internasional Tbk (MEDC) is readying interim dividend distribution of USD 25.89 million or IDR 15.75 per share.
BREN to allocate USD 346 million for Star Energy Geothermal’s capacity raise
19 Sep 2024 09:54
Star Energy Geothermal (SEG), a subsidiary of PT Barito Renewables Energy Tbk (BREN), will channel investment worth USD 346 million in order to boost energy capacity in several geothermal plants.
Nev Stored Energy to set up tender offer for LABA’s shares
05 Sep 2024 09:01
PT Nev Stored Energy (NSE) will initiate a voluntary tender offer for the shares of PT Green Power Group Tbk (LABA), a steel manufacturer formerly called PT Ladangbaja Murni Tbk.