Indal Alumunium Industry to inject subsidiary with IDR 102 billion for refinancing
14 Nov 2024 14:44
PT Indal Aluminium Industry Tbk (INAI) has granted extra capital worth IDR 102 billion to one of its subsidiaries, PT Indalex.
Indomobil Multi Jasa saw 7.3% growth in revenue in 9M 2024
18 Oct 2024 16:35
PT Indomobil Multi Jasa Tbk (IMJS), a consumer financing company under Salim Group, booked revenue of IDR 2.71 trillion in the first nine months (9M) of 2024.
Refinancing Protelindo’s debts, TOWR to raise IDR 4.5 trilion via rights issue
11 Oct 2024 10:08
PT Sarana Menara Nusantara Tbk (TOWR) is aiming for IDR 4.5 trillion of fresh funds by holding a rights issue, the proceeds of which will be allocated to refinance its subsidiary’s obligation.
Automotive startup Broom secures Series A+ funding of USD 25 million
02 Oct 2024 18:34
Broom, a digital automotive startup, announces the conclusion of Series A+ funding round worth USD 25 million led by Openspace and followed by several renowned investors, such as AC Ventures and MUFG Innovation Partners.
Mandala Multifinance to issue bonus shares worth IDR 117.5 billion
06 Sep 2024 10:37
PT Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion.
Oto Multiartha eyes IDR 700 billion in bond issuance
20 Aug 2024 09:50
PT Oto Multiartha, a financing company formed by PT Bank BTPN Tbk (BTPN) and PT Sinar Mas Multiartha Tbk (SMMA), will issue Shelf-Registration Bond I Phase II Year 2024 with total principal of IDR 700 billion.
Sarana Multigriya Finansial to issue bond and sukuk of IDR 1.69 trillion
13 Aug 2024 08:56
PT Sarana Multigriya Finansial (Persero) or SMF, a state-owned company engaged in secondary financing for housing ownership, will issue Shelf-Registration Bond VII of SMF Phase VI Year 2024 and Shelf-Registration Sukuk Musyarakah I Phase III Year 2024.
Indika Energy issues IDR 5.64 trillion bonds
16 May 2024 12:30
PT Indika Energy Tbk. (INDY) issued bonds worth US$350 million or around IDR 5.64 trillion (Jidor exchange rate IDR 16,131/dollar) with interest of 8.75% per year, marking the first high yield in Indonesia and Asean in 2024.
WOM Finance’s net profit slightly climbed 0.24% in Q1 2024
16 May 2024 09:01
PT Wahana Ottomitra Multiartha Tbk (WOMF), widely known as WOM Finance, reported a shy climb of 0.24% year-on-year (yoy) in its net profit in Q1 2024 to IDR 62.81 billion.
Automotive industry struggled, Adira Finance only scored 3% growth in new financing
30 Apr 2024 14:27
PT Adira Dinamika Multi Finance Tbk (ADMF) saw 3% year-on-year (yoy) growth in its new financing to IDR 10.9 trillion in the first quarter (Q1) of 2024, a moderate growth due to stagnant automotive industry.
