Financial performance improves, Moody’s to revise APLN’s rating
09 Aug 2024 13:18
Moody’s Rating has reportedly promoted Corporate Family Rating (CFR) of PT Agung Podomoro Land Tbk (APLN) to Caa1 from the previous Caa3 starting from August 8, 2024.
Entering new market, Mustika Ratu to partner with Japan’s Sugi Holdings
13 May 2024 12:09
PT Mustika Ratu Tbk (MRAT) has agreed upon a cooperation with Sugi Holdings Co. Ltd., a public company listed on Tokyo Stock Exchange (TYO), for its business development.
FREN to pay off loans to Niven Holdings of IDR 5.48 trillion
01 Apr 2024 16:22
PT Smartfren Telecom Tbk (FREN) will allocate 64% of the proceeds of its rights issue of 171.45 billion shares to pay off loans and interest to Niven Holdings Limited (NHL), non-affiliated creditor.
IMR Asia Holding to acquire 83% Fortune Indonesia's shares
22 Feb 2024 16:24
IMR Asia Holding Pte. Ltd, a holding company registered in Singapore, plans to acquire 83% of the shares of PT Fortune Indonesia Tbk (FORU).
Agus Salim Pangestu earns title the Best CEO in Basic Materials
07 Dec 2023 17:47
Tempo-IDNFinancials awarded Agus Salim Pangestu, CEO of PT Barito Pacific Tbk (BRPT), as the Best CEO in Basic Materials at the 2023 TOP CEO Awards at Sofitel Nusa Dua, Bali, last Friday (1/12).
Distributing to Japan, TAYS to join hands with local partner
03 Oct 2023 08:24
PT Jaya Swarasa Agung Tbk (TAYS), a wafer and biscuit manufacturer, has signed a strategic partnership agreement with Japanese company, Mixio Holdings Incorporated.
Brand-name drugs sales rose 14.9%, Phapros’s profit still declined
27 Jul 2023 15:58
Although its profit went down by almost 30% in the first half of 2023, PT Phapros Tbk (PEHA) managed to record an increase in brand-name drugs sales.
Bangun Karya Perkasa scores new projects from Pelindo Holding worth IDR 22.64 billion
25 Jul 2023 14:34
PT Bangun Karya Perkasa Tbk (KRYA) has obtained a new contract from PT Pelindo Holding valued at IDR 22.64 billion.
Paying off debts to supplier, WICO schedules rights issue of IDR 140 billion
04 Jul 2023 08:32
PT Wicaksana Overseas International Tbk (WICO), a company engaged in bulk trading of food and beverages, will increase the capital with pre-emptive rights, also known as rights issue, by issuing 1.4 billion series B shares.
LEN Industri to issue MTN of IDR 300 billion privately
21 Jun 2023 16:36
PT LEN Industri (Persero), a state-owned electronic equipment manufacturer, issues Medium Term Notes (MTN) with a principal of IDR 300 billion without public offering.
