Expanding to EV industry, INDY spent IDR 60 billion on new subsidiary
26 Sep 2023 11:33
PT Indika Energy Tbk (INDY) has reportedly established a new subsidiary, investing IDR 60 billion, to expand its business to electric vehicles (EV) industry.
Samudera Indonesia injected IDR 2 billion in subsidiary capital for business development
22 Sep 2023 13:37
PT Samudera Indonesia Tbk (SMDR), a logistics and shipping company, has provided a capital injection of IDR 2 billion to one of its subsidiaries, namely PT Satuan Harapan Indonesia (SHI).
Lautan Luas to invest more in water treatment business
04 Sep 2023 17:10
PT Lautan Luas Tbk (LTLS) has channelled investment worth IDR 5 billion to one of its subsidiaries engaged in the water treatment industry, PT Lautan Solusi Airindo (LSA).
Acquiring credit from Mandiri, TOBA takes over medical waste treatment company
29 Aug 2023 08:36
PT TBS Energi Utama Tbk (TOBA), a coal mining company, has acquired medical waste treatment company called Asia Medical Enviro through one of its subsidiaries.
Humpuss Maritim to form joint venture with Mitsui Lines
23 Aug 2023 20:41
PT Humpuss Maritim Internasional Tbk (HUMI), a domestic sea transportation service provider, has established a new joint venture (JV) through one of its subsidiaries, PT MCS Internasional (MCSI).
BNI Multifinance secures IDR 400 billion capital
23 Aug 2023 20:30
PT BNI Multifinance, one of subsidiaries of PT Bank Negara Indonesia (Persero) Tbk (BBNI), has acquired an extra capital injection of IDR 400 billion.
Kobexindo Tractors established a new subsidiary with IDR 2 billion investment
22 Aug 2023 19:27
PT Kobexindo Tractors Tbk (KOBX) has established a new subsidiary under the name PT Kobexindo Equipment.
From Alpha JWC to Horizon Ventures, INDY’s subsidiaries secure investments
21 Aug 2023 17:22
Several renowned global investors, starting from Alpha JWC to Horizon Ventures, will reportedly make investments in three subsidiaries of PT Indika Energy Tbk (INDY).
AKR Corporindo to channel another IDR 62.65 billion to subsidiary
14 Aug 2023 09:20
PT AKR Corporindo Tbk (AKRA), a fuel distributor operating circa 1978, has injected extra capital worth IDR 62.65 billion to one of its subsidiaries, PT Anugerah Krida Retailindo (Akrida).
Jasa Marga added extra IDR 13.42 billion for JTMO
10 Aug 2023 08:09
PT Jasa Marga (Persero) Tbk (JSMR) has increased capital of PT Jasamarga Tollroad Operator (JTMO), a subsidiary engaged in the toll road operation.
