DEWA to convert IDR 1.11 trillion debt into shares
17 Jan 2025 11:23
Two creditors are welcomed as DEWA's shareholder after swapping debt to equity by issuing 17.5 billion new shares.
POSA injects capital into three subsidiaries
10 Jan 2025 14:03
“The capital increase was carried out through a debt-to-equity conversion mechanism in three subsidiaries: PT Tanjung Pinang Indah, PT Lahan Makmur Indah, and PT ABC Bali Laut.”
Post-debt-conversion, HRUM confident of entering nickel industry
30 Dec 2024 11:22
PT Harum Energy Tbk (HRUM) is gaining optimism in the nickel industry after succeeding in swapping debt to equity for two of its subsidiaries, PT Tanito Harum Nickel (THN) and PT Harum Nickel Perkasa (HNP).
Wukong Technology now owns 49% of DATA
29 Nov 2024 10:18
Wukong Technology Partners Limited becomes the new shareholder of PT Remala Abadi Tbk (DATA) after claiming 49% of issued and paid-up capital of total 50,000 shares.
Primarajuli to convert debts to ESTI worth USD 15.10 million
26 Apr 2024 14:48
PT Primarajuli Sukses (PRS), a subsidiary of PT Ever Shine Tex Tbk (ESTI), will convert its debt to equity (debt-to-equity swap) worth USD 15.10 million.
WSBP to convert debts of 261 vendors of IDR 1.52 trillion via private placement
28 Mar 2023 10:57
PT Waskita Beton Precast Tbk. (WSBP) plans a private placement, a capital raise without preemptive rights, by converting the debts of 261 vendors worth IDR 1.52 trillion to equity.
