Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024
03 Jun 2024 17:11
PT Metrodata Electronics Tbk (MTDL) prepares IDR 630 billion for its capital expenditure (capex) budget for 2024.
Starlink enters Indonesia, Mitratel reveals plans
02 Jun 2024 11:41
PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, does not seem bothered with Starlink entering Indonesia’s premises, and is reported to have agreed upon partnership with this satellite connection provider owned by Elon Musk.
Establishing 4 new factories, CLEO to increase production by 1 billion litre per year
30 May 2024 18:21
Bottled mineral water manufacturer of Cleo brand, PT Sariguna Primatirta Tbk (CLEO), plans to add 4 new factories this year to increase production capacity as market demand skyrockets.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
NICE secures 63.24% surge since early 2024
21 May 2024 13:53
The stock of PT Adhi Kartiko Pratama Tbk (NICE) increased 63.24%, starting from its debut on the stock exchange earlier this year until last Monday (20/5).
Eyeing 2T sales, Segar Kumala Indonesia to budget capex of IDR 16 billion
02 May 2024 12:25
After scoring fantastic revenue growth of up to 28.7% year-on-year (yoy) in 2023 to IDR 1.78 triliun, PT Segar Kumala Indonesia Tbk (BUAH), a fruit and frozen poultry wholesale company, aims to obtain sales of IDR 2 trillion, or growing 12.3% yoy until December this year.
Profit declined, TOBA to abstain from dividend distribution
30 Apr 2024 10:43
The net profit of PT TBS Energi Utama Tbk (TOBA) dropped 86.32% year-on-year (yoy) in 2023 from the same period in 2022.
In need of extra working capital, HRTA to issue Bond of IDR 500 billion
26 Apr 2024 16:06
In order to boost its working capital in the long run, PT Hartadinata Abadi Tbk (HRTA) will issue Shelf-Registration Bond II Phase I Year 2024 worth IDR 500 billion.
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.
Raising capex by 80%, KEJU aims for efficiency and restaurant chains supply
24 Apr 2024 13:49
In 2024, PT Boga Mulia Raya Tbk (KEJU), the Prochiz cheese manufacturer, will set up a capital expenditure (capex) budget of 80% higher than last year’s allocation.
