JAYA grants IDR 3.15 billion loan to subsidiary
27 Dec 2023 16:28
PT Armada Berjaya Trans Tbk (JAYA) has reportedly given a loan facility worth IDR 3.15 billion to its subsidiary, PT Aman Bae Perkasa (ABP), on December 26, 2023.
Ford Motor Company injects IDR 88.7 billion in Kolaka Nickel Indonesia
27 Dec 2023 10:37
Ford Motor Company, a leading multinational car manufacturer from the U.S, has invested a large amount of capital in PT Kolaka Nickel Indonesia (KNI).
Notes exchanged, SSMS now hold the majority of CBUT
22 Dec 2023 11:58
PT Sawit Sumbermas Sarana Tbk (SSMS) is now the major shareholder of PT Citra Borneo Utama Tbk (CBUT) after concluding the exchange of its notes (exchangeable notes) with PT Citra Borneso Indah (CBI).
Rights issue in January 2024, PANR eyes IDR 75 billion
22 Dec 2023 11:26
PT Panorama Sentrawisata Tbk (PANR) aims to secure fresh funds of IDR 75 billion in a rights issue by offering 187.5 billion shares on January 8-19, 2024.
Again, another TRJA’s shareholder to divest
21 Dec 2023 13:37
PT Aneka, distributor of drilling machine, divests its portion in PT Transkon Jaya Tbk (TRJA), taking the same action led by two other shareholders, PT Damai Investama Sukses (DIS) and PT MSJ Investama Abadi (MIA), which had divested theirs prior.
MDKA to channel revolving loan of USD 100 million to MBMA
21 Dec 2023 10:22
PT Merdeka Copper Gold Tbk (MDKA) grants a revolving credit facility with a maximum limit of USD 100 million to fund the operation of PT Merdeka Battery Materials Tbk (MBMA). This affiliate transaction was signed yesterday (18/12).
Strengthening distribution, CLEO invests IDR 180 billion in SPS
20 Dec 2023 18:34
PT Sariguna Primatirta Tbk (CLEO), a manufacturer of packaged drinks, is injecting PT Sentralsari Primasentosa (SPS) with IDR 180 billion in capital to add 50 branches in 2024. The transaction value is around 13.93% of the company's total equity of IDR 1.29 trillion as of June 2023.
MIDI to open 450 new stores next year
20 Dec 2023 11:13
PT Midi Utama Indonesia Tbk (MIDI) sets up capital expenditure (capex) budget of IDR 1.4 trillion in 2024. This capex will be used to establish 450 new Alfamidi and Lawson outlets.
GZCO secures additional land
19 Dec 2023 14:57
PT Gozco Plantations Tbk (GZCO) will receive an additional 9,610 hectares (Ha) of plantation land and 3,154 Ha of mature plantations from PT Sinar Karya Mandiri (SKM)
ISSP to allocate capex of IDR 200 billion next year
15 Dec 2023 11:54
PT Steel Pipe Industry of Indonesia Tbk (ISSP) allocates IDR 200 billion for its capital expenditure (capex) budget in 2024.
