Preparing a buyback, SCNP to allocate IDR 50 billion
20 Mar 2024 11:22
PT Selaras Citra Nusantara Perkasa Tbk (SCNP) is budgeting IDR 50 billion for a buyback of a maximum 250 million shares or 10% of its total issued and paid-up capital.
FREN suffers loss, despite increase in revenue
19 Mar 2024 17:57
PT Smartfren Telecom Tbk (FREN) recorded a loss of IDR 599.63 billion in 2023, even though its revenue increased by 4.13%. In 2022, the company recorded a profit of IDR 1.64 trillion.
UNTR’s subsidiary to acquire SERD for IDR 1.25 trillion
19 Mar 2024 10:15
PT Energi Prima Nusantara (EPN), a subsidiary of PT United Tractors Tbk (UNTR), has acquired 257,449 shares of PT Supreme Energy Rantau Dadap (SERD) for IDR 1.25 trillion.
MPTIS revises the number of listed shares in tender offer
18 Mar 2024 16:12
PT Metro Pacific Tollways Indonesia Services (MPTIS), the controlling party of PT Nusantara Infrastructure Tbk (META), has revised the tender offer period to March 19 – April 17 from the previous January 25 – February 23.
ASRM plans a stock split, ratio set to 1:4
15 Mar 2024 11:37
PT Asuransi Ramayana Tbk (ASRM) will initiate the stock split with ratio set to 1:4, meaning that one share will be split into 4 shares of new value.
NCKL to offer 9.09% to potential investors
14 Mar 2024 14:34
PT Trimegah Bangun Persada Tbk (NCKL) offers 9.09% of its shares to potential investors via private placement.
Join INCO, MIND ID to own 34% stake after rights issue
14 Mar 2024 13:26
PT Mineral Industri Indonesia (Persero) (MIND ID) will become a joint controller with Vale Japan Limited (VCL) in PT Vale Indonesia Tbk (INCO) via a rights issue of 603.44 million shares.
Continue to slipping this year, ASII at the bottom of top 10 market cap
13 Mar 2024 10:27
The market capitalisation of PT Astra International Tbk (ASII) arrived at the bottom level of the top 10 market cap in Indonesia Stock Exchange (IDX) as of February 2024.
ARKO’s net profit dropped 25.79%
08 Mar 2024 13:07
Throughout 2023, the profit of PT Arkora Hydro Tbk (ARKO) declined 25.79% year-on-year (yoy) to IDR 39.10 billion from IDR 52.66 billion in 2022, the year in which ARKO debuted in the board.
FWD to raise portion in BRI Life
06 Mar 2024 17:13
FWD Management Holding, an insurance company from Hong Kong, raises its ownership portion in PT Asuransi BRI Life (BRI Life) to 43.96%.
