Elnusa to sign MoU with Korean oil and gas company, KHAN
21 Mar 2023 10:53
PT Elnusa Tbk (ELSA) has reportedly signed the Memorandum of Understanding (MoU) with KHAN Co Ltd, an oil and gas company based in South Korea.
Boosting OCTG production, SUNI to secure landbank in Batam
13 Mar 2023 16:01
PT Sunindo Pratama Tbk (SUNI) will acquire land and buildings of 50,793 m2 in Batam, Riau Islands, to boost the production capacity for Oil Country Tubular Goods (OCTG) Tubing.
BSDE and Astra Land to form joint venture
10 Mar 2023 13:47
PT Bumi Serpong Damai Tbk (BSDE) and PT Astra Land Indonesia (ALI) establish a joint venture named PT Ruby Karya Sejahtera (RKS) that is engaged in the property sector.
Indika to grant USD 250 loan to subsidiary for gold mining project
08 Mar 2023 07:53
PT Indika Energy Tbk (INDY) channelled a loan facility to several of its subsidiaries of USD 250 million in total to aid them in gold mining project.
Latinusa posts 21.57% profit growth
28 Feb 2023 13:26
The profit of PT Pelat Timah Nusantara/Latinusa Tbk (NIKL) grew 21.57% to US$ 7.12 million in 2022 as revenue increased by 21.16%. In 2021, the company's profit was recorded at US$ 5.86 million.
TMAS to set capex budget to IDR 1 trillion
28 Feb 2023 10:52
PT Temas Tbk (TMAS) plans to allocate IDR 1 trillion for its capital expenditure budget in 2023.
Acset Indonusa to face another loss of IDR 448.91 billion
27 Feb 2023 10:00
PT Acset Indonusa Tbk (ACST), a building construction company under Astra Group, once again recorded a loss of IDR 448.91 billion in 2022.
Nusantara Infrastructure eyes 10.6% toll road revenue growth
22 Feb 2023 17:49
PT Nusantara Infrastructure Tbk (META) has intended for its revenue from the toll road business segment in the first half (H1) of 2023 to grow 10.6% from the same period last week.
WOM Finance’s profit soared 79.53%
22 Feb 2023 14:19
PT Wahana Ottomitra Multiartha Tbk (WOMF) or WOM Finance posted revenue growth of 7.89% year-on-year (yoy) in 2022, followed by massive increase of 79.53% yoy in its profit.
Asia Agri is now listed as BEEF’s shareholder
21 Feb 2023 13:22
Asia Agri International Pte Ltd steps forward as the new shareholder of PT Estetika Tata Tiara Tbk (BEEF) following yesterday’s (20/2) transaction.
