Divesting FAPA, PML Singapore bags IDR 100.36 billion
25 Sep 2024 09:57
Prinsip Management Limited (PML), Singapore, collected IDR 100.36 billion from divesting its shares in PT FAP Agri Tbk (FAPA).
FASW channels USD 50 million loan to subsidiary
25 Sep 2024 09:05
PT Fajar Surya Wasesa Tbk (FASW), a manufacturer of paper cup and packages, has signed a subsidiary loan facility agreement with PT Dayasa Aria Prima (DAP).
KLAS plans stock dividend and bonus shares distribution
25 Sep 2024 08:02
PT Pelayaran Kurnia Lautan Semesta Tbk (KLAS), a logistics and delivery company, will initiate a stock dividend and bonus shares distribution.
Investors in Lippo General Insurance record stock changes as a result of 1:10 stock split
24 Sep 2024 18:48
On Thursday, September 19, the general insurance company PT Lippo General Insurance Tbk (LPGI) conducted a 1:10 stock split. The corporate action's effect: Three large LPGI investors reported a big change in their share portions on the market hints. First, from 178.39 million shares to 1.78 billion shares, PT Hanwha Life Insurance Indonesia, the controller of 59.46% of LPGI shares, has increased its holdings. PT Inti Anugerah Pratama, the owner of 23% of LPGI shares, reported a change in shares from 69 million to 690 million shares. Then, with 14.9% of the shares, foreign investor Hanwha General Insurance Co. Ltd. now owns 447 million, ten times more than 44.70 million previously owned.
UNTR’s subsidiary acquires Lestarikan Bumi Papua
24 Sep 2024 18:41
PT Pertiwi Nusantara Raya (PNR), a subsidiary of PT United Tractors Tbk (UNTR), has wrapped up the acquisition of PT Lestarikan Bumi Papua (LBP) from two of its affiliated shareholders for IDR 67.5 billion.
Bids in today’s sukuk auction hit IDR 32.33 trillion
24 Sep 2024 15:06
The amount of incoming bids recorded in the auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk today (24/9).
Afternoon session, JCI saw improvement
24 Sep 2024 14:49
Jakarta Composite Stock Price Index (JCI) remained solid at the green zone while closing the first and entering the second session today (24/9) at 2.15 PM WIB.
Bank DBS Indonesia to work with Mirae Asset to launch multi-currency RDN
24 Sep 2024 14:44
PT Bank DBS Indonesia has officially launched its investment account (Rekening Dana Nasabah/RDN) service, pairing up with PT Mirae Asset Sekuritas Indonesia (Mirae Asset) as its security company partner to facilitate easier and swift investment.
HATM teams up with Seacon to form JV
24 Sep 2024 13:14
PT Habco Trans Maritima Tbk (HATM) collaborates with Seacon Ships Management Group (HK) Limited (Seacon) to form a joint venture company based in Singapore.
After IPO, PACK net profit grows 11.2%
24 Sep 2024 12:15
PT Solusi Kemasan Digital Tbk (PACK), a plastic packaging manufacturer for the snack food to cosmetic industry with the FlexyPack brand, posted a net profit of IDR1.29 billion in the first semester (1H) of 2024.