Ready to compete with Chinese manufacturers, Astra launches 3 new battery-powered EVs
18 Sep 2024 17:19
PT Astra International Tbk (ASII) will compete with electric vehicle (EV) players from China, which have already been circulating in Indonesia.
KPC to work on downstream coal sector
18 Sep 2024 15:41
PT Kaltim Prima Coal (KPC), a subsidiary of PT Bumi Resources Tbk (BUMI) is reportedly looking for partners to work on a coal downstream project.
Appointed at Munaslub Kadin, this is the list of companies managed by Anindya Bakrie
18 Sep 2024 14:59
Anindya Novyan Bakrie was appointed as the General Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) as a result of the Extraordinary Conference (Munaslub) last weekend (14/9).
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
Diversifying fund sources, BUMA to offer IDR 1 trillion bond
18 Sep 2024 14:27
PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (DOID), is offering Bond II Year 2024 with total principal of IDR 1 trillion.
UNTR to revise Komatsu sales, slightly up to 4500 units
18 Sep 2024 14:15
Despite the normalisation of coal mining industry after sudden surge in commodity price in the past couple of years, PT United Tractors Tbk (UNTR) gains confidence and revises the projection of Komatsu sales to 4500 units.
Verona Indah Pictures to issue 1.12 billion shares in IPO
18 Sep 2024 12:10
PT Verona Indah Pictures Tbk (VERN) plans an initial public offering (IPO) by issuing 1.12 billion shares, equal to 23.54% of its issued and paid-up capital.
Capitalising on stock premium, BEEF to raise IDR 10.51 billion of capital
18 Sep 2024 11:10
PT Estetika Tata Tiara Tbk (BEEF) will increase its capital by IDR 10.51 billion, which are generated from the capitalisation of the premium of its stock, following the previous bonus share distribution.
Astra Sedaya Finance to issue IDR 2.6 trillion bonds for working capital
18 Sep 2024 10:35
PT Astra Sedaya Finance (ASDF), a financing company under Astra Group, is issuing Shelf-Registration Bond VI Phase IV Year 2024 with a principal worth IDR 2.6 trillion.
CUAN secures term loan of IDR 700 billion
18 Sep 2024 10:14
PT Petrindo Jaya Kreasi Tbk (CUAN) has obtained a term loan facility worth IDR 700 billion from PT Bank Mandiri (Persero) Tbk (BMRI).