Motorcycle sales hit 5.2 million units in 2022
11 Jan 2023 18:45
Indonesian Motorcycle Industry Association recorded motorcycle sales in the domestic market throughout 2022 of 5.2 million units, surpassing the initial target set by the association.
Pakuwon Jati to set capex budget to IDR 2.4 trillion this year
11 Jan 2023 17:51
PT Pakuwon Jati Tbk (PWON) is currently preparing IDR 2.4 trillion of capital expenditure (capex) this year.
Len Industri suspected of collusion of railway signal project
11 Jan 2023 15:55
PT Len Industri (Persero) and five other parties are reportedly sued for alleged collusion regarding the tender offer of electrical signal system for the double-track Bogor-Cicurug railway.
Mitra Investindo to realise rights issue proceeds
11 Jan 2023 15:24
PT Mitra Investindo Tbk (MITI) has realised IDR 178.63 billion of its rights issue proceeds of IDR 181.12 billion. As of now, the proceeds are down to IDR 634.55 million.
Four issuers acquired fresh investors
11 Jan 2023 13:55
On Thursday, January 5, four issuers saw the arrival of new investors with more than 5% ownership. First, PT Mega Manunggal Property Tbk (MMLP), a logistics property issuer, became a new investment instrument for UOB Kay Hian Pte Ltd, which directly purchased 1,259,737,600 shares for 18.29% ownership. This time, however, another foreign investor, Bridge Leed Limited, released 1,252,525,300 MMLP shares.
Finally, at 133 million shares, net foreign is positive
11 Jan 2023 13:47
Finally, on Friday, January 6, the net foreign trade volume revealed a surplus. The volume of foreign purchases, which totaled 1,47 billion shares, exceeded the volume of sales, resulting in a net volume of 133,071,100 shares. Interestingly, PT GoTo Gojek Tokopedia Tbk (GOTO) had the highest net volume with 255,916,000 shares after being purchased for 425,912,600 shares by foreign investors. In contrast, foreigners sold 130.86 million shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), resulting in the lowest net volume of minus 57.26 million shares.
Citra Buana to build 33 shophouses in Paskal Hyper Square
11 Jan 2023 13:15
PT Citra Buana Prasida Tbk (CBPE), a real estate developer, will build shophouses in Paskal Hyper Square, Bandung, using a Build-Operate-Transfer (BOT) scheme.
Argo Pantes to cancel asset handover to its affiliate
11 Jan 2023 12:08
The shareholders of PT Argo Pantes Tbk (ARGO) will cancel the divestment of machine whose sale and purchase agreement was signed on June 1, 2016.
In need for extra capital, Bank QNB to hold rights issue of 14.72 billion shares
11 Jan 2023 11:03
PT Bank QNB Indonesia Tbk (BKSW), a subsidiary of Qatar National Bank, announces the plan to increase its capital through the issuance of pre-emptive rights, also known as a rights issue, of 14.72 billion units of shares.
Aviana Sinar Abadi seeks IDR 100 billion in IPO
11 Jan 2023 10:48
PT Aviana Sinar Abadi Tbk (IRSX), a technology company that has been operating since 2010, will issue 1 billion units of shares through the initial public offering (IPO) in Indonesia Stock Exchange (IDX).
