Bank Jago targets NIM to reach 7% at the end of 2024
29 Aug 2024 16:25
PT Bank Jago Tbk (ARTO) is targeting net interest margin in H2 2024 to arrive at 7%, relatively stable compared to 7.3% seen in H1 2024.
Gojek Tokopedia shares drives foreign volume plunges to -254.03 million shares
29 Aug 2024 16:22
Foreign investors sold the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling 714.39 million shares with a net volume of -328.42 million shares on Wednesday, August 28. These sales contributed to a rise in foreign sales volume, which totaled 2.44 billion shares. Meanwhile, the foreign buying volume was 2.18 billion shares, causing net foreign volume to drop to -254.03 million shares.
The Twinwood Family acquires one billion more shares, taking control over Sampoerna Agro (SGRO)
29 Aug 2024 16:19
On Monday, August 26, as many as 1.02 billion shares of PT Sampoerna Agro Tbk (SGRO) were added by foreign investor Twinwood Family Holdings SFO Limited to its portfolio. After the most recent deal, which was directed by PT Bank HSBC Indonesia, the investor from the United Arab Emirates, who had previously owned about 13.29% of the shares, saw its share portion soar to 69.68%. Currently, Twinwood holds a majority stake in this plantation company that runs both palm and non-palm plantations.
Surya Semesta Internusa raises marketing target three times, eyeing 182% net profit surge
29 Aug 2024 16:03
Noticing promising prospect for its industrial area, PT Surya Semesta Internusa Tbk (SSIA), a property, construction, and hospitality company, has raised marketing target for Suryacipta City of Industry, Karawang, and Subang Smartpolitan for 2024.
Low Tuck Kwong transferred shares to Elaine Low
29 Aug 2024 14:37
Dato Low Tuck Kwong, the founder and shareholder of PT Bayan Resources Tbk (BYAN), reportedly transferred 22% of his shares to Elaine Low, his daughter.
Hermina to increase capacity of IKN hospital
29 Aug 2024 14:19
PT Hermina Medikaloka Tbk (HEAL), a healthcare provider, is preparing for additional facilities for its newly operating Hermina Hospital in Nusantara Capital City (IKN).
NETV to set up reverse stock and private placement
29 Aug 2024 13:50
PT Net Visi Media Tbk (NETV) will conduct two corporate actions at once: reverse stock split and private placement, in order to strengthen its capital structure.
ASRI confident of marketing sales target of IDR 2.8 trillion
29 Aug 2024 13:28
PT Alam Sutera Tbk (ASRI) is optimistic that is will be able to secure marketing sales of IDR 2.8 trillion until the end of this year following realised marketing sales of IDR 1.2 trillion in the first half (H1) of 2024.
Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024
29 Aug 2024 11:30
PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion.
GGRM: Cigarette promotion fails to boost sales
29 Aug 2024 11:27
Massive promotion of processed tobacco products is deemed insignificant in boosting sales of PT Gudang Garam Tbk (GGRM).