Kideco to secure 10-year mining license
26 Jan 2023 06:25
PT Kideco Jaya Agung, a subsidiary of PT Indika Energy Tbk (INDY), has managed to obtain a Special Mining Business License, which will be effective for the next 10 years.
Diversifying, INDY to acquire 46% of essential oil manufacturer
25 Jan 2023 06:43
PT Indika Energy Tbk (INDY) is diversifying and branching out to the essential oil industry through its subsidiary, PT Indika Multi Properti (IMP), which has acquired 46% of PT Natura Aromatik Nusantara (NAN).
Indika and South Korean company to establish JV
16 Jan 2023 16:33
PT Indika Energy Tbk (INDY), through one of its subsidiaries, PT Indika Medika Nusantara (IMAN), has established a joint venture (JV) called PT Binoeer Indika Group (BIG).
INDY to spend USD 41.44 million on bonds repayment
12 Dec 2022 07:43
Subsidiaries of PT Indika Energy Tbk (INDY) have reportedly channelled USD 41.44 million for the instalment of two sets of bonds that will mature in 2024 and 2025.
Indika Energy to expedite payment for Samtan’s shares in Kideco Jaya Agung
28 Nov 2022 11:15
PT Indika Energy Tbk (INDY) has advanced the payment for shares of PT Kideco Jaya Agung that have been just acquired from ST International Co Ltd (Samtan).
MMG acquires 51% of EMB, the electric car distributor
25 Oct 2022 08:32
PT Mitra Motor Group (MMG) takes over 51% of shares of PT Energi Makmur Buana (EMB), a distributor of lectric vehicles, following the conversion of EMB’s debts of IDR 20 billion.
Indika Energi to invest IDR 20 billion in electric vehicles
19 Oct 2022 11:30
PT Indika Energy Tbk (INDY) has placed a capital investment in PT Energi Makmur Buana (EMB) in order to promote its expansion to the electric vehicle (EV) business.
INDY to repurchase USD 29.02 million bonds due 2024
17 Oct 2022 04:52
PT Indika Energy Tbk (INDY) is revealed to have repurchased some of its maturing bonds that are due 2024.
Europe eyes coal from Indonesia for power plant needs
10 Oct 2022 11:23
Coal from Indonesia is eyed by a number of countries in Europe to meet the needs of power plants, which have been hampered by war tensions between Russia and Ukraine.
Indika to wrap up PIM acquisition worth IDR 74.89 billion
29 Sep 2022 06:14
PT Indika Mineral Investindo (IMI) finishes the acquisition process of entire shares of PT Perkasa Investama Mineral (PIM) worth IDR 74.89 billion.