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Kasikorn Vision Financial buys 4.04 billion shares of Maspion Bank

01 Dec 2022 06:40

On Friday (November 25), the stock market was marked by a foreign purchase of 4.04 billion shares of PT Bank Maspion Indonesia Tbk (BMAS) by Kasikorn Vision Financial Company Pte Ltd. Ownership of this Thai company also jumped from 30% to 62.41%, making KVF the controlling shareholder of Maspion Bank. Previously, the controlling shareholder of BMAS was PT Alim Investindo, which, although it has added 123.06 million shares, now owns only 29.2%.

Kasikorn Vision Financial buys 4.04 billion shares of Maspion Bank

Market Hints Recap: MNC Holding becomes the new controller of IATA

22 Nov 2022 14:44

The purchase of 11.12 billion shares of PT MNC Energy Investments (IATA) by PT MNC Asia Holding Tbk opened the investor trading on Friday, November 18. MNC Holding is now in control of 44% of IATA shares as well as becoming the new majority shareholder for this coal holding company. This acquisition officially establishes the energy sector as The MNC Group's new venture.

Market Hints Recap: MNC Holding becomes the new controller of IATA

KIOS scores IDR2.2 billion in third quarter net profit

06 Dec 2021 16:47

PT Kioson Komersial Indonesia Tbk (IDX ticker code: KIOS.IJ), PT Kioson Komersial Indonesia Tbk (KIOS: IJ), an Online to Offline (O2O) technology-based company that focuses on developing Micro, Small, and Medium Enterprises (MSME) in Indonesia, managed to record a net profit of IDR 2.2 billion in 9M-2021 or grew 113.4% from a record loss of IDR 12.6 billion in the same period last year (YoY).

KIOS scores IDR2.2 billion in third quarter net profit