Fitch lower Pan Brothers’ rating again, now to Restricted Default
14 Mar 2024 17:01
Fitch Ratings has demoted long-term rating of PT Pan Brothers Tbk (PBRX) to ‘RD’ (Restricted Default) level from the previous ‘C.’
Default, Fitch to demote Pan Brothers to lowest rating
17 Oct 2023 11:04
Fitch Ratings has demoted the rating of PT Pan Brothers Tbk (PBRX) to the lowest level following a default and ever-shrinking financial performance.
Pan Brothers’ profit dropped 77.18%
05 Apr 2023 16:47
The increased financial expenses took up 77.18% of net profit of PT Pan Brothers Tbk (PBRX) in 2022, lowering it from USD 16.14 million to USD 3.68 million.
Shares of GOTO and BUKA generated a net foreign surplus of roughly 240 million shares
31 Mar 2023 10:11
Foreign investors purchased 751.04 million shares of PT GoTo Gojek Tokopedia Tbk (GOTO) on Tuesday, March 28. Despite its large foreign sales volume, GOTO was able to generate a net volume of 142.70 million shares.
A Singaporean investor purchased an additional 2.7 billion shares of Pan Brothers (PBRX)
02 Feb 2023 14:05
On Friday, January 27, UBS AG Singapore S/A Burlingham International Ltd., a Singapore-based foreign investor, increased its stake in PT Pan Brothers Tbk (PBRX).
Pan Brothers (PBRX) has garnered two new investors with stakes of more than 5%
27 Jan 2023 09:55
PT Pan Brothers Tbk (PBRX), a textile issuer, just tied two new investors with over 5% ownership on Tuesday, January 24. PT Ganda Sawit Utama became the first new investor, purchasing 552,457,200 shares and acquiring 6.59% of PBRX directly. Following that, individual investor Darwin Indigo purchased 420,958,666 shares, giving this successor to the Wilmar Group 5.02% ownership of PBRX.
Foreign investors sold 2.5 billion GoTo Gojek Tokopedia shares
16 Jan 2023 13:00
On Friday, January 13, PT GoTo Gojek Tokopedia Tbk (GOTO) once again contributed to the drop in net foreign trade volume. Foreign investors sold 2,584,949,900 GOTO shares, bringing the net volume to minus 888,399,200. This figure is nearly identical to the total daily net volume, which was minus 897,925,900 units. It is worth noting that foreign investors had purchased 2.86 billion shares and sold 3.76 billion at the end of this second week of January.
The net volume of foreign transactions was quite decent at 456 million shares
13 Jan 2023 10:19
On Tuesday, January 10, the net trading volume of foreign investors reached its highest level since early January, totaling 456,178,600 shares. Foreigners purchased 2.53 billion shares, while they sold only 2.08 billion. Foreign investors were most interested in PT Bumi Resources Tbk (BUMI) shares this time, with a purchase volume of 413.89 million and a net volume of 312.95 million.
Pan Brothers to allocate IDR 600.14 billion for high quality materials
10 Jan 2023 05:58
PT Pan Brothers Tbk (PRBX), a garment and textile manufacturer, has allocated IDR 600.14 billion to purchase high quality raw materials, which are expected to boost sales this year.
