PANI booked 96.76% surge to IDR 273 billion of profit
04 Mar 2024 10:46
The performance of PT Pantai Indak Kapuk Dua Tbk (PANI) has soared high, sporting revenue growth of 274% and profit growth of 96.76% year-on-year (yoy) in 2023.
BRI reigns supreme in profitability among jumbo banks in 2023
29 Feb 2024 11:59
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), one of the big four banks with market capitalisations of over IDR 100 trillion, reported the highest net profit among others in 2023.
Tiktok acquiring 75% Tokopedia: GOTO’s gain or loss?
28 Feb 2024 11:49
After becoming the public’s hot topic since late 2023, PT GOTO Gojek Tokopedia Tbk (GOTO) finally sent official words regarding the acquisition of Tokopedia by the giant video platform from China, Tiktok.
IFG to acquire 70% of Mandiri Inhealth from Bank Mandiri and Kimia Farma
26 Feb 2024 11:05
PT Bank Mandiri (Persero) Tbk (BMRI) and PT Kimia Farma Tbk (KAEF) officially divested their portions in PT Asuransi Jiwa Inhealth Indonesia (Mandiri Inhealth), equal to 70%, to PT Asuransi Jiwa IFG (IFG Life).
CSRA to sign credit facility of IDR 390 billion from Bank Mandiri
19 Feb 2024 10:30
PT Cisadane Sawit Raya Tbk (CSRA), an issuer engaged in the agriculture sector, has signed the credit facility worth IDR 390 billion from PT Bank Mandiri (Persero) Tbk (BMRI).
In need of working capital, Chandra Asri Pacific will issue IDR 1.5 trillion bonds
13 Feb 2024 09:59
PT Chandra Asri Pacific Tbk (TPIA), a petrochemical company owned by Prajogo Pangestu, is said to issue its Shelf-Registration Bonds IV Phase IV Year 2024 with a total principal of IDR 1.5 trillion.
Financing soared 15.7% in 2023, BRIS reported net profit IDR 5.7 trillion
02 Feb 2024 11:44
PT Bank Syariah Indonesia Tbk (BRIS), sharia bank with the highest market capitalisation in Indonesia, recorded financing distribution of IDR 240.32 trillion throughout 2023, increasing 15.7% year-on-year (yoy) from IDR 207.7 trillion.
Asep Sulaeman to resign from BEBS
18 Jan 2024 09:54
Asep Sulaeman Sabanda (ASS) has resigned from his position as President Commissioner of PT Berkah Beton Sadaya Tbk (BEBS) last week.
HBAT realises 78.95% of IPO proceeds
10 Jan 2024 11:09
PT Minahasa Membangun Hebat Tbk (HBAT) has realised 78.95% of the proceeds of Initial Public Offering (IPO) on August 7, 2023.
Pushing for efficiency, MDKA to rent heavy equipment from subsidiaries
04 Jan 2024 10:59
PT Merdeka Mining Indonesia (MMI), a subsidiary of PT Merdeka Copper Gold Tbk (MDKA), has signed a heavy equipment rental agreement with three other subsidiaries of MDKA.