Boosting performance, INOV to propose new business line
05 Apr 2024 16:33
PT Inocycle Technology Group Tbk (INOV) plans to establish another business line to boost its revenue performance.
Issuing Bond and Sukuk Phase III 2024, ADMF eyes IDR 2 trillion
05 Apr 2024 13:43
PT Adira Dinamika Multifinance Tbk (ADMF) is aiming to raise IDR 2 trillion via the issuance of Shelf-Registration Bond VI and Shelf-Registration Sukuk Mudharabah V Phase III Year 2024 from April 24 to 29, 2024.
Unstable economy, SAPX to cancel raising IDR 399.9 billion via rights issue
05 Apr 2024 11:11
PT Satria Antaran Prima Tbk (SAPX), a logistics and delivery service provider, announces the cancellation of its capital raise with pre-emptive rights, also known as rights issue, which had been planned a year ago.
Here are 10 top issuers controlling 75.42% of IDX market cap
05 Apr 2024 10:42
Indonesia Stock Exchange (IDX) records 10 issuers that are controlling 75.24% of total market capitalisation (market cap) worth IDR 11.69 quadrillion as of March 2024.
Nearly 700 million Gojek Tokopedia shares purchased; net foreign volume closed at 217.02 million shares
04 Apr 2024 14:14
Foreign investors purchased 689.56 million shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) on Wednesday, April 3, for a net volume of 250.79 million shares. This transaction contributed to the net foreign surplus of 217.02 million shares. Meanwhile, foreign buy volume was 2.64 billion shares, while foreign sell volume was 2.43 billion shares.
KB Valbury Sekuritas increases portion in Widodo Makmur Perkasa (WMPP) and Widodo Makmur Unggas (WMUU)
04 Apr 2024 13:08
On Tuesday, April 2, securities company PT KB Valbury Sekuritas increased its stake in two issuers at the same time. First, this investor purchased 368.50 million shares of the livestock holding company PT Widodo Makmur Perkasa Tbk (WMPP), increasing its ownership from 5.69% to 6.94%. Following that, the shares in WMPP's subsidiary, the premium chicken product producer PT Widodo Makmur Unggas Tbk (WMUU), were acquired. The same investor purchased approximately 234.37 million WMUU shares, bringing its ownership from 6.77% to 8.58%.
After purchasing 1.13 billion Surya Eka (ESSA) shares, Jonathan Chang now owns 6.6% stake
03 Apr 2024 19:49
PT Surya Esa Perkasa Tbk (ESSA), which operates a private LPG refinery and ammonia factory, welcomed Jonathan Chang as a new investor on Monday, April 1. PT BNC Sekuritas Indonesia facilitated this purchase of 1.13 billion ESSA shares, giving Chang approximately 6.6% ownership. Aside from that, a new investor also entered PT Sumber Energi Andalan Tbk (ITMA), a company that provides consulting services in the mining and energy sectors, namely PT Bersama Jaya Solusi. This investor purchased approximately 50.73 million ITMA shares through two securities companies, accounting for approximately 5.08% of the ownership.
Foreign buy volume rises, net foreign volume records surplus 938.64 million shares
03 Apr 2024 19:20
The foreign buy volume on Tuesday, April 2, rose considerably from the previous day, reaching 3.63 billion shares. Meanwhile, foreign sell volume was just 2.69 billion shares, resulting in a net foreign volume surplus of approximately 938.64 million. The shares with the highest purchases belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with 1.52 billion shares purchased, and it recorded a net volume of 774.33 million shares.
Revenue down 1.7%, Trisula International boosted profit 6% to IDR 68.2 billion
03 Apr 2024 17:28
PT Trisula International Tbk (TRIS) reported net profit growth of up to 6% year-on-year (yoy) amidst the slippage of revenue by 1.7% yoy at the end of 2023, driven by solid performances of its subsidiaries.
Revenue up, MMLP’s profit slowed down
03 Apr 2024 17:08
The profit of PT Mega Manunggal Property Tbk (MMLP) reportedly slowed down in 2023 despite its revenue growth from 2022.