First half saw ZBRA’s loss swelled 179%
02 Oct 2024 11:25
The loss recorded by PT Dosni Roha Indonesia Tbk (ZBRA) swelled 179% year-on-year (yoy) in H1 2024 to IDR 166.11 billion from the initial IDR 59.52 billion seen in H1 2023.
Foreign buy recorded larger, net foreign volume surplus at 478.21 million shares
02 Oct 2024 11:07
On Tuesday, October 1, foreign investors were seen purchasing shares, resulting in a foreign buying volume of 3.39 billion shares. Share sales were also carried out, with a foreign sales volume of 2.91 billion shares. As a result, net foreign volume hit a surplus at 478.21 million shares. The share purchase list then began with the purchase of around 951.53 million shares of coal mining company PT Bumi Resources Tbk (BUMI), for a net volume of 300.18 million shares. Shares of BUMI's subsidiary, PT Bumi Resources Minerals Tbk (BRMS), which works in the mineral mining sector, were also purchased for 230.80 million shares with a net volume of 48.96 million shares.
Dima Investindo receives 440 million Kurniatmitra (KMDS) shares from Miki Ojisan
02 Oct 2024 11:04
PT Miki Ojisan Indomitra, the company that controls PT Kurniamitra Duta Sentosa Tbk (KMDS), released 440 million shares to PT Dima Investindo, a new investor, on Thursday, September 26. Miki Ojisan used to own 76.19% of the shares in this issuer in the food and beverage industry, but after these shares were released, his ownership fell to 21.19%. With 55% of the shares, Dima Investindo is now the new controller of KMDS. PT BCA Sekuritas led both of the transactions.
SMMA to invest IDR 95 billion in Liugong Finance Indonesia
01 Oct 2024 10:34
PT Sinar Mas Multiartha Tbk (SMMA), a financial service company under Sinar Mas Group, has made capital investment in PT Liugong Finance Indonesia.
PTRO to invest IDR 6 trillion on mining equipment in Central Kalimantan
01 Oct 2024 10:01
PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan.
Accelerating green hydrogen innovation, PGEO to work with Pertamina NRE and Genvia
01 Oct 2024 09:42
PT Pertamina Geothermal Energi Tbk (PGEO) has signed a Memorandum of Understanding (MoU) with PT Pertamina Power Indonesia (Pertamina NRE) and Genevia, a France-based company focusing on clean hydrogen technology development.
GIAA reported loss of USD 101.65 million in H1 2024
01 Oct 2024 09:39
The loss of PT Garuda Indonesia (Persero) Tbk (GIIA) worsened 32.88% year-on-year (yoy) in the first half (H1) of 2024 to USD 101.65 million from USD 76.50 million seen in H1 2023.
Indika Energy to divest subsidiary to Barito Group
01 Oct 2024 08:27
PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL).
Gov’t raises fund again, eyeing IDR 22 trillion in SUN auction
30 Sep 2024 16:01
The Indonesian government will once again hold another auction of Government Securities (SUN) yesterday (1/10), with an indicative target of IDR 22 trillion.
DI wraps up acquisition of 55% KMDS for IDR 184.8 billion
30 Sep 2024 10:13
PT Dima Investindo (DI) reportedly completed the acquisition of 55% of PT Miki Ojisan Indomitra (MOI) placed in PT Kurniamitra Duta Sentosa Tbk (KMDS) for IDR 184.8 billion last week (26/9).