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).
Share purchase transactions recorded larger, net foreign volume surplus at 426.93 million shares
30 Sep 2024 10:02
Foreign investors bought more shares on Friday, September 27, than they sold. Foreign purchasing volume was recorded at 4.53 billion shares, while foreign selling volume was 4.11 billion shares. As a result, the net foreign volume surplus at around 426.93 million shares. Foreign investors initiated share purchase transactions by buying 2.26 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) and resulting in a net volume of 192.76 million shares.
UOB Kay Hian owns 96% of Centratama Telekomunikasi (CENT) after purchasing 18 billion shares
30 Sep 2024 09:59
On Wednesday, September 25, PT Centratama Telekomuniks Indonesia Tbk (CENT) saw the purchase of 18.04 billion shares by foreign investor UOB Kay Hian Private Limited. This Singaporean investor's shareholding jumped from 38.3% to 96.17% as a result of the transaction through PT UOB Kay Hian Sekuritas, making them the current controlling shareholder. The CENT stock is actively involved in the development of telecommunications infrastructure.
BI and BNM work on potential currency swap worth IDR 82 trillion
27 Sep 2024 14:55
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) enable local currency exchange with total value amounting to a maximum of IDR 82 trillion or equal to MYR 24 billion throughout the next 5 years.
KRYA secures Mie Sedaap warehouse construction contract
27 Sep 2024 13:59
PT Bangun Karya Perkasa Jaya Tbk (KRYA), a building construction company, has acquired the contract of the construction of 7 units of warehouses for Mie Sedaap raw ingredient storage.
RMK Investama acquires 900 million RMK Energy (RMKE) shares
27 Sep 2024 11:30
PT RMK Investama made the decision to bolster its stake in coal logistics service provider PT RMK Energy Tbk (RMKE) on Tuesday, September 24. This investor previously owned about 25.14 percent of the shares; however, after adding 900 million shares through PT Ciptadana Sekuritas Asia, this investor now owns 45.71 percent of the shares and is the controlling shareholder. Additionally, the parent company, PT MNC Asia Holding Tbk, has acquired another 260 million shares of its subsidiary, PT MNC Land Tbk (KPIG), which develops and manages resorts and hotels, increasing its ownership to 9.68%.
Entering green zone, net foreign volume closed at 456.94 million shares
27 Sep 2024 10:52
Foreigners purchased and sold shares on Thursday, September 26, bringing net foreign volume into the green zone and closing at 456.94 million shares. The figure was calculated using the difference between foreign buying volume (4.86 billion shares) and foreign selling volume (4.41 billion shares). The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO) then had the largest share purchase record at 2.64 billion shares for a net volume of 816.63 million shares.
Pertamina and Chevron’s JV get ready for geothermal exploration in Way Ratai
26 Sep 2024 11:43
PT Cahaya Anagata Energi (CAE), a joint venture (JV) established by PT Pertamina Geothermal Energy Tbk (PGEO) and Chevron New Energies Holdings Indonesia Ltd. (Chevron), is ready to explore Geothermal Work Area of Way Ratai, Lampung.
Foreign buying volume surges, net foreign volume surplus at 622.56 million shares
25 Sep 2024 18:13
Foreign investors increased their share buy transactions on Tuesday, September 24, resulting in a foreign purchase volume of 4.33 billion shares. Meanwhile, foreign sales totaled around 3.70 billion shares, which generated a net foreign surplus of 622.56 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the greatest share acquisition, with foreign investors buying 1.92 billion shares for a net volume of 382.23 million shares.