Indonesian gov’t to set up SUN auction next week, eyeing IDR 22 trillion this time
18 Jul 2024 16:17
Indonesian government will hold another auction of Government Securities (SUN) next Tuesday (23/7) with an indicative target of IDR 22 trillion.
Sales continued to decline, Hetzer Medical dealt with another loss in Q2 2024
18 Jul 2024 14:03
PT Hetzer Medical Indonesia Tbk (MEDS), a manufacturer and supplier of medical devices making its debut on Indonesia Stock Exchange (IDX) in 2022, suffered another loss of IDR 3.69 billion in the second quarter (Q2) of 2024.
Boosting growth, TPMA acquires 65% of BEST worth US$32.5 million
18 Jul 2024 12:56
PT Trans Power Marine Tbk (TPMA) has acquired 65% shares of PT Bahtera Energi Samudra Tuah (BEST), a sea transportation company which still has an affiliate relationship.
Shimizu to hold 19.90% of TOTL
18 Jul 2024 11:35
Shimizu Corporation acquires 678.59 million shares from shareholders of PT Total Bangun Persada Tbk (TOTL) for IDR 393.58 billion.
TAPG bags IDR 870 billion of dividend from subsidiary
18 Jul 2024 11:00
PT Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation company, reported dividend income of IDR 870 billion from one of its subsidiaries, PT Union Sampoerna Triputra Persada (USTP).
PANI scores IDR 3.3 trillion pre-sales, 60% of this year's target
16 Jul 2024 20:40
PT Pantai Indah Kapuk Dua Tbk (PANI), a property developer owned by the Agung Sedayu Group and Salim Group, has pocketed pre-sales of IDR 3.3 trillion in the first semester (6M) 2024.
Expanding aggressively, PGEO is projected to grow steadily
16 Jul 2024 14:49
Business performance of PT Pertamina Geothermal Energi Tbk (PGEO) is projected to continue progressing steadily following several expansion strategy designed by the company, according to OCBC Sekuritas Indonesia.
JCI slipped to the red zone Tuesday morning
16 Jul 2024 11:15
Jakarta Composite Index (JCI) slipped into the red zone at Tuesday's (16/7) morning session.
Green Power Group to form 2 subsidiaries, investing IDR 20 billion
16 Jul 2024 08:10
PT Green Power Group Tbk (LABA), an industrial sector company previously known as PT Ladangbaja Murni Tbk, has established two new subsidiaries with total investment of IDR 20 billion.
Lippo General Insurance plans a stock split with 1:10 ratio
15 Jul 2024 19:27
PT Lippo General Insurance Tbk (LPGI), an insurance company under Lippo Group, will hold a stock split with a ratio of 1:10.