Pouring out IDR 94.19 billion, ERAL acquires JD Sports Fashion in Indonesia
25 Nov 2024 10:45
PT Sinar Eka Selaras Tbk (ERAL) has raised its ownership portion in a joint venture (JV) established alongside JD Sports Fashion Plc. (JD UK).
Merdeka Battery Materials to issue 10% new shares via private placement
30 Oct 2024 22:55
PT Merdeka Battery Materials Tbk (MBMA), a nickel mining issuer that supplies battery raw materials for electric vehicles, will carry out additional capital without providing pre-emptive rights (PMTHMETD) or private placement.
ERAL to put extra IDR 15.73 billion in MST Golf Indonesia
21 Oct 2024 11:05
PT Sinar Eka Selaras Tbk (ERAL), a subsidiary of PT Erajaya Swasembada Tbk (ERAA) that focuses on the retail business for lifestyle products, has channelled extra capital worth IDR 15.73 billion to PT MST Golf Indonesia (MGI).
Exploring Indonesia’s MSME export potential, Ambassador: A lot to learn from Thailand
19 Oct 2024 18:23
Rachmat Budiman, Ambassador of Indonesia for Thailand, hopes Indonesia’s MSMEs to make a global-scale breakthrough. However, there are still a lot of tasks left for pertinent stakeholders to achieve this, including MSME players themselves.
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.
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.
Amman Mineral’s net profit skyrocketed 300% in the first half
29 Jul 2024 11:00
PT Amman Mineral Internasional Tbk (AMMN), a copper and gold mining company debuted in Indonesia Stock Exchange (IDX) circa mid-2023, booked net profit of USD 472.25 million in the first half of 2024.
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.
NICL to extend completion of SAM acquisition
21 Jun 2024 16:07
PT PAM Mineral Tbk (NICL) and PT Sumber Mineral Abadi (SAM) agreed to extend the completion of the acquisition of 50% of SAM to May 30, 2025.
Acquiring 50% of SMA, NICL reports 42.6% asset growth
16 Apr 2024 15:46
Total assets of PT PAM Mineral Tbk (NICL) grew 42.6% year-on-year (yoy) as of December 2023 following the acquisition of 50% of PT Sumber Mineral Abadi (SMA), a third-party mineral mining company on September 12, 2023.