Expanding to EV industry, INDY spent IDR 60 billion on new subsidiary
26 Sep 2023 11:33
PT Indika Energy Tbk (INDY) has reportedly established a new subsidiary, investing IDR 60 billion, to expand its business to electric vehicles (EV) industry.
INDY’s subsidiary granted USD 50 million loan from Bank DBS Indonesia
25 Sep 2023 15:03
A subsidiary of PT Indika Energy Tbk (INDY) has signed a credit facility agreement worth USD 50 million with PT Bank DBS Indonesia (DBS).
Indika Energy to divest subsidiary for USD 218 million
25 Sep 2023 10:15
PT Indika Energy Tbk (INDY), one of the coal-mining giants in Indonesia, has divested its portion in PT Multi Tambangjaya Utama (MUTU) for a total transaction worth USD 281 million.
From Alpha JWC to Horizon Ventures, INDY’s subsidiaries secure investments
21 Aug 2023 17:22
Several renowned global investors, starting from Alpha JWC to Horizon Ventures, will reportedly make investments in three subsidiaries of PT Indika Energy Tbk (INDY).
Indika Energy to sign syndicate credit agreement worth USD 250 million
07 Mar 2023 10:22
PT Indika Energy Tbk (INDY) has signed the credit facility agreement worth USD 250 million, whose facility will be utilised to develop its gold mining project.
Indika and South Korean company to establish JV
16 Jan 2023 16:33
PT Indika Energy Tbk (INDY), through one of its subsidiaries, PT Indika Medika Nusantara (IMAN), has established a joint venture (JV) called PT Binoeer Indika Group (BIG).
Indika Energy to expedite payment for Samtan’s shares in Kideco Jaya Agung
28 Nov 2022 11:15
PT Indika Energy Tbk (INDY) has advanced the payment for shares of PT Kideco Jaya Agung that have been just acquired from ST International Co Ltd (Samtan).
INDY to repurchase USD 29.02 million bonds due 2024
17 Oct 2022 04:52
PT Indika Energy Tbk (INDY) is revealed to have repurchased some of its maturing bonds that are due 2024.
Indika Energy to prepare for interim dividend distribution
08 Aug 2022 14:58
PT Indika Energy Tbk (INDY) announces its decision to distribute interim dividends of USD 40 million or IDR 595.52 billion.
Taking on EV industry, Indika Energy introduces a subsidiary
22 Jun 2022 06:28
PT Indika Energy Tbk (INDY) has established a new subsidiary to focus on the electric vehicle (EV) industry, investing IDR 40 billion to kick-off the business.
