ENRG to initiate buyback, setting up budget of USD 12 million
19 Dec 2024 06:27
PT Energi Mega Persada Tbk (ENRG), an oil and gas company owned by the Bakrie Group, plans to conduct a share buyback with a budget of USD 12 million.
Positive revenue trend, yet MDKA saw worsening loss
18 Dec 2024 19:31
Despite PT Merdeka Copper Gold Tbk (MDKA) achieving revenue growth of 42.5% year-on-year (yoy) up to September 2024, its losses have widened significantly.
BMF to raise stakes in ENAK to 50.10%
18 Dec 2024 15:57
Barokah Melayu Food Pte Ltd (BMF) will boost its portion to 50.10% in PT Champ Resto Indonesia Tbk (ENAK) from 42.46% through a voluntary tender starting from Thursday (19/12) until January 17, 2025.
Bank Indonesia to maintain BI-rate at 6%
18 Dec 2024 15:15
Bank Indonesia (BI) maintains BI-rate at 6%, deposit facility rate at 5.25%, and lending facility at 6.75%. The decision was recently made following BI Board of Governor Meeting held for two days, December 17 to 18.
Boy Thohir increases stake in Provident Investasi Bersama (PALM) by 373 million shares
18 Dec 2024 11:49
Boy Thohir made a further investment of 373.75 million shares in PT Provident Investasi Bersama Tbk (PALM) on Monday, December 16. The investor’s share portion grew from 17.5% to nearly 20%.
PGEO targets Seulawah Agam drilling to begin in 2025
18 Dec 2024 11:11
PT Pertamina Geothermal Tbk (PGEO) and PT Pembangunan Aceh (Pema) are targeting the geothermal drilling in Work Area of Seulawah Agam, Aceh Besar, to kick off in 2025.
Leasing vessel, CBRE potentially scores IDR 264.62 billion
18 Dec 2024 10:18
PT Cakra Buana Resources Energi Tbk (CBRE) will lease a unit of Bulk Carrier Supramax of 57,000 DWT to PT Sys Petrolindo Utama (SPU) with potential revenue of IDR 264.62 billion within the next 5 years.
Eyeing growth, DPUM to boost exports
17 Dec 2024 16:42
PT Dua Putra Utama Makmur Tbk (DPUM) will expand its export market reach to three countries in order to increase 2025 revenue.
BP2S SG/BNP Paribas claims nearly 60% of CMNP after acquiring 400 million shares
17 Dec 2024 12:31
On Friday, December 13, 400 million shares of PT Citra Marga Nusaphala Persada Tbk (CMNP), an infrastructure development company, were acquired by BP2S SG/BNP Paribas Singapore Branch Wealth Management.
Triputra Agro Persada (TAPG) welcomed two new key investors
17 Dec 2024 11:39
PT Triputra Agro Persada Tbk (TAPG) welcomed two significant new investors on Thursday, December 12. PT Daya Adicipta Mustika became the first after purchasing 1.17 billion shares of TAPG, or about 6% of the palm oil and rubber company.