Jhonlin Agro Raya provides IDR 1.4 trillion worth of asset to secure refinance
28 Oct 2024 14:31
PT Jhonlin Agro Raya Tbk (JARR), a palm refinery company, has guaranteed its assets worth IDR 1.4 trillion to PT Bank Mandiri (Persero) Tbk (BMRI).
Controlling shareholder buys up 130 million Lima Dua Lima Tiga (LUCY) shares
28 Oct 2024 14:30
The majority stake in PT Lima Dua Lima Tiga Tbk (LUCY), held by PT Delta Wibawa Bersama, increased by over 130.02 million shares on Thursday, October 24. This controller raised its position from 49.5% to 58.09% through the transaction through PT BCA Sekuritas. Lucy in the Sky is a rooftop bar located in Jakarta's Sudirman Central Business District (SCBD) that is owned and operated by LUCY, a food and beverage company.
Q3 2024 saw PLN’s profit slowed down to IDR 25.13 trillion
28 Oct 2024 13:59
The net profit of PT Perusahaan Listrik Negara (Persero) slowed down 3.29% year-on-year (yoy) in Q3 2024, although the revenue grew 12.42% yoy from Q3 2023.
BUMA to secure mining service contract worth IDR 107.8 trillion
28 Oct 2024 13:35
PT Bukit Makmur Mandiri Utama (BUMA) has amended coal mining service contract involving PT Indonesia Pratama (IPR), a subsidiary of PT Bayan Resources Tbk (BYAN). BUMA is known to be the subsidiary of usaha PT Delta Dunia Makmur Tbk (DOID).
EMP Energi Jaya to conclude 51% acquisition of Sengkang Block
28 Oct 2024 12:49
PT EMP Energi Jaya (EEJ), a subsidiary of PT Energi Mega Persada Tbk (ENRG), concluded the acquisition of 51% of KKS Sengkang Block, South Sulawesi, last week (25/10).
Scoring IDR 6.84 trillion in Q3, BSDE’s marketing sales reached 72% of 2024 target
28 Oct 2024 11:53
PT Bumi Serpong Damai Tbk (BSDE), the biggest self-sustained city developer in Indonesia, booked marketing sales of IDR 6.84 trillion until the end of Q3 2024.
RAJA and subsidiary to secure credit facility of USD 44.8 million from Bank Mandiri
28 Oct 2024 10:09
PT Rukun Raharja Tbk (RAJA) and one of its subsidiaries, PT Triguna Internusa Pratama (TIP), has signed a credit facility agreement from PT Bank Mandiri (Persero) Tbk (BMRI) worth over USD 44.8 million.
ADHI secured new contracts of IDR 14.7 trillion
25 Oct 2024 14:43
PT Adhi Karya (Persero) Tbk (ADHI) scored new contracts of IDR 14.2 trillion until the third quarter (Q3) of 2024.
Revenue slipped, BNBR’s net profit multiplied 4 times
25 Oct 2024 13:53
PT Bakrie & Brothers Tbk (BBNR), a multi-sector holding company under Bakrie Group, booked net profit of IDR 636.27 billion within the first nine months (9M) of 2024.
Bumi Serpong Damai takes over 91.99% of Suryamas Dutamakmur (SMDM)
25 Oct 2024 11:48
On Wednesday, October 23, PT Suryamas Dutamakmur Tbk (SMDM), a real estate development company, welcomed a new investor. After acquiring more than 4.39 billion shares, PT Bumi Serpong Damai Tbk was listed as the controller with a 91.99% share portion. PT Sinarmas Sekuritas made this massive share purchase possible.