RMKE to distribute loan of IDR 416 billion to affiliates
23 Aug 2024 08:46
PT RMK Energy Tbk (RMKE), a coal mining logistics company, is offering loan facilities worth a total of IDR 416 billion to several affiliates.
Mahaka Radio Integra faced another loss, reaching IDR 9.39 billion this time
22 Aug 2024 16:06
PT Mahaka Radio Integra Tbk (MARI) once again reported loss of IDR 9.39 billion in the first half (H1) of 2024.
The Siam Kraft Industry acquires 55% Fajar Surya Wisesa (FASW) shares
22 Aug 2024 15:54
On Tuesday, August 20, PT Fajar Surya Wisesa Tbk (FASW) appointed foreign investor Siam Kraft Industry Company Limited as its new controller. More than 1.36 billion FASW shares, or 55.24% ownership, were purchased by this Thai investor. In addition to producing packaging paper, FASW is also a part of the Thailand-based SCG Packaging group.
Indeks52’s dividend yield face-off: BJBR vs BJTM
22 Aug 2024 15:42
Two constituents of Indeks52 High Dividend category come from regional bank industry, and competing for the highest dividend yield growth in 2022 and 2023.
Pefindo assigns “idA-” rating to Sarana Mitra Luas
22 Aug 2024 14:51
PT Pemeringkat Efek Indonesia (Pefindo) has assigned an "idA-" rating for PT Sarana Mitra Luas Tbk (SMIL), an issuer that operates in the forklift rental sector.
Index52 Constituents: AUTO vs SMSM dividend yield
22 Aug 2024 14:24
Two constituents in the 52 High Dividend Index in the vehicle spare parts industry, PT Astra Otoparts Tbk (AUTO) and PT Selamat Sempurna Tbk (SMSM) pocketed dividend yield growth in 2022 to 2023.
Shareholders to hold internal restructure of FASW
22 Aug 2024 09:49
SCGP Solution, PTE LTD, Singapore, major shareholders of PT Fajar Surya Wisesa Tbk (FASW), transferred 55.24% of the shares to Siam Kraft Industry Company Limited (SKIC) yesterday (20/8).
Promoting growth and innovation Bank MNC to work with Venteny for Tabungan Motion
22 Aug 2024 09:21
PT Bank MNC Internasional Tbk (BABP) is partnering with PT Venteny Fortuna Internasional Tbk (VTNY) to drive growth and innovation through Tabungan Motion and Venteny Employee Super App.
Maharaksa Biru Energi (OASA) now owns 5% share after purchasing its own shares
21 Aug 2024 16:05
On Monday, August 19, the renewable energy company PT Maharaksa Biru Energi Tbk (OASA) purchased approximately 317.36 million of its own shares. After PT Danatama Makmur Sekuritas completed this transaction, the issuer now owns 5% of the shares. In the meantime, OASA's controller, Gafur Sulistyo Umar, recorded a decrease in shares from 55.58% to 50.58% because he sold the same number of shares through the same securities company.
OJK: “High NPL in banks is cyclical in nature”
21 Aug 2024 12:16
Chief Executive of Banking of Financial Services Authority (OJK), Dian Ediana Rae, believes that the current high non-performing loan (NPL) ratio is cyclical in nature, meaning that it may fluctuate according to changes in economic condition.