RMK Energy’s net profit plummeted 64.48% in Q1 2024
05 Jun 2024 11:54
PT RMK Energy Tbk (RMKE), a coal mining company owned by RMK Investama, recorded net profit of IDR 44.58 billion in Q1 2024.
AKRA grants subsidiary IDR 81.4 billion capital
05 Jun 2024 10:49
PT AKR Corporindo Tbk (AKRA), a fuel distributor and managing company of industrial zone, has channelled extra capital to one of its subsidiaries, Chemical Petroleoum International Trading Pte. Ltd. (CPIT).
Sejahtera Raya transfers 25 million Indomobil (IMAS) shares to Trimegah Sekuritas
05 Jun 2024 10:35
On Wednesday, May 29, up to 25 million shares of the automotive company PT Indomobil Sukses Internasional Tbk (IMAS) traded hands. PT Sejahtera Raya Perkasa, which owns 10.1% of IMAS, transferred the shares to PT Trimegah Sekuritas Indonesia Tbk, which now also owns approximately 10.14% of the shares. Aside from that, PT Metro Pacific Tollways Indonesia acquired nearly 80 million shares of PT Nusantara Infrastructure Tbk (META), a construction contractor, increasing the controlling share percentage from 95.92% to 95.97%.
Iforte to acquire 90.11% of IBST
05 Jun 2024 10:20
PT Iforte Solusi Infotek (iForte) in under process of acquiring 90.11% of PT Inti Bangun Sejahtera Tbk (IBST), primarily owned by PT Bakti Taruna Sejati (BTS).
Elnusa to channel IDR 82 billion to pipe manufacturing business line
05 Jun 2024 09:44
PT Elnusa Tbk (ELSA), an issuer engaged in the support of upstream oil and gas business, has channelled a loan facility worth IDR 82 billion to one of its subsidiaries, PT Elnusa Fabrikasi Konstruksi (EFK).
GGRP officially divested 76.07% of NBP for USD 338.8 million
05 Jun 2024 08:58
PT Gunung Raja Paksi Tbk (GGRP), one of the biggest steel manufacturers in Indonesia, has reportedly divested 76.07% of PT Nusantara Baja Profil (NBP).
JCI gains strength until the closing bell
04 Jun 2024 16:45
Jakarta Composite Index (JCI) arrived at 7,009.31 at today’s (4/6) closing bell, higher than last closing position at 7,036.19 yesterday (3/6). JCI’s upturn has been detected since the opening bell this morning.
Merdeka Battery Materials booked net profit of USD 3.67 million in Q1
04 Jun 2024 13:29
PT Merdeka Battery Materials Tbk (MBMA), a nickel mining company under Merdeka Copper Gold, reported net profit of USD 3.67 million in the first quarter (Q1) of 2024.
KRAS saw a downturn in 2023
04 Jun 2024 12:45
PT Krakatau Steel (Persero) Tbk (KRAS) showed declining performance throughout 2023 compared to 2022.
Up 1,201% since acquisition, PANI to set up private placement
04 Jun 2024 10:10
The stock of PT Pantai Indah Kapuk 2 Tbk (PANI) has skyrocketed by up to 1,201% since taken over by Agung Sedayu and Salim Groups on October 8, 2021.