SMDR's profit down 66.36% in 2023
28 Mar 2024 09:46
The performance of PT Samudera Indonesia Tbk (SMDR) was seen declining throughout 2023 compared to 2022, due to decreased revenue of shipping and agent services.
Putra Buana acquired 5.71% of SLJ Global (SULI) via private placement
27 Mar 2024 14:35
PT Putra Buana Indonesia Wood Industry purchased approximately 327.18 million shares of PT SLJ Global Tbk (SULI) on Monday, March 25. After taking part in this forestry and timber issuer's private placement, the new investor currently holds about 5.71% stake.
AMMN’s profit dropped 76.94%
27 Mar 2024 14:13
The profit of PT Amman Mineral Internasional Tbk (AMMN) was declining throughout 2023 due to non-optimum commodity production, including copper and gold.
EMTK’s subsidiary to acquire 41.15% of CASS
27 Mar 2024 09:57
PT Roket Cipta Sentosa (RSC), a subsidiary of PT Elang Mahkota Teknologi Tbk (EMTK) will take over 41.15% of PT Cardig Aero Services Tbk (CASS) from PT Cardig Asset Management (CAM) and PT Dinamika Raya Swarna (DRS).
Operational expenses swelled, Charoen Pokphand’s profit down 20.8%
27 Mar 2024 08:04
PT Charoen Pokphand Indonesia Tbk (CPIN), an animal feed and agriculture company, only recorded net profit of IDR 2.31 trillion in 2023, down 20.8% year-on-year (yoy).
API (Hong Kong) Investment now holds 13% Bukalapak.com (BUKA) shares
26 Mar 2024 17:20
On Friday, March 22, a foreign investor, API (Hong Kong) Investment Limited, purchased 13.44 billion shares of e-commerce company PT Bukalapak.com Tbk (BUKA). Following the transaction, which involved the use of two securities—Citibank, N.A., and BUT Deutsche Bank AG—API has taken ownership of approximately 13.04% of BUKA shares.
Bank Danamon to channel cash dividend of IDR 125.48 per share
26 Mar 2024 17:00
PT Bank Danamon Indonesia Tbk (BDMN) has secured approval from its shareholders to distribute cash dividend from its 2023 net profit.
PANI to spend IDR 40 trillion for PIK 2
26 Mar 2024 11:21
PT Pantai Indah Kapuk Dua Tbk (PANI) will invest IDR 40 trillion for the development of Pantai Indak Kapuk Dua (PIK 2), which begins this year until 2060. PIK 2 is a property area of 17.55 hectares (Ha) that is declared a National Strategic Project (NSP) by the government.
Economy improving, Kurniamitra Duta Sentosa’s profit up 6.95%
26 Mar 2024 06:15
PT Kurniamitra Duta Sentosa Tbk (KMDS) booked net profit of IDR 51.23 billion throughout 2023, increasing 6.95% year-on-year (yoy) due to Indonesia’s recovering economy post-COVID-19 pandemic.
Another 16.5 million Bakrie Sumatra Plantation shares purchased by Paradiso Resources (UNSP)
25 Mar 2024 18:53
On Thursday, March 21, Paradiso Resources Ltd. added approximately 16.5 million more shares of PT Bakrie Sumatra Plantations Tbk (UNSP) after purchasing nearly 17 million shares on the previous trading day. PT Samuel Sekuritas Indonesia was the facilitator behind the transaction, which increased Paradiso's ownership stake in UNSP from 6.07% to 6.73%. Additionally, PT Solusi Bangun Indonesia Tbk (SMCB), a company in the building materials industry, received 232,700 shares of new investment from foreign investor Taiheiyo Cement Corporation, and PT Maskapai Reinsurance Indonesia Tbk (MREI), a reinsurance company, had 20,000 shares purchased by Bank of Singapore Limited.