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.
City Vision and Transjakarta to offer new bus shelter ads experience
25 Mar 2024 18:34
City Vision, an Out-of-Home (OOH) media company under Saratoga Group, collaborates with PT Transjakarta to offer a new kind of advertisement by providing an immersive brand experience at bus shelters.
Sumitomo Mitsui Bank acquires 268 million shares of Bank BTPN
25 Mar 2024 18:29
On Tuesday, March 19, as many as 268.48 million BTPN shares were purchased by Sumitomo Mitsui Banking Corporation - Equity, the controlling shareholder of PT Bank BTPN Tbk (BTPN). Sumitomo Mitsui's ownership stake has now slightly increased to 91.05%. PT Bank HSBC Indonesia facilitated the share purchase by this Japanese investor
Govt announces 14 new PSNs, 2 located in PIK 2 and BSD
25 Mar 2024 17:11
The Indonesian government has approved 14 new National Strategic Projects (PSN), through an internal meeting chaired by President Joko Widodo and attended by his cabinet last week.
Bukalapak suffers IDR 1.36 trillion loss
25 Mar 2024 16:45
PT Bukalapak.com Tbk (BUKA), an e-commerce platform, lost IDR 1.36 trillion, despite posting a 22.66% increase in revenue throughout 2023. In 2022, the company made a profit of IDR 1.98 trillion, recovering from its performance in 2021, which suffered a loss of IDR 1.67 trillion.
Bank BTPN to distribute IDR 471.66 billion of cash dividend
25 Mar 2024 06:00
PT Bank BTPN Tbk (BTPN) has secured approval from Annual General Meeting of Shareholders regarding the plan to distribute cash dividend of IDR 471.66 billion, which will be taken out of its net profit of 2023.
Following their sale, MNC Asia repurchased 60 million Global Mediacom shares (BMTR)
23 Mar 2024 13:17
On Monday, March 18, PT. MNC Asia Holding Tbk repurchased shares of media and broadcasting issuer PT Global Mediacom Tbk (BMTR), after the company had released 60 million shares of its shares on the previous trading day. PT MNC Sekuritas assisted this parent issuer to conduct the transaction, in which MNC Asia currently owns about 36.38% of BMTR. Also, around 2.15 million shares in PT Sinar Mas Multiartha Tbk (SMMA), a financial services subsidiary, were acquired by PT Sinar Mas Cakrawala, another parent company.