HERO to divest Hero Supermarket retail network
22 Apr 2024 11:57
PT Hero Supermarket Tbk (HERO) is divesting its retail business line, Hero Supermarket, for IDR 183 billion and sold it to PT Hero Retail Nusantara (HRN).
The volumes of foreign sell and buy differ slightly; net foreign volume closed at -105.25 million shares
20 Apr 2024 14:05
Foreign investors' sell and buy transactions on Friday, April 19, concluded at comparable outcomes. Foreign buy volume stood at 3.35 billion shares, while foreign sell volume was 3.46 billion shares. As a result, net foreign volume closed at -105.25 million shares. The coal mining company PT Bumi Resources Tbk (BUMI) was on the top buy list, with 164.52 million shares purchased for a net volume of 131.25 million shares. Meanwhile, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) ranked first in the top sell list, with 150.03 million shares sold and a net volume of -77.94 million shares.
Zed Utama Persada acquires 255 million shares of Bhakti Multi Artha (BHAT)
20 Apr 2024 13:07
On Wednesday, April 17, PT Zed Utama Persada acquired 255.43 million shares of the life insurance company PT Bhakti Multi Artha Tbk (BHAT). This new investor now owns 5.11% of the shares from the transactions conducted through three securities firms. Furthermore, PT Garam Ventura Indonesia, which owned 27.82% of the media and retail holding company PT Multi Garam Utama Tbk (FOLK), purchased an additional 114.85 million shares, increasing its ownership to 30.73%.
After investing 85.92 million shares, Reksa Dana Sucorinvest now owns 5.37% of Gema Grahasarana (GEMA)
20 Apr 2024 12:33
On Tuesday, April 16, PT Gema Grahasarana Tbk (GEMA), an interior contractor and furniture manufacturer, welcomed a new investor from the Reksa Dana Sucorinvest Equity Fund. Through PT Bank HSBC Indonesia, 85.92 million GEMA shares were acquired, giving this investor a current ownership stake of approximately 5.37%. Another new investor, PT Firstindo Finansial Corpora, bought 51.88 million shares in PT Sumber Energi Andalan Tbk (ITMA), giving it a 5.19% stake.
BUAH to open 2 cold storage facilities to improve distribution
19 Apr 2024 14:04
PT Segar Kumala Indonesia Tbk (BUAH), a retail specialised in selling various fruits, has established a significant number of cold storage facilities located in Pekanbaru and Samarinda.
Foreign transaction volumes reached 3 billion; net foreign is 110 million shares in the red
19 Apr 2024 10:45
On Thursday, April 18, foreign investors bought and sold roughly 3 billion shares. Foreign sales were recorded at 3.12 billion shares, while foreign purchases totaled 3.01 billion. As a result, the foreign net volume was reported in the red, albeit only around 110.56 million shares. The most shares released by foreigners this time were 207.21 million shares of PT Telkom Indonesia (Persero) Tbk (TLKM), which also had the lowest net volume of -85.50 million shares. In contrast, PT Astrindo Nusantara Infrastruktur Tbk (BIPI) had the highest net volume, 102.40 million shares, after 112.94 million shares were purchased by foreigners.
Gojek Tokopedia shares sold up to 1 billion shares; net foreign is -368.35 million shares
19 Apr 2024 10:42
On Wednesday, April 17, foreign investors sold 1.19 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of -168.46 million shares. This transaction was one of the reasons why the foreign selling volume (3.43 billion shares) exceeded the foreign buying volume (3.06 billion shares). As a result, net foreign volume concluded at -368.35 million shares.
FREN’s shareholders to abstain in rights issue
19 Apr 2024 09:47
Shareholders of PT Smartfren Telecom Tbk (FREN) has declared not to participate in the its Capital Increase With Pre-emptive Rights V, also known as rights issue, which will be held this month.
Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares
18 Apr 2024 17:15
On Friday, April 5, PT Hotel Candi Baru, the controlling investor in PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), increased its stake by 5.14 billion shares via PT BNI Sekuritas. This share purchase also increased Hotel Candi Baru's ownership of the herbal medicine producer from 51% to 68.14% of SIDO shares. PT. Ahabe Niaga Selaras has also become a new shareholder in the automotive company, PT Bintraco Dharma Tbk (CARS). This investor acted quickly, acquiring 1.40 billion shares, or roughly 9.34% ownership, through two securities firms.
DMAS raked in marketing sales of IDR 560 billion in Q1
18 Apr 2024 15:30
In the first quarter (Q1) of 2024, PT Puradelta Lestari Tbk (DMAS) managed to book marketing sales of IDR 560 billion.