Three textile companies suffered capital deficiency
13 Jun 2024 10:25
Several issuers in the garment and textile industries have reportedly been at capital deficiency throughout 2023.
Eyeing 7% growth, DVLA prepares capex of IDR 209 billion
11 Jun 2024 17:31
PT Darya-Varia Laboratoria Tbk (DVLA) is reportedly preparing capital expenditure (capex) budget worth IDR 209 billion for 2024, which will mostly be allocated for expansion.
Securing fresh funds, PTRO now starts its climb
11 Jun 2024 11:04
PT Petrosea Tbk (PTRO) was seen climbing 11% in the morning session after securing capital funds from PT Kreasi Jasa Persada (KJP), a subsidiary of PT Petrindo Jasa Kreasi Tbk (CUAN), last week (7/6).
INCO to allocate capex of IDR 1.46 trillion from rights issue proceeds
11 Jun 2024 10:16
PT Vale Indonesia Tbk (INCO) is allocating 79.34% or IDR 1.46 trillion of total rights issue proceeds, which involves the issuance of 603.4 million shares on the next two weeks (24/6).
Optimistic, VAST targets 30% revenue growth
10 Jun 2024 16:25
After concluding the acquisition of a warehouse in Tangerang last year, PT Vastland Indonesia Tbk (VAST), a developer focusing in logistics and warehousing, is targeting its revenue to grow 30% year-on-year (yoy) in 2024.
Strengthening capital structure, BPD Jabar to issue Bond of IDR 3 trillion
10 Jun 2024 11:38
PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR), starting this June, will issue its Subordinated Bond Year 2024 worth IDR 1.5 trillion.
Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024
03 Jun 2024 17:11
PT Metrodata Electronics Tbk (MTDL) prepares IDR 630 billion for its capital expenditure (capex) budget for 2024.
Starlink enters Indonesia, Mitratel reveals plans
02 Jun 2024 11:41
PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, does not seem bothered with Starlink entering Indonesia’s premises, and is reported to have agreed upon partnership with this satellite connection provider owned by Elon Musk.
Establishing 4 new factories, CLEO to increase production by 1 billion litre per year
30 May 2024 18:21
Bottled mineral water manufacturer of Cleo brand, PT Sariguna Primatirta Tbk (CLEO), plans to add 4 new factories this year to increase production capacity as market demand skyrockets.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.