HEXA to expand to Foton vehicle reparation business
12 Sep 2024 10:25
PT Hexindo Adiperkasa Tbk (HEXA) will expand its business reach to reparation services for Foton cars and trucks, a Chinese vehicle brand, starting this year.
Issuing bonds, Hino Finance eyes IDR 700 billion
28 Jun 2024 09:34
PT Hino Finance Indonesia (Hino Finance), a joint venture established by PT Indomobil Multi Jasa Tbk (IMJS) and Sumitomo Corporation, is issuing Bond III of Hino Finance Year 2024 with total principal of IDR 700 billion.
After 5 years, ASSA breaks no-dividend trend this year
26 Jun 2024 17:31
Annual General Meeting of Shareholders (AGMS) of PT Adi Sarana Armada Tbk (ASSA) decided to distribute cash dividend for the fiscal year (FY) 2023 of IDR 20 per share after years retaining its earnings.
Acquiring Probiotec, PYFA’s subsidiary receives IDR 1.07 trillion
12 Jun 2024 09:25
PYFA Australia Pty Ltd (PAPL), an entity under PT Pyridam Farma Tbk (PYFA), has secured extra capital of USD 99.57 million or equal to approximately IDR 1.07 trillion.
Indomobil Finance will issue bonds worth IDR 2.83 trillion
07 Jun 2024 14:16
PT Indomobil Finance Indonesia, a financing venture under PT Indomobil Multi Jasa Tbk (IMJS), will issue Shelf-Registration Bond V Phase III Year 2024 with total principal of IDR 2.83 trillion.
Integrating mobile and FBB business, EXCL takes over LINK’s B2C for IDR 1.87 trillion
27 May 2024 13:32
PT XL Axiata Tbk (EXCL) plans to acquire residential business (B2C) unit and rent 3.3 million home passes of PT Link Net Tbk (LINK) for IDR 1.87 trillion in total.
Indomobil work with GAC Aion to distribute electric cars in Indonesia
04 Apr 2024 16:10
PT Indomobil Sukses Internasional Tbk (IMAS) has signed the partnership with GAC Aion New Energy Automobile Company Limited, regarding the joint partnership for GAC Aion motor vehicle distrbution in Indonesia.
Indomobil Multi Jasa net profit shot up 130%, highest in 5 years
28 Mar 2024 13:38
PT Indomobil Multi Jasa Tbk (IMJS), a consumer finance company owned by the Salim Group, posted a net profit of IDR 333.69 billion in 2023, growing 130% year-on-year (yoy) or from the previous year which only reached IDR 145 billion.
VKTR and Pertamina establish joint venture for electric vehicle business
19 Mar 2024 19:17
PT VKTR Teknologi Mobilitas Tbk (VKTR) has signed a partnership with PT Pertamina Power Indonesia (PPI), a subsidiary of PT Pertamina (Persero).
VKTR's net profit dropped 89% due to high operational expenses
08 Mar 2024 08:14
PT VKTR Teknologi Mobilitas Tbk (VKTR), Bakrie Group's electric vehicle (EV) trading and manufacturing company, reported net profit of IDR 5.43 billion throughout 2023.