IRSX to allocate 78.57% of IPO proceeds to subsidiaries
31 Jan 2023 12:47
PT Aviana Sinar Abadi Tbk (IRSX), a programming service provider, will channel IDR 79.35 billion to its subsidiaries to enhance their working capitals
Garuda has IDR 3.86 trillion of capex remaining
18 Jan 2023 10:28
PT Garuda Indonesia (Persero) Tbk (GIAA) still possesses IDR 3.86 trillion of remaining capital expenditure (capex) from the total allocated budget of IDR 4.5 trillion, which originate from the proceeds of the rights issue in late 2022.
SOEs are asked to reduce CapEx and OpEx
06 May 2020 09:50
The Ministry of State-Owned Enterprises (SOEs) made a number of policies for SOEs to deal with the impact of the COVID-19 outbreak, including reducing capital expenditure (CapEx) and operational expenditure (OpEx).