CSRA reported 17.2% performance growth
31 Oct 2022 05:41
The positive trend in the crude palm oil (CPO) price had aided PT Cisadane Sawit Raya Tbk (CSRA) in posting net sales growth of 17.2% year-on-year (yoy) in September 2022.
Sawit Sumbermas Sarana to pay interim dividend of 2022
04 Oct 2022 12:57
PT Sawit Sumbermas Sarana Tbk (SSMS) announced its plan to distribute interim dividend of IDR 74.64 per share or IDR 710.99 billion in total.
Sumber Tani to acquire subsidiaries of Sumatera Plantation Ltd
03 Oct 2022 09:44
PT Sumber Tani Agung Resources Tbk (STAA) will take over the entire shares of Sumatera Plantation Ltd (SPL) in PT Hanuraba Sawit Kencana (HSK) and PT Sawit Agro Lestari (SAL), expending a total of IDR 306 billion.
Guthrie Pecconina to abide by KPPU’s order
29 Sep 2022 08:32
PT Guthrie Pecconina Indonesia (GPI), a palm kernel oil manufacturer, will follow the order of the Indonesian Competition Commission to involve Sinar Delima Village Cooperative Unit in managing and maintaining a smallholder palm plantation in Musi Banyuasin, South Sumatera.
Halfway into 2022, TBLA scores revenue IDR 1.17 trillion higher
16 Aug 2022 09:17
Although the revenue of PT Tunas Baru Lampung Tbk (TBLA) increased IDR 1.17 trillion in the first half of 2022, its profit growth was still hindered due to the selling expenses that swelled as high as 102.85% year-on-year (yoy).
SMAR to lengthen lease period of oil refinery plant in Belawan
06 Jul 2022 06:14
PT Sinar Mas Agro Resources and Technology Tbk (SMAR) spends IDR 36 billion to extend the lease period of a palm oil refinery facility in Belawan, North Sumatra, to another five years.
Acquisition notification is overdue, BGA is fined IDR 3 billion
30 Jun 2022 11:48
PT Bumitama Gunajaya Agro (BGA) is sanctioned with an IDR 3 billion fine for the late notification regarding the acquisition of three palm plantation companies in West Kalimantan, Central Kalimantan, and Riau.
DSE to gradually send palm kernel shells to Japan
28 Jun 2022 12:26
PT Dharma Sumber Energi (DSE), a joint venture established by PT Dharma Satya Nusantara Tbk (DSNG) dan eREX, Singapore, sets the target of palm kernel shell export to Japan to 21 thousand tons by the end of this year.
Private palm plantation ought to be audited
02 Jun 2022 14:26
The government is urged to check into ownership status of private palm plantations following the lack of expected decline in the cooking oil price even after the export restriction policy last month.
KPPU fines Lestari Gemilang Intisawit IDR 1 billion
02 Jun 2022 12:11
PT Lestari Gemilang Intisawit (LGI), a palm plantation company, is fined IDR 1 billion following the deferment of the notification of the shares acquisition of PT Nabati Agro Subur (NAS).
