Maintaining 70% shares in JAI, KFC to strengthen broiler supply
03 Jul 2024 10:21
PT Fast Food Indonesia Tbk (FAST), the managing company of KFC fast food chain, retains 70% ownership in PT Jagonya Ayam Indonesia (JAI).
TJT secured IDR 55 billion loan for Ciawi-Sukabumi Toll maintenance
03 Jul 2024 09:00
PT Trans Jabar Tol (TJT) has obtained a loan facility worth IDR 55 billion from PT Waskita Toll Road (WTR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT).
Billions of Vale Indonesia (INCO) shares traded by major investors
02 Jul 2024 17:53
At the end of June, several of PT Vale Indonesia Tbk's (INCO) major investors appeared to be trading billions of shares. On Friday, June 28, PT Mineral Industri Indonesia (Persero), a state-owned company, acquired 1.59 billion shares of the nickel mining company, increasing its ownership from 19.93% to 34.19%. However, INCO's controlling shareholder, Vale Canada Limited, reduced its shares by 780.41 million, followed by Sumitomo Metal Mining Co., Ltd., which sold 282.84 million. These two foreign investors reported remaining ownership of 34.07% in Vale Canada and 11.55% in Sumitomo Metal, respectively.
Tommy Soeharto’s golf company sets IPO price to IDR 200 per share
02 Jul 2024 16:32
PT Intra Golflink Resorts Tbk (GOLF), a golf course consultancy and management company of Tommy Soeharto, has decided the initial public offering (IPO) price of IDR 200 per share.
JATI to support Indodax’s crypto business
02 Jul 2024 13:22
PT Informasi Teknologi Indonesia Tbk (JATI) has successfully expanded business portfolio of its client, Indodax, to cryptocurrency industry. Indodax is a tech company in blockchain and cryptoasset industry.
Net foreign volume remains in green zone at 770.76 million shares
01 Jul 2024 17:45
On Friday, June 28, net foreign volume remained stable in the green zone, at 770.76 million shares, as it had the previous day. This number represents the difference between foreign buying volume (2.77 billion shares) and foreign selling volume (2 billion shares). The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) placed first in the top buy list with the greatest net volume of 234.77 million shares, after 251.34 million shares were purchased.
Three major investors in Surya Esa Perkasa (ESSA) actively adding shares
01 Jul 2024 17:43
On Wednesday, June 26, three large investors in natural gas refining and processing company, PT Surya Esa Perkasa Tbk (ESSA), were seen adding shares. First, Garibaldi Thohir acquired 33.30 million shares. Boy previously held approximately 14.32% ownership, which has now increased to 14.51%. Furthermore, PT Akraya International purchased another 27.28 million ESSA shares, increasing its stake to 7.81%. Finally, an individual investor named T. Permadi Rachmat purchased 12.11 million ESSA shares, increasing his shareholding to 7.16%.
Amman Mineral (AMMN) welcomes SAJIR 9 LLC as new 5.77% shareholder
01 Jul 2024 15:08
On Tuesday, June 25, PT Amman Mineral Internasional Tbk (AMMN) welcomed foreign investor SAJIR 9 LLC as a new investor. This investor did not waste any time and annexed 4.18 billion shares, giving it 5.77% ownership.
Foreign buying volume almost hit 2 billion shares, net foreign volume surplus at 188.67 million shares
01 Jul 2024 14:40
On Thursday, June 27, net foreign volume entered the green zone at 188.67 million shares, with foreign buying volume of 1.91 billion shares and foreign selling volume of 1.72 billion shares. Foreign investors then began buying shares by acquiring 344.90 million shares of the e-commerce company PT Bukalapak.com Tbk (BUKA), for a net volume of 308.35 million shares.
Foreign buying volume decreases, net foreign volume closed at -954.03 million shares
01 Jul 2024 14:38
Foreign investors' share purchase transactions decreased on Wednesday, June 26, with a total of 1.59 billion shares purchased. The foreign sales volume was 2.54 billion shares, with net foreign volume closing at -954.03 million shares. PT Buana Lintas Lautan Tbk (BULL), a local and global shipping services company, had the most shares purchased (75.09 million shares), with a net volume of 67.18 million shares. Meanwhile, shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were sold the most, totaling 1.09 billion shares for a net volume of -710.02 million shares.