Wukong Technology now owns 49% of DATA
29 Nov 2024 10:18
Wukong Technology Partners Limited becomes the new shareholder of PT Remala Abadi Tbk (DATA) after claiming 49% of issued and paid-up capital of total 50,000 shares.
TOBA to restructure its subsidiaries
19 Nov 2024 16:25
Shareholders of PT TBS Energi Utama Tbk (TOBA) agreed upon the plan to restructure its subsidiaries, PT Toba Bara Energi (TBE), PT Gorontalo Listrik Perdana (GLP), dan PT Minahasa Cahaya Lestari (MCL).
LEAD to pay USD 20 million loan
18 Nov 2024 16:03
PT Logindo Samuderamakmur Tbk (LEAD) will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each.
Automotive industry sluggish, new ADMF financing declines by 9% as of September 2024
01 Nov 2024 18:31
PT Adira Dinamika Multi Finance Tbk (ADMF) recorded a decline in new financing of up to 9% year-on-year (yoy) at the end of September (9M) 2024, following the trend of weakening car sales.
Govt must be prudent regarding plans to save Sritex
30 Oct 2024 16:22
The House of Representatives (DPR) reminded the Government to be prudent in its plan to save PT Sri Rejeki Isman Tbk (SRIL). This was conveyed by Misbakhun, Member of Commission XI DPR in Jakarta (30/10).
MEDC to set up buyback of 2 senior bonds
23 Oct 2024 10:32
PT Medco Energi Internasional Tbk (MEDC) has concluded the buyback of two senior bonds maturing in 2026 and 2027.
IBRD, the most generous creditor of Indonesia’s foreign debt
14 Oct 2024 16:30
Indonesia’s foreign debts from international organisation were reported totalling USD 46.07 billion, equal to 10.84% of total foreign debts of USD 425.05 billion as of August 2024.
MEDC set up tender offer of 2 subsidiaries’ bonds, here’s the result
07 Oct 2024 16:22
PT Medco Energi Internasional Tbk (MEDC) announces the result of tender offer of two Senior Bonds maturing in 2026 and 2027 issued by two of its subsidiaries, namely Medco Oak Tree Pte, Ltd dan Medco Bell Pte Ltd.
LPCK subsidiary converted debt securities worth IDR 3.07 trillion
03 Oct 2024 10:50
PT Megakreasi Cikarang Permai (MKCP), a subsidiary of PT Lippo Cikarang Tbk (LPCK), converted Mahkota Sentosa Utama I 2019 Long-Term Debt Securities (SUJP) into 3.07 billion shares in PT Mahkota Sentosa Utama (MSU).
Buana Finance to work with Bank Jago for a joint financing of IDR 500 billion
04 Sep 2024 10:07
PT Buana Finance Tbk (BBLD) pairs up with PT Bank Jago Tbk (ARTO) to reinforce financing distribution to consumers. In 2023, the issuer reported financing receivables of roughly IDR 5.3 trillion.
