Morning session caught EXCL and FREN declining
11 Dec 2024 13:52
Both PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) were seen corrected at the end of morning session today (11/12) following the merger plan.
EXCL and FREN to merge, introducing XLSmart Telecom Sejahtera
11 Dec 2024 10:58
Following the merger, PT XL Axiata Tk (EXCL) and PT Smartfren Telecom Tbk (FREN) agreed to use a brand new name, PT XLSmart Telecom Sejahtera Tbk. The merger will officially take effect on March 22, 2025.
Domestic investors dominated 92% of transaction value
10 Dec 2024 08:11
Domestic investors accounted for 92% of the total transaction value on the Indonesia Stock Exchange (IDX) on Monday (9/12).
Prabowo: Small investors likened to gamblers, here’s how IDX authorities respond
05 Dec 2024 07:02
President Prabowo Subianto stated that Indonesian stock market is quite unfriendly to retail investors, as they will be easily outmatched by large-scale players.
Free float requirement unmet, IDX suspends 4 issuers
04 Dec 2024 14:40
Indonesia Stock Exchange (IDX) authorities temporarily suspends transactions of 4 issuers as they have failed to meet the minimum free float requirement of 7.5% of its shares.
Dian Siswarini to leave EXCL, stocks unaffected
04 Dec 2024 13:22
PT XL Axiata Tbk (EXCL) shifted positively this morning (4/12) amid the news of Dian Siswarini’s resignation as President Director of EXCL circulating since yesterday (3/12).
Spending AUD 62.07 million, BUMA claims 19.9% of 29Metals
04 Dec 2024 11:08
Bukit Makmur Mandiri Utama (Buma) Pte, Ltd, SG and Buma Australia Pty will gain control over 19.9% of 29Metals, a publicly listed company in Australia Stock Exchange (ASX).
Boosting growth, MPXL to expand to sea expedition services
03 Dec 2024 11:40
PT MPX Logistics International Tbk (MPXL) will expand its logistics services to ocean freight services to drive revenue growth.
BUMA International to acquire 51% of Dawson Complex
26 Nov 2024 09:37
BUMA International, one of the subsidiaries of PT Delta Dunia Makmur Tbk (DOID), will take over 51% of Dawson Complex, a coal mining company based in Queensland, Australia.
TCPI will add 12 new fleets in 2025
22 Nov 2024 15:51
PT Transcoal Pacific Tbk (TCPI) will add 12 fleets by 2025 to boost revenue performance. The types of ships purchased include two pusher barge units, four tug boat units and six barge units.