Iforte to acquire 90.11% of IBST
05 Jun 2024 10:20
PT Iforte Solusi Infotek (iForte) in under process of acquiring 90.11% of PT Inti Bangun Sejahtera Tbk (IBST), primarily owned by PT Bakti Taruna Sejati (BTS).
Elnusa to channel IDR 82 billion to pipe manufacturing business line
05 Jun 2024 09:44
PT Elnusa Tbk (ELSA), an issuer engaged in the support of upstream oil and gas business, has channelled a loan facility worth IDR 82 billion to one of its subsidiaries, PT Elnusa Fabrikasi Konstruksi (EFK).
GGRP officially divested 76.07% of NBP for USD 338.8 million
05 Jun 2024 08:58
PT Gunung Raja Paksi Tbk (GGRP), one of the biggest steel manufacturers in Indonesia, has reportedly divested 76.07% of PT Nusantara Baja Profil (NBP).
JCI gains strength until the closing bell
04 Jun 2024 16:45
Jakarta Composite Index (JCI) arrived at 7,009.31 at today’s (4/6) closing bell, higher than last closing position at 7,036.19 yesterday (3/6). JCI’s upturn has been detected since the opening bell this morning.
Mulia Industrindo to distribute dividend of IDR 99.22 billion
04 Jun 2024 16:05
PT Mulia Industrindo Tbk (MLIA), a manufacturer and distributor of glass and ceramic tiles, decides on a cash dividend distribution of IDR 99.22 billion or IDR 15 per share that will be taken out of its 2023 net profit.
Profit keeps proliferating, Allo Bank still hesitant on dividend distribution
04 Jun 2024 14:40
PT Allo Bank Indonesia Tbk (BBHI) decided not to distribute any dividend despite its growth following shares’ acquisition in mid-2021. The entire of its net profit of 2023 is allocated to enhance its capitalisation.
Merdeka Battery Materials booked net profit of USD 3.67 million in Q1
04 Jun 2024 13:29
PT Merdeka Battery Materials Tbk (MBMA), a nickel mining company under Merdeka Copper Gold, reported net profit of USD 3.67 million in the first quarter (Q1) of 2024.
KRAS saw a downturn in 2023
04 Jun 2024 12:45
PT Krakatau Steel (Persero) Tbk (KRAS) showed declining performance throughout 2023 compared to 2022.
Tower Bersama Infrastructure to distribute cash dividend of IDR 683.62 billion
04 Jun 2024 11:01
PT Tower Bersama Infrastructure Tbk (TBIG), a telecommunication tower provider, will allocate cash dividend of IDR 683.62 billion from its net profit in the fiscal year (FY) 2023.
Adi Sarana Armada to channel IDR 2.2 billion capital to logistics line
04 Jun 2024 10:25
PT Adi Sarana Armada Tbk (ASSA), a transportation and logistics company, has reportedly allocated capital injection worth IDR 2.2 billion to one of its subsidiaries engaged in the logistics service, PT Adi Sarana Logistik (ASL).