Unstable prospect, TINS got dropped from 4 indices
28 May 2024 10:28
PT Timah Tbk (TINS) has ben dropped as a constituent from four indices at once following major evaluations.
5 new issuers to be added to Sri Kehati Index
28 May 2024 09:56
Five issuers has been listed as new constituents of Sri Kehati Index, replacing 5 others, following a major evaluation.
Medco Energi to divest in Area 47 Libya, transferring it to NOC
28 May 2024 09:05
PT Medco Energi Internasional Tbk (MEDC) has reportedly divested its shares in Area 47 contract located in Libya and transferred them to Libya National Oil Corporation (NOC).
Sinergi Multi Lestarindo to launch latest innovation in ICI 2024
28 May 2024 08:04
PT Sinergi Multi Lestarindo Tbk (SMLE), a distributor of raw materials for cosmetic as well as food and beverages, will join Indonesia Cosmetic Ingredients (ICI) 2024 that will be held at JIEXPO Jakarta on May 29-31.
Net foreign hits 727.57 million driven by 1.3 billion GoTo share purchase
27 May 2024 18:20
The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) ranked first on the top buy list after foreign investors purchased 1.38 billion shares on Wednesday, May 22, for a net volume of 802.09 million. These trades accounted for more than a third of the overall foreign purchase volume, totaling 3.06 billion shares. Meanwhile, foreign sales volume was 2.34 billion shares, bringing the net foreign volume surplus to 727.57 million shares.
NCKL and Hong Kong Blue Whale forms 2 JVs
27 May 2024 17:03
PT Trimegah Bangun Persada Tbk (NCKL) and Hong Kong Blue Whale International Limited (HKBWI) establish two joint ventures, called PT Cipta Kemakmuran Mitra (CKM) and PT Bhakti Bumi Sentosa (BBS).
Q1 performance revealed, AMMN tops 4 metal and mineral companies
27 May 2024 16:17
Four out of seven companies in metal and mineral industry with market capitalisation of over IDR 20 trillion have released its performance report as of Q1 2024.
Panin Financial’s net profit rose 26.28% in Q1
27 May 2024 15:15
PT Panin Financial Tbk (PNLF), a subsidiary of PT Paninvest Tbk (PNIN) engaged in business consultancy and management service, booked net profit of IDR 418 billion in Q1 2024.
Two years profiting, MAPB still hesitates on dividend distribution
27 May 2024 14:58
PT MAP Boga Tbk (MAPB) still did not decide on dividend distribution for the fiscal year (FY) 2023, although it has secured net profit following improved revenue.
FAPA pockets IDR 50 billion in dividend
27 May 2024 14:02
PT FAP Agri Tbk (FAPA) received an interim dividend payment of IDR 50.35 billion from its subsidiary, PT Riau Agung Karya Abadi (RAKA). The value of dividends paid by this subsidiary is higher than the previous year.