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CGS-CIMB Securities sells 230 million Indonesian Paradise (INPP) shares

02 May 2024 13:21

Foreign investor CGS-CIMB Securities (Singapore) Pte Ltd sold 230 million shares of PT Indonesian Paradise Property Tbk (INPP) on Monday, April 29. Through this transaction, which was led by PT CGS International Sekuritas Indonesia, the investor's share portion fell from 10.49% to 8.43%. Indonesian Paradise itself is an issuer that provides accommodation services. Aside from that, PT Aladin Global Ventures released approximately 18.62 million shares of the banking company PT Bank Aladin Syariah Tbk.

CGS-CIMB Securities sells 230 million Indonesian Paradise (INPP) shares

Bank Permata’s net profit grew 6.8% in Q1 2024

02 May 2024 12:32

PT Bank Permata Tbk (BNLI) recorded net profit of IDR 807.3 billion in the first quarter (Q1) of 2024, up 6.8% year-on-year (yoy) or from the same quarter last year.

Bank Permata’s net profit grew 6.8% in Q1 2024

Eyeing 2T sales, Segar Kumala Indonesia to budget capex of IDR 16 billion

02 May 2024 12:25

After scoring fantastic revenue growth of up to 28.7% year-on-year (yoy) in 2023 to IDR 1.78 triliun, PT Segar Kumala Indonesia Tbk (BUAH), a fruit and frozen poultry wholesale company, aims to obtain sales of IDR 2 trillion, or growing 12.3% yoy until December this year.

Eyeing 2T sales, Segar Kumala Indonesia to budget capex of IDR 16 billion

Profit soared 45.7%, BUAH sets up dividend of IDR 23 billion

02 May 2024 11:52

PT Segar Kumala Indonesia Tbk (BUAH) has allocated 59% of 2023 net profit as cash dividend, equal to IDR 23 billion in total.

Profit soared 45.7%, BUAH sets up dividend of IDR 23 billion

Pertamina Geothermal Energy maintains impressive profitability in Q1 2024

02 May 2024 10:30

PT Pertamina Geothermal Energy Tbk (PGEO), a renewable energy company under PT Pertamina (Persero), scored net profit of USD 47.49 million in the first quarter of 2024, up 1.17% year-on-year (yoy) or from the same quarter last year.

Pertamina Geothermal Energy maintains impressive profitability in Q1 2024

Sales stagnated, INDF’s profit down 36.37%

02 May 2024 09:50

Although sales of PT Indofood Sukses Makmur Tbk (INDF) remain stable in Q1 2024, the management has yet succeeded in maintaining profit stability compared to the same period in 2023.

Sales stagnated, INDF’s profit down 36.37%

Petrosea to share cash dividend of USD 3.05 million

02 May 2024 09:44

PT Petrosea Tbk (PTRO), an oil and gas company recently acquired by Prajogo Pangestu, will distribute cash dividend of USD 3.05 million taken out of its 2023 net profit.

Petrosea to share cash dividend of USD 3.05 million

On track, Bank OCBC NISP now owns Bank Commonwealth

02 May 2024 08:45

PT Bank OCBC NISP Tbk (NISP) has completed the acquisition of PT Bank Commonwealth (PTBC), taking effect from last Wednesday, May 1, 2024.

On track, Bank OCBC NISP now owns Bank Commonwealth

Net foreign volume recorded surplus of 173.28 million shares

30 Apr 2024 18:13

After being in the red zone consecutively, net foreign volume on Monday, April 29, reported a surplus of 173.28 million shares. This figure reflected a larger foreign buying volume of 3.40 billion shares versus a foreign selling volume of approximately 3.22 billion shares. The list of share purchase transactions then begins with the acquisition of 139.68 million shares of PT Bumi Resources Tbk (BUMI) in the coal mining industry for a net volume of 67.05 million shares.

Net foreign volume recorded surplus of 173.28 million shares

Revenue soared 12.3%, MTDL’s profit stagnated

30 Apr 2024 18:11

PT Metrodata Electronics Tbk (MTDL), a company engaged in the information and communication technology (ICT) sector, reported revenue of IDR 5.1 trillion at the end of the first quarter (Q1) of 2024.

Revenue soared 12.3%, MTDL’s profit stagnated