Artha Kencana Rayatama issues portion raise in AKRA
10 Sep 2024 09:24
PT Artha Kencana Rayatama (AKRT) has increased its portion in PT AKR Corporindo Tbk (AKRA) by acquiring 32.09 million shares.
Golden Westindo Artajaya to offer 685.7 million shares in IPO
10 Sep 2024 08:43
PT Golden Westindo Artajaya Tbk (GWAA), a shrimp and fish seeds’ feed wholesale company, will conduct its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 685.7 million shares.
Surya Semesta Internusa raises marketing target three times, eyeing 182% net profit surge
29 Aug 2024 16:03
Noticing promising prospect for its industrial area, PT Surya Semesta Internusa Tbk (SSIA), a property, construction, and hospitality company, has raised marketing target for Suryacipta City of Industry, Karawang, and Subang Smartpolitan for 2024.
Geopolitical tension, SMSM revises sales growth target to 2%
29 Aug 2024 10:48
PT Selamat Sempurna Tbk (SMSM) decides to revise the target of its sales growth for 2024 down to 2% from the initial target set to 8%.
PPRO’s Louvin Apartment now 91% sold
21 Aug 2024 11:37
PT PP Properti Tbk (PPRO) successfully marketed 755 units out of 826 total units of Louvin Apartment in Jatinangor, East Bandung, West Java as of July 2024.
Oto Multiartha eyes IDR 700 billion in bond issuance
20 Aug 2024 09:50
PT Oto Multiartha, a financing company formed by PT Bank BTPN Tbk (BTPN) and PT Sinar Mas Multiartha Tbk (SMMA), will issue Shelf-Registration Bond I Phase II Year 2024 with total principal of IDR 700 billion.
Smartfren Telecom’s loss streak continues, now losing IDR 473.8 billion in the first half
14 Aug 2024 09:17
PT Smartfren Telecom Tbk (FREN) booked another loss of IDR 473.8 billion in the first half of 2024, following its loss in H1 2023 of IDR 108.93 billion.
Revenue contracted, AUTO’s maintains 26.4% growth in profit
29 Jul 2024 11:43
PT Astra Otoparts Tbk (AUTO), an automotive component under Astra Group, which remains listed as a constituent of Indeks52, reported net profit of IDR 1.01 trillion in the first half of 2024.
Low purchasing power, Matahari’s sales corrected 2.8% in H1 2024
25 Jul 2024 10:11
PT Matahari Department Store Tbk (LPPF), one of the biggest retail companies in Indonesia, reported sales decline in H1 2024 of 2.8% year-on-year (yoy) to IDR 7.23 trillion.
Urban Jakarta Propertindo to establish 2 new entities
05 Jul 2024 09:34
PT Urban Jakarta Propertindo Tbk (URBN), a property and real estate developer, has set up 2 new subsidiaries to support its core business.