HEXA to expand to Foton vehicle reparation business
12 Sep 2024 10:25
PT Hexindo Adiperkasa Tbk (HEXA) will expand its business reach to reparation services for Foton cars and trucks, a Chinese vehicle brand, starting this year.
Securing syndicated loan of IDR 200 billion, PURI to work on The Monde City
11 Sep 2024 16:49
PT Puri Karya Bersama (PKB), a subsidiary of PT Puri Global Sukses Tbk (PURI), has secured a syndicated revolving loan for working capital from 13 rural credit banks worth IDR 200 billion.
Retail sales expected to decline in October 2024
11 Sep 2024 11:53
Sales performance in the next six months starting from October 2024 to January 2024 is expected to decline, due to the return to normal demand after national religious holidays and year-end holidays.
Caught in acquisition rumour, MNC Group denies affiliation with MNC Capital Partners
10 Sep 2024 10:40
PT MNC Kapital Indonesia Tbk (BCAP) denies the issue of acquisition led by MNC Capital Partners, LP over Vista Outdoor (VSTO.N).
Angkasa Pura I and II to be merged to Angkasa Pura Indonesia
10 Sep 2024 10:01
PT Angkasa Pura I and PT Angkasa Pura II have been officially merged together, becoming PT Angkasa Pura Indonesia (API).
Strengthening capital structure, GMFI to hold rights issue
09 Sep 2024 18:22
PT Garuda Maintenance Facility Aero Asia Tbk (GMFI), a subsidiary of PT Garuda Indonesia Tbk (GIAA), will increase its capital with pre-emptive rights, also known as rights issue.
TPMA and SIM to form joint venture
09 Sep 2024 15:18
PT Trans Power Marine Tbk (TPMA) and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years.
Issuing IDR 1 trillion bond, HRTA to refinance debts and expand retail outlets
09 Sep 2024 12:42
PT Hartadinata Abadi Tbk (HRTA) will issue Shelf-Registration Bond I Year 2024 of IDR 1 trillion. The proceeds of this corporate action will be used to expand retail outlets for gold bars, as well as pay maturing bond principal.
AirAsia Group explores several funding sources to expand fleet
09 Sep 2024 09:38
AirAsia Group is reportedly exploring several funding opportunities to back its plan to acquire additional 75 units of aircrafts until 2031.
Ancora secures loan facility of IDR 150 billion for refinancing shareholder loan
06 Sep 2024 17:38
PT Ancora Indonesia Resources Tbk (OKAS) obtains a loan facility with a maximum limit of IDR 150 billion from PT Bank Pan Indonesia Tbk (PNBN).