Cash running low, WSBP auctions non-productive assets
05 Feb 2025 12:35
Auctioning of these 11 units of idle assets is expected to support WSBP's liquidity and operation.
Indonesia to pass SOE Bill today, ready to go against Temasek?
04 Feb 2025 08:34
After the bill is passed, BPI Danantara will establish two superholding entities; one that will manage SOEs, and one investment company.
Consumers shift to cheaper products, here’s the outlook for ERAA
30 Jan 2025 11:30
Smartphone and gadget issuer, Erajaya Swasembada, is granted BUY recommendation for its robust capability to face market challenges.
Under special monitoring, FASW to raise funds via 1 million shares rights issue
13 Dec 2024 16:54
PT Fajar Surya Wasesa Tbk (FASW), a paper producer for packaging materials, will raise fresh funds through additional capital by providing pre-emptive rights (PMHMETD) or a rights issue.
A year after debuting, AYAM saw 54% surge
28 Nov 2024 13:54
PT Janu Putera Sejahtera Tbk (AYAM) showed 54% increase a year after entering the stock exchange market on November 30, 2023.
In need of extra cash, APLN to divest Pullman Ciawi
18 Nov 2024 18:11
PT Putra Adhi Prima (PAP), a subsidiary of PT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow.
LEAD to pay USD 20 million loan
18 Nov 2024 16:03
PT Logindo Samuderamakmur Tbk (LEAD) will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each.
Modalku Group secures US$ 100 million credit facility from HSBC
05 Nov 2024 10:23
Modalku Group pocketed credit facility worth US$ 100 million or equivalent to IDR 1.55 trillion from the HSBC ASEAN Growth Fund.
Forming a joint venture, Erajaya Swasembada spent IDR 52.2 billion of investment
30 Oct 2024 07:46
PT Erajaya Swasembada Tbk (ERAA), a retailer specialised in telecommunication devices, has formed another joint venture (JV) through one of its subsidiaries, PT Era Sukses Abadi (ESA).
Optimising idle assets, AMFG enters warehouse leasing business
23 Oct 2024 15:36
PT Asahimas Flat Glass Tbk (AMFG) is expanding its business to warehouse leasing through its assets located in Ancol, North Jakarta.