MSIG Life Insurance Indonesia to spin-off sharia business line
06 Sep 2024 06:42
PT MSIG Life Insurance Indonesia Tbk (LIFE), a life insurance company, will initiate a spin-off of its sharia business unit.
Pefindo to raise VOKS’s rating to “idBBB+”
05 Sep 2024 16:03
PT Voksel Electric Tbk (VOKS), a cable manufacturer company, has now secured “idBBB+” rating from Pemeringkat Efek Indonesia (Pefindo) for Series B of Bond I Year 2019, which is still circulating in the public now, from the initial “idBBB”.
Gov’t to hold another state sukuk auction, now eyeing IDR 8 trillion
05 Sep 2024 15:14
The Indonesian government will hold another round of auction of Government Sharia Securities (SBSN) or State Sukuk on September 10, 2024.
Solid Capital, BRI's Profits to be Distributed through Dividends
05 Sep 2024 12:12
PT Bank Rakyat Indonesia (Persero) Tbk or BRI will continue to distribute dividends with an optimal dividend payout ratio, as the company's capital is still deemed solid.
SUN auction recorded IDR 45.48 trillion of incoming bids
05 Sep 2024 08:35
Total incoming bids recorded in the last auction of Government Securities (SUN) on September 3, 2024 reached IDR 45.48 trillion.
J Resources’ controller considers divestment
04 Sep 2024 09:27
Jimmy Budiarto, the controlling shareholder of PT J Resources Asia Pasifik Tbk (PSAB), is said to currently consider divesting 92.5% of the company's shares.
Two bonds from Indah Kiat Pulp & Paper (INKP) due in September
03 Sep 2024 16:39
This September, PT Indah Kiat Pulp & Paper Tbk (INKP), a paper and cardboard packaging manufacturer, is expected to pay two bond payments simultaneously. The Sinarmas Group subsidiary's Shelf Registration Bond IV Indah Kiat Pulp & Paper Stage II 2023 Series A is scheduled to mature on September 5th, 2024, with a valuation of IDR207.05 billion. In addition, INKP will once again distribute IDR1.05 trillion to the investors of Shelf Registration Bond II Indah Kiat Pulp & Paper Stage I 2021 Series B at the end of the month, specifically on September 30. This second payment will also be noted as this month's largest bond call payment.
BREN’s market cap surpasses BBCA, reaching IDR 1.43 quadrillion now
03 Sep 2024 16:03
PT Barito Renewables Energy Tbk (BREN) once again seized the top spot at market capitalisation list, defeating 934 other issuers in the stock exchange as of August 2024.
BCA Multi Finance now merges into BCA Finance
03 Sep 2024 15:25
PT Bank Central Asia Tbk (BBCA) merges two of its subsidiaries, PT BCA Multi Finance (BMC) into PT BCA Finance, effective starting yesterday (1/9).
Pefindo revises bond rating of Kapuas Prima Coal to “idCCC”
03 Sep 2024 11:06
Pemeringkat Efek Indonesia (Pefindo) has revised the rating for Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idCCC” from the initial “idD”.