Wismilak Inti Makmur saw 98% surge in profit
19 Apr 2024 16:21
PT Wismilak Inti Makmur Tbk (WIIM), the manufacturer of Wismilak cigarette, reported net profit of IDR 494.3 billion throughout 2023, up 98% year-on-year (yoy).
FREN’s shareholders to abstain in rights issue
19 Apr 2024 09:47
Shareholders of PT Smartfren Telecom Tbk (FREN) has declared not to participate in the its Capital Increase With Pre-emptive Rights V, also known as rights issue, which will be held this month.
Hesitating on IKN, Prodia allocates 55% of capex to IT
18 Apr 2024 16:06
PT Prodia Widyahusada Tbk (PRDA) has prepared moderate amount of capital expenditure (capex) in 2024, worth a maximum of IDR 250 billion.
DMAS raked in marketing sales of IDR 560 billion in Q1
18 Apr 2024 15:30
In the first quarter (Q1) of 2024, PT Puradelta Lestari Tbk (DMAS) managed to book marketing sales of IDR 560 billion.
Restructuring business, UNTR to divest some subsidiaries
18 Apr 2024 07:12
PT United Tractors Tbk (UNTR), an Astra Group company, has divested some of the shares of its subsidiaries as a means of restructuring to support the company's sustainable vision in reducing carbon emission.
Xolare Rcr Energy seeks up to IDR 72.18 billion in IPO
18 Apr 2024 05:44
PT Xolare Rcr Energy Tbk (SOLA), an asphalt wholesale and construction service company, will offer 656.25 million shares via Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX).
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.
Eagle High Plantations sets up IDR 50 billion for buyback
17 Apr 2024 14:30
PT Eagle High Plantations Tbk (BWPT) has set the budget for repurchasing shares (buyback) to IDR 50 billion.
Moody’s maintain sovereign credit rating of Indonesia at Baa2
17 Apr 2024 11:17
Moody’s is said to maintain sovereign credit rating of Indonesia at Baa2 on April 16, 2024. This rating is one level higher than the investment grade, with a stable outlook.
HERO filed PKPU against J.Co Donut & Coffee
17 Apr 2024 10:35
PT Hero Supermarket Tbk (HERO) has reportedly filed a Suspension of Debt Payment Obligation (PKPU) lawsuit in Commercial Court of Central Jakarta.