Back to core business, PTPP intensifies asset divestment
28 Aug 2024 12:11
PT PP (Persero) Tbk (PTPP) plans to divest its subsidiary's share assets this year to support its strategy to refocus on its core business line, namely construction.
Capital at deficiency, Bara Jaya divests 3 subsidiaries
03 Jul 2024 10:47
PT Pacific Prima Coal (PPC), shareholder of PT Bara Jaya Internasional Tbk (ATPK), has taken over the entire assets of three of ATPK’s subsidiaries following the approval secured last week (25/6).
Reducing debts, RANC to divest shares
02 Jul 2024 14:03
PT Supra Boga Lestari Tbk (RANC), the managing company of Ranch Market, is divesting its shares of 40% of PT Mars Multi Mandiri (MMM) to PT Anarawata Puspa Utama (APU) for IDR 145.78 billion.
SSIA divested 2% of SCS for IDR 169.81 billion
11 Jun 2024 17:44
PT Surya Semesta Internusa Tbk (SSIA) is divesting 2% or 55.80 million of its shares in PT Suryacipta Swadaya (SCS) for IDR 169.81 billion to PT Puri Bumi Lestari (PBL).
Divesting portion in PYFA, RGI rakes in IDR 5.09 billion
10 Jun 2024 15:51
Rejuve Global Investment (RGI) Pte Ltd secures IDR 56.09 billion from divesting 3.56% of PT Pyridam Farma Tbk’s (PYFA) shares alst week (6/6).
Join INCO, MIND ID to own 34% stake after rights issue
14 Mar 2024 13:26
PT Mineral Industri Indonesia (Persero) (MIND ID) will become a joint controller with Vale Japan Limited (VCL) in PT Vale Indonesia Tbk (INCO) via a rights issue of 603.44 million shares.
Divesting portion in GLVA, EPK to rake in IDR 11.33 billion
29 Feb 2024 15:30
PT Elsiscom Prima Karya (EPK) collects fresh funds of IDR 11.33 billion after divesting 27.5 million of its shares in PT Galva Technologies Tbk (GLVA) in a series of transaction last week.
Low utilisation rate, Ratu Prabu divest subsidiary’s rig for USD 2.5 million
06 Feb 2024 13:38
PT Ratu Prabu Energi Tbk (ARTI) has divested an asset in the form of rig unit type 460K Snubbing Unit owned by its subsidiary, PT Lekom Maras, for USD 2,5 million last Monday (5/2).
Divesting portions in Mega Manunggal, Provident Warehouse cashes in IDR 60 billion
06 Feb 2024 10:19
Provident Warehouse Pte Ltd (PW) has divested 200 million of its shares for IDR 60 billion in PT Mega Manunggal Property Tbk (MMLP), last week (23/1).
Hendarmin pockets IDR 14.70 billion after divesting HAJJ
29 Jan 2024 14:55
Hendarmin Agungsetya Purwanto divested all his shares in PT Arsy Buana Travelindo Tbk (HAJJ) worth IDR 14.7 billion in a transaction last week (25/1).
