Chandra Asri to divest several businesses, from port to storage
15 Mar 2024 16:40
PT Chandra Asri Pacific Tbk (TPIA), a petrochemical company under Barito Pacific Group, will divest several of its business lines in order to optimise assets.
Gov’t eyes IDR 12 trillion in next week’s sukuk auction
15 Mar 2024 14:10
The Indonesian government will once again hold the auction of Government Sharia Securities (SBSN) or State Sukuk on March 19, setting an indicative target of IDR 12 trillion.
BSML to set up rights issue of 400 million shares
15 Mar 2024 10:00
PT Bintang Samudera Mandiri Lines Tbk (BSML) will initiate a rights issue of 400 million shares, the proceeds of which will be used to pay off some of its obligations.
DOID’s net profit soared 26% in 2023, went over USD 36 million
14 Mar 2024 15:20
PT Delta Dunia Makmur Tbk (DOID) booked net profit of USD 36 million throughout 2023, increasing 26% year-on-year (yoy) from the net profit in 2022.
NCKL to offer 9.09% to potential investors
14 Mar 2024 14:34
PT Trimegah Bangun Persada Tbk (NCKL) offers 9.09% of its shares to potential investors via private placement.
After suffering losses, Diagnos to acquire DNA data company Asa Ren
14 Mar 2024 14:02
PT Diagnos Laboratorium Utama Tbk (DGNS) will acquire 97.97% of the shares of Asa Ren Pte. Ltd, an AI-based DNA data company registered in Singapore, with a transaction value estimated at IDR 357.89 billion.
Batavia Prosperindo Internasional to set up stock split with 1:20 ratio
08 Mar 2024 16:38
PT Batavia Prosperindo Internasional Tbk (BPII) will initiate the stock split with 1:20 ratio to increase its stock liquidity.
UOB pairs up with Garuda Indonesia to introduce GIUC card
08 Mar 2024 16:13
PT Bank UOB Indonesia joins hands with PT Garuda Indonesia Tbk (GIAA) and Mastercard to introduce Garuda Indonesia UOB Credit Card (GIUC), which combines the perks of credit card spending and rewards from mileage system.
Focusing on commercial and SMEs, PermataBank to aim credit growth of 7% to 9%
07 Mar 2024 16:58
After scoring slight increase in credit in 2023, PT Bank Permata Tbk (BNLI) sets up a moderate target for its credit growth in 2024 of 7% to 9%.
Sukuk auction slows down, incoming bids stuck on IDR 17.05 trillion
07 Mar 2024 12:24
The incoming bids in the auction of Government Sharia Securities (SBSN) or State Sukuk last Monday (5/3) hit IDR 17.05 trillion, 14.2% year-on-year (yoy) lower than the incoming bids recorded on February 20, 2024, which reached IDR 19.88 trillion.