SMMA to invest IDR 95 billion in Liugong Finance Indonesia
01 Oct 2024 10:34
PT Sinar Mas Multiartha Tbk (SMMA), a financial service company under Sinar Mas Group, has made capital investment in PT Liugong Finance Indonesia.
Accelerating green hydrogen innovation, PGEO to work with Pertamina NRE and Genvia
01 Oct 2024 09:42
PT Pertamina Geothermal Energi Tbk (PGEO) has signed a Memorandum of Understanding (MoU) with PT Pertamina Power Indonesia (Pertamina NRE) and Genevia, a France-based company focusing on clean hydrogen technology development.
Indika Energy to divest subsidiary to Barito Group
01 Oct 2024 08:27
PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL).
Bank Panin to extend its IDR 3.91 trillion bond offering period
30 Sep 2024 16:37
PT Bank Pan Indonesia Tbk (PNBN) modifies the schedule of the issuance of Shelf-Registration Bond IV Phase II Year 2024 with total principal worth IDR 3.91 trllion.
Share purchase transactions recorded larger, net foreign volume surplus at 426.93 million shares
30 Sep 2024 10:02
Foreign investors bought more shares on Friday, September 27, than they sold. Foreign purchasing volume was recorded at 4.53 billion shares, while foreign selling volume was 4.11 billion shares. As a result, the net foreign volume surplus at around 426.93 million shares. Foreign investors initiated share purchase transactions by buying 2.26 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) and resulting in a net volume of 192.76 million shares.
UOB Kay Hian owns 96% of Centratama Telekomunikasi (CENT) after purchasing 18 billion shares
30 Sep 2024 09:59
On Wednesday, September 25, PT Centratama Telekomuniks Indonesia Tbk (CENT) saw the purchase of 18.04 billion shares by foreign investor UOB Kay Hian Private Limited. This Singaporean investor's shareholding jumped from 38.3% to 96.17% as a result of the transaction through PT UOB Kay Hian Sekuritas, making them the current controlling shareholder. The CENT stock is actively involved in the development of telecommunications infrastructure.
RMK Investama acquires 900 million RMK Energy (RMKE) shares
27 Sep 2024 11:30
PT RMK Investama made the decision to bolster its stake in coal logistics service provider PT RMK Energy Tbk (RMKE) on Tuesday, September 24. This investor previously owned about 25.14 percent of the shares; however, after adding 900 million shares through PT Ciptadana Sekuritas Asia, this investor now owns 45.71 percent of the shares and is the controlling shareholder. Additionally, the parent company, PT MNC Asia Holding Tbk, has acquired another 260 million shares of its subsidiary, PT MNC Land Tbk (KPIG), which develops and manages resorts and hotels, increasing its ownership to 9.68%.
Esta Indonesia to grant subsidiary extra capital of IDR 6 billion
27 Sep 2024 11:15
PT Esta Indonesia Tbk (NEST), a swallow farm company, has provided extra capital to one of its subsidiaries, PT Tunas Esta Indonesia (TEI).
Entering green zone, net foreign volume closed at 456.94 million shares
27 Sep 2024 10:52
Foreigners purchased and sold shares on Thursday, September 26, bringing net foreign volume into the green zone and closing at 456.94 million shares. The figure was calculated using the difference between foreign buying volume (4.86 billion shares) and foreign selling volume (4.41 billion shares). The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO) then had the largest share purchase record at 2.64 billion shares for a net volume of 816.63 million shares.
BI to fully terminate JIBOR in January 2026
27 Sep 2024 09:59
Bank Indonesia (BI), the administrator of Jakarta Interbank Offered Rate (JIBOR), will permanently terminate all publications of JIBOR starting January 1, 2026.