Angkasa Pura I and II to be merged to Angkasa Pura Indonesia
10 Sep 2024 10:01
PT Angkasa Pura I and PT Angkasa Pura II have been officially merged together, becoming PT Angkasa Pura Indonesia (API).
Artha Kencana Rayatama issues portion raise in AKRA
10 Sep 2024 09:24
PT Artha Kencana Rayatama (AKRT) has increased its portion in PT AKR Corporindo Tbk (AKRA) by acquiring 32.09 million shares.
Golden Westindo Artajaya to offer 685.7 million shares in IPO
10 Sep 2024 08:43
PT Golden Westindo Artajaya Tbk (GWAA), a shrimp and fish seeds’ feed wholesale company, will conduct its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 685.7 million shares.
Shareholders gave a nod to SMIL’s plan of raising funds
09 Sep 2024 18:26
PT Sarana Mitra Luas Tbk (SMIL) has gained approval from shareholders to seek new credit facilities or extend its existing credit facilities.
Bank Panin to issue bond of IDR 3.91 trillion, coupon set to 7.25%
09 Sep 2024 17:27
PT Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion.
Tudung Putra Putri Jaya only owns 10% of Garudafood (GOOD) after releasing 894 million shares
09 Sep 2024 12:29
On Wednesday, September 4, PT Tudung Putra Putri Jaya released PT Garudafood Putra Putri Jaya Tbk (GOOD) shares once more, with a volume of 894.35 million shares. This investor's stake in the food and beverage company has decreased to just 10% from its previous 12.42% of shares. However, Garudafood chairman and investor Sudhamek Agoeng Waspodo Soenjoto increased his ownership stake by 296.29 million shares, making him an 8% owner overall. The organizer of both transactions was PT Indo Premier Sekuritas.
Foreign trading volume remains steady at 1.8 billion shares with net surplus of 33.63 million shares
09 Sep 2024 11:54
Foreign investors were reported buying and selling stocks on Thursday, September 5, with nearly equal results, with the foreign buying volume was 1.84 billion shares and the foreign selling volume was 1.81 billion shares. These activities then resulted in a net foreign volume surplus of 33.63 million shares. The industrial area development business PT Kawasan Industri Jababeka Tbk (KIJA) and the domestic and foreign shipping services company PT Buana Lintas Lautan Tbk (BULL) took the top spot on the share purchase list, with a net volume of roughly 43 million shares each. This amount was established after foreign investors purchased 47.77 million KIJA shares and 53.21 million BULL shares.
RIGS’s profit soared 26.35% despite only slight increase in revenue
09 Sep 2024 11:06
PT Rig Tenders Indonesia Tbk (RIGS) booked net profit of IDR 78.97 billion in the first half (H1) of 2024, up 26.35% year-on-year (yoy) from the same semester last year.
Marketing revenue reached IDR 1.1 trillion, TRIN confident in 2024 target
09 Sep 2024 10:01
PT Perintis Triniti Properti Tbk (TRIN) or Triniti Land reported marketing revenue of IDR 1.1 trillion as of August 2024, skyrocketing 114% year-on-year (yoy) from August 2023 of IDR 546.9 billion.
AirAsia Group explores several funding sources to expand fleet
09 Sep 2024 09:38
AirAsia Group is reportedly exploring several funding opportunities to back its plan to acquire additional 75 units of aircrafts until 2031.