Polytama Propindo to hold series A sukuk buyback worth IDR 104 billion
19 Feb 2024 12:12
PT Polytama Propindo (PLTM) will carry out the buyback of Sukuk Ijarah II Year 2021 Series A with a total principal of IDR 104 billion.
Newton Capital to take over BNGA loan in NETV
19 Feb 2024 10:51
Newton Capital Ltd is taking over the syndicated loan from PT Bank CIMB Niaga Tbk (BNGA) and PT Bank Artha Graha Internasional Tbk (INPC) in PT Net Mediatama Televisi, a subsidiary of PT Net Visi Media Tbk (NETV).
Cemindo Gemilang to inject capital to cement company in Madagascar
19 Feb 2024 10:51
PT Cemindo Gemilang Tbk (CMNT), through one of its subsidiaries, Cemindo Investments Pte. Ltd. (CIPL), has indirectly placed an investment in Alpha Ciment SA, a cement manufacturer from Madagascar.
CUAN to secure loan facility of IDR 1.35 trillion
19 Feb 2024 10:10
PT Petrindo Jaya Kreasi Tbk (CUAN) has secured loan facility of IDR 1.35 trillion from PT Bank Negara Indonesia (Persero) Tbk (BBNI).
Share buying and selling transactions differ slightly; net foreign volume is at 26.47 million shares in surplus
19 Feb 2024 09:26
On Friday, February 16, share buying and selling transactions done by foreign investors almost reached 3 billion shares each, with a foreign buy volume of 2.94 billion shares and a foreign sell volume of 2.92 million shares sold. As a result, net foreign volume stood at 26.47 million shares in surplus. The shares with the highest net volume belonged to the domestic and foreign shipping business PT Buana Lintas Lautan Tbk (BULL), which had around 149.29 million shares after 156.87 million shares were purchased. Meanwhile, shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) remain the most heavily traded, with 1.04 billion shares sold and a net volume of -408.37 million shares.
HUMI soared to top gainers
16 Feb 2024 11:18
After the Election 2024, PT Humpuss Maritim Internasional Tbk (HUMI) reportedly stopped PT Multikarya Asia Pasifik Karya Tbk (MKAP) from its consecutive reign as top gainers in the past two days.
Singaporean investor First Fortuna Holdings bought 452 million Wijaya Cahaya Timber (FWCT) shares
16 Feb 2024 10:15
On Tuesday, February 13, foreign investor First Fortuna Holdings Pte. became a new shareholder in PT Wijaya Cahaya Timber Tbk (FWCT). This Singaporean investor acquired approximately 452.25 million shares, granting it 24.12% of the shares in this plywood company. PT BCA Sekuritas handled this share purchase transaction on behalf of First Fortuna.
Foreign buys reach 4 billion shares; net foreign volume closes at a 995 million surplus
16 Feb 2024 10:13
On Thursday, February 15, foreign investors purchased shares from Indonesian issuers, with a total foreign buy volume reaching 4.40 billion shares. This figure brought the net foreign volume to a surplus of 995.69 million shares. Moreover, the foreign selling volume this time was roughly 3.40 billion shares.
WIFI to convert subsidiary’s debt to equity worth IDR 132.4 billion
15 Feb 2024 15:27
PT Solusi Sinergi Digital Tbk (WIFI), an application and internet service provider, has converted debts of its subsidiary, PT Integrasi Jaringan Ekosistem (IJE), worth IDR 132.4 billion, to equity.
Sujaka Lays now owns 48% of Black Diamond Resources (COAL) after acquiring 1.4 billion shares.
15 Feb 2024 12:56
On Monday, February 12, Sujaka Lays, a young entrepreneur and the proprietor of PT Black Diamond Resources Tbk (COAL), acquired 1.4 billion shares of the coal issuer. After this most recent transaction, Sujaka's ownership of the shares increased to 48.01% from his previous 25.61%.