Joining hands with Eternal Tsingshan, HRUM to expand investment in nickel
18 Apr 2024 13:50
PT Harum Energy Tbk (HRUM) is partnering with Eternal Tsingshan Group Limited (ET) in order to enhance its investment portfolio in nickel mining industry.
Financial expenses swelled, MAHA saw 46.58% decline in profit
13 Mar 2024 16:48
The profit of PT Mandiri Herindo Adiperkasa Tbk (MAHA) shrank 46.58% year-on-year (yoy) due to increased financial expenses and unrealised loss of stock investment, despite its revenue soaring 20.45% yoy in 2023.
Provident Investasi Bersama readies rights issue of 8.65 billion shares for IDR 3.62 trillion
05 Mar 2024 15:12
PT Provident Investasi Bersama Tbk (PALM) will initiate the capital increase with pre-emptive rights, also known as a rights issue, by offering 8.56 billion new shares.
Life insurance’s mutual fund assets down to IDR 78.2 trillion
04 Mar 2024 11:45
The mutual fund assets in Indonesian life insurance industry continued to decline. Within the past 3 years, they have shrunk by 52.71%.
Insurance to await BI’s decision before rebalancing investment fund
29 Feb 2024 16:20
Insurance industry opts to direct investment funds to government securities (SBN) following the expectation of global interest rate decline in the next couple of months.
Provident Investasi Bersama to issue jumbo bond, eyeing IDR 1.25 trillion
29 Feb 2024 10:51
PT Provident Investasi Bersama Tbk (PALM), an investment holding company of Saratoga Group, will issue the Shelf-Registration Bond II Phase II Year 2024 worth IDR 1.25 trillion.
Insurance companies prefer to invest in SBN
27 Feb 2024 18:54
The life insurance industry recorded total investment assets placed in government securities (SBN) reaching IDR 182.23 trillion. This amount is equivalent to 33.67% of the assets of the insurance industry incorporated in the Indonesian Life Insurance Association (AAJI).
Telkomsat investing IDR 3.5 trillion for Satelit Merah Putih 2, Jasindo gives full coverage
23 Feb 2024 13:37
PT Asuransi Jasa Indonesia (Jasindo) confirmed that the investment value of total IDR 3.5 trillion for Satelit Merah Putih 2 will be fully covered by the company.
Share price declines 34.58%, Blooming Years increased its investment in BABY
13 Feb 2024 14:34
Blooming Years Pte Ltd added a 1.45% stake in PT Multitrend Indo Tbk (BABY) in a gradual transaction starting in early February 2024.
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).