ISAT plans a stock split of 1:4 ratio
12 Aug 2024 10:13
PT Indosat Tbk (ISAT) will split the stock value (stock split) with a ratio of 1:4, meaning that one old share will be split into 4 new shares with updated value.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
Mayapada Hospital eyes IDR 2.74 trillion in upcoming private placement next year
09 Aug 2024 09:51
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, is aiming to raise IDR 2.74 trillion via a private placement next year.
MSIUS 2024 promotes modern waqf practices and Islamic collaboration in investments
08 Aug 2024 15:38
Aiming to drive collaborative adoption of Islamic financial principles in digital innovations and current global challenges, Menara Syariah and INCEIF University presents a two-day event of the 1st Menara Syariah & INCEIF University Symposium (MSIUS) 2024 from August 8 to 9, 2024.
SCMA’s net profit skyrocketed, supported by 9.9% revenue growth
08 Aug 2024 14:04
PT Surya Citra Media Tbk (SCMA), the media company managing SCTV and Indosiar television channels, reported net profit of IDR 327.7 billion in the first half (H1) of 2024.
Citigroup: US in early phase of recession, opportunity for BI-rate cut
08 Aug 2024 11:39
Chief Economist of Citi Indonesia, Hemi Arman, revealed that the US economy is probably heading towards recession.
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
MPXL secures credit of IDR 41.48 billion
07 Aug 2024 13:48
PT MPX Logistics International Tbk (MPXL) obtained investment credit facility worth IDR 41.48 billion from PT Bank Central Asia Tbk (BBCA).
RSCH secures IDR 40 billion loan for renovation
07 Aug 2024 10:08
PT Charlie Hospital Semarang Tbk (RSCH) obtained a credit facility worth a total of IDR 40 billion from PT Bank Mandiri (Persero) Tbk (BMRI) last week (29/7).
Free float issue still common in companies listed under IDX monitoring board
06 Aug 2024 11:38
Throughout July 2024, 21 issuers were reported being listed under the special monitoring board of Indonesia Stock Exchange (IDX) authorities. Out of those 21, 15 were reported failing to meet the free float requirement.