19 companies in IPO pipeline, most boast large assets
13 Jan 2025 09:28
At least 17 of the 19 companies have substantial assets, meanwhile the other two companies in the IPO pipeline have medium-sized assets.
Fundraising in capital market reaches IDR 135.25 trillion as of August 2024
06 Sep 2024 19:17
The value of funds raised in the Indonesian capital market was recorded at IDR 135.25 trillion until August 2024, according to the Financial Services Authority (OJK).
Working with National Labour Union, MEKAR to promote employee funding
08 Jul 2024 10:43
PT Mekar Investama Teknologi, a P2P lending platform known as MEKAR, is working together with National Labour Union to expand its credit distribution network to employees in Indonesia.
Crowded, 24 issuers get in queue for rights issue in July
08 Jul 2024 09:24
Indonesia Stock Exchange (IDX) reports the number of issuers seen in the pipeline of capital increase with pre-emptive rights, also known as rights issue, until July 5, 2024, has reached 24 issuers.
Securing medical device supply chain, Prodia spends IDR 72 billion on 39% of Proline
28 Jun 2024 12:51
PT Prodia Widyahusada Tbk (PRDA) takes an extra measure to secure supply chain of in vitro diagnostic (IVD) test tools by acquiring 39% of its affiliate, PT Prodia Diagnostic Line (Proline).
Prodia Diagnostic Line hosts topping-off for new production facility, targeting TKDN above 60%
25 Jun 2024 15:07
PT Prodia Diagnostic Line (Proline), "sister company" of PT Prodia Widyahusada Tbk (PRDA) which is engaged in manufacturing reagents and test equipment, has just held the topping off of its newest production facility building today (25/6) in the Jababeka area, Cikarang.
East Ventures to lead the funding of Runchise culinary start-up of USD 1 million
07 May 2024 11:12
Runchise, a start-up in culinary franchise and restaurant management based in Indonesia, has secured a funding worth USD 1 million, led by East Ventures.
Shipping services slowed down, ASSA's net profit still soars 425%
01 Apr 2024 18:44
PT Adi Sarana Armada Tbk (ASSA), a transportation solutions provider, recorded net profit growth of up to 425% year-on-year (yoy) despite the sluggish AnterAja delivery service business.
Soechi Lines’ net profit grew 38% in 2023
25 Mar 2024 07:02
PT Soechi Lines Tbk (SOCI), the company engaged in the tanker assembly and supporting logistics for oil and gas, recorded net profit of USD 8.92 million or approximately IDR 141.16 billion in 2023.
Dunia Virtual Online to offer 510 million shares in IPO
05 Mar 2024 11:13
PT Dunia Virtual Online Tbk (AREA), a data centre provider, will issue its initial public offering (IPO) of 510 million shares in Indonesia Stock Exchange (IDX).