MDKA to transfer its shares in BPI for IDR 1.24 trillion
18 Jan 2023 10:09
PT Merdeka Copper Gold Tbk (MDKA) restructures its subsidiary by selling off its shares in PT Batutua Pelita Investama (BPI) to PT Merdeka Battery Materials (MBM).
SSS to gain control over 34% of UANG
13 Jan 2023 06:34
PT Sirius Surya Sentosa (SSS) is known to have been listed as the holder of 34% of PT Pakuan Tbk (UANG), a property issuer, through a transaction that took place in late 2022 (29/12).
Post-restructuring, Garuda Indonesia lists 5 business transformation initiatives
29 Dec 2022 17:33
Entering 2023, PT Garuda Indonesia (Persero) Tbk (GIAA) has designed several business transformation initiatives to sustain its performance post its thorough restructuring process in 2022.
Playing safe, Garuda Indonesia to refocus on profitable routes
27 Dec 2022 22:30
PT Garuda Indonesia (Persero) Tbk (GIAA) has decided to focus on serving domestic flights following its recent extensive restructuring process.
Danareksa initiated business transformation for BUMN
29 Nov 2022 11:47
In order to increase the value of the company, Danareksa has conducted business transformation for several state-owned enterprises (BUMN) through some initiatives, including restructuring the National Asset Management Company to turn it into a renowned corporation.
Tan Kin Nio to restructure his portion in SOHO
29 Nov 2022 09:19
The stock portion of Fraburg Pty Ltd in PT Soho Global Health Tbk (SOHO) now rises 9.47% following the transaction that took place last week (24/11).
GEAR to go private, DSSA to reassign its portion
10 Nov 2022 06:40
PT Dian Swastatika Sentosa Tbk (DSSA), a part of Sinarmas Group, will transfer its stock portion in Golden Energy and Resources Ltd (GEAR), consisting of 2,044,145,469 shares worth USD 235.39 million, to a Singaporean-based company, Duchess Avenue Pte. Ltd.
Debt restructuring allows GIAA to score IDR 58 trillion of profit in Q3
04 Nov 2022 07:29
PT Garuda Indonesia (Persero) Tbk (GIAA) posted a fantastic number of net profit as of September 2022, reaching USD 3.7 billion or IDR 58 trillion.
INTA to restructure debts worth IDR 2.3 trillion
04 Nov 2022 06:39
PT Intraco Penta Tbk (INTA) restructures loans of three of its subsidiaries worth a total of IDR 2.3 trillion owed to PT Bank Mandiri (Persero) Tbk (BMRI).
HKMU to restructure its debts in Indonesia Eximbank
15 Sep 2022 06:24
Indonesia Eximbank gave a seal of approval on a proposal of debt restructuring of PT Handal Aluminium Sukses (HAS), a company under PT HK Metals Utama Tbk (HKMU).