Medco Power to issue IDR 1.15 trillion sukuk wakalah for refinancing
17 Jan 2025 10:14
Medco Power Indonesia is set to meet several financial obligations due this year, funded by the issuance of a shelf-registration sukuk wakalah.
TGUK realises IPO proceeds by 98.5%, the allocation revealed
16 Jan 2025 08:58
TGUK has realised 98.5% of IPO proceeds after over a year entering the stock market. Here's the allocation.
BI rate drops to 5.75%
15 Jan 2025 15:57
BI has lowered the BI rate to 5.75% from the previous 6%, taking into account the inflation forecast for 2025 and 2026.
Another lay-off wave to hit, now it’s Bukalapak
13 Jan 2025 14:26
BUKA is set to terminate a number of employees following its business shift to focus exclusively on virtual product services.
Aiming for 500,000 tons production, DGWG targets new fertilizer plant by 2026
13 Jan 2025 13:46
Regarding fertilizer production, DGWG has plans to expand its plant in Palembang with a capacity of 120,000 tons.
Teguk closes down over 100 outlets a year post-IPO; what gives?
10 Jan 2025 11:15
Decline in people's purchasing power dragged TGUK's performance down, forcing the company to close down over 100 stores.
Bukalapak's shares decline following business shift to virtual product sales
08 Jan 2025 10:52
Monitoring the morning session, BUKA saw 3.28% corrections since opening, believed to result from termination of physical product sales.
Closing down marketplace, Bukalapak to shift to digital services
08 Jan 2025 05:54
Bukalapak.com closes down its marketplace platform and shifts its business focus to digital products and services.
RATU’s listing is near, RAJA secures “idA+” rating
07 Jan 2025 08:08
PT Rukun Raharja Tbk (RAJA) has scored an “idA+” rating from Pemeringkat Efek Indonesia (Pefindo), a local rating agency, nearing the listing of one of its subsidiaries, PT Raharja Energi Cepu Tbk (RATU).
TGRA's recovery efforts: rights issue plans and acquisition
03 Jan 2025 15:39
TGRA's difficulties began with its undersubscribed IPO on May 15, 2017, where it raised only IDR 110 billion, far below the IDR 1.5 trillion needed for capital expenditures to build its five PLTMs.