PDES to convert debt worth IDR 50 billion to stocks
02 Sep 2024 08:58
PT Destinasi Tirta Nusantara Tbk (PDES), a tour and travel agent under Panorama Group, has swapped debts of one of its subsidiaries, PT Graha Destinasi, to equity.
Foreign share purchases surged, creating net surplus of 1.35 billion shares
31 Aug 2024 16:25
Share purchase transactions by foreign investors on Friday, August 30, experienced a significant spike, with net foreign volume reaching 6.43 billion shares. Meanwhile, foreign sales volume was 5.07 billion shares, resulting in a net foreign volume surplus of 1.35 billion shares. The acquisition of PT GoTo Gojek Tokopedia Tbk (GOTO) shares contributed to the growth in foreign net volume, as foreign investors purchased 2.84 million shares of this digital company, resulting in a net volume of 1.19 billion shares.
Net foreign volume surplus at 129.84 million shares as foreign buy rises
31 Aug 2024 16:20
On Thursday, August 29, the foreign buying volume was 2.42 billion shares, which was higher than the foreign selling volume of roughly 2.29 billion shares. As a result, the net foreign volume totaled 129.84 million shares. The first place on the top buy list was the purchase of 224.89 million shares of PT Panin Financial Tbk (PNLF), a business and management consulting services provider, for a net volume of 168.47 million shares.
Corporate credit performed well, BNI revises credit growth target to 12% in 2024
30 Aug 2024 11:45
PT Bank Negara Indonesia (Persero) Tbk (BBNI) reported high performance of its credit disbursement until the first half (H1) of 2024, reaching IDR 727 trillion or up 11% year-on-year (yoy).
AUTO to add 14 new Astra Otoservice outlets
30 Aug 2024 10:45
PT Astra Otoparts Tbk (AUTO) will add 14 Astra Otoservice outlets in the second half of 2024, which are expected to optimise service and its automotive spare part sales to consumers of AUTO.
Gov’t to hold another SUN auction next week, eyeing IDR 22 trillion
30 Aug 2024 08:14
The Indonesian government will hold an auction of Government Securities (SUN) next Tuesday (3/9) with an indicative target of IDR 22 trillion.
RR Capital Group acquires 78 million shares of Panca Global Kapital (PEGE)
29 Aug 2024 17:35
Tuesday, August 27, saw the addition of 78.40 million shares of PT Panca Global Kapital Tbk (PEGE) by foreign investor RR Capital Group Pte Ltd. This Singaporean investor now owns about 21.81% of the shares, up from 19.04% previously. Additionally, PT Arthakencana Rayatama once again acquired 14.21 million shares in the fuel distributor PT AKR Corporindo Tbk (AKRA), bringing its total ownership of shares to approximately 14.59%.
Gojek Tokopedia shares drives foreign volume plunges to -254.03 million shares
29 Aug 2024 16:22
Foreign investors sold the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling 714.39 million shares with a net volume of -328.42 million shares on Wednesday, August 28. These sales contributed to a rise in foreign sales volume, which totaled 2.44 billion shares. Meanwhile, the foreign buying volume was 2.18 billion shares, causing net foreign volume to drop to -254.03 million shares.
The Twinwood Family acquires one billion more shares, taking control over Sampoerna Agro (SGRO)
29 Aug 2024 16:19
On Monday, August 26, as many as 1.02 billion shares of PT Sampoerna Agro Tbk (SGRO) were added by foreign investor Twinwood Family Holdings SFO Limited to its portfolio. After the most recent deal, which was directed by PT Bank HSBC Indonesia, the investor from the United Arab Emirates, who had previously owned about 13.29% of the shares, saw its share portion soar to 69.68%. Currently, Twinwood holds a majority stake in this plantation company that runs both palm and non-palm plantations.
NETV to set up reverse stock and private placement
29 Aug 2024 13:50
PT Net Visi Media Tbk (NETV) will conduct two corporate actions at once: reverse stock split and private placement, in order to strengthen its capital structure.