JASS to distribute IDR 194.92 billion of cash dividend, down 28.81%
19 Apr 2024 10:23
Shareholders of PT Jasa Angkasa Semesta Tbk (JASS) have agreed upon the cash dividend distribution of IDR 194.92 billion from its 2023 net profit.
Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares
18 Apr 2024 17:15
On Friday, April 5, PT Hotel Candi Baru, the controlling investor in PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), increased its stake by 5.14 billion shares via PT BNI Sekuritas. This share purchase also increased Hotel Candi Baru's ownership of the herbal medicine producer from 51% to 68.14% of SIDO shares. PT. Ahabe Niaga Selaras has also become a new shareholder in the automotive company, PT Bintraco Dharma Tbk (CARS). This investor acted quickly, acquiring 1.40 billion shares, or roughly 9.34% ownership, through two securities firms.
Joining hands with Eternal Tsingshan, HRUM to expand investment in nickel
18 Apr 2024 13:50
PT Harum Energy Tbk (HRUM) is partnering with Eternal Tsingshan Group Limited (ET) in order to enhance its investment portfolio in nickel mining industry.
EAST to set up final dividend of IDR 10.10 billion
18 Apr 2024 11:21
Shareholders reportedly approved PT Eastparc Hotel Tbk’s (EAST) plan to distribute cash dividend of IDR 10.10 billion for the fiscal year (FY) 2023.
Profit pressured by normalisation, Prodia still set up dividend of IDR 155.6 billion
18 Apr 2024 11:14
PT Prodia Widyahusada Tbk (PRDA), a company managing Prodia laboratory network, has allocated IDR 155.6 billion to be distributed to its shareholders as cash dividend.
BBKP secures loan facility of USD 300 million from Korea Development Bank
18 Apr 2024 07:56
PT Bank KB Bukopin Tbk (BBKP) has obtained a long-term loan facility worth USD 300 million from its parent company, KB Kookmin Bank Co., Ltd., under Korea Development Bank.
Foreign sell volume hit 5.64 billion shares, resulting in 644.14 million of negative net foreign
17 Apr 2024 23:35
The net foreign list on Tuesday, April 16, showed an increase in foreign selling volume, which totaled around 5.64 billion shares. Meanwhile, foreign investors only acquired a total of 4.99 billion shares, leaving net foreign volume at -644.14 million shares. The state-owned telecoms operator PT Telkom Indonesia (Persero) Tbk (TLKM) had the greatest net volume (-172.72 million shares) after 413.97 million shares were sold.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.
Moody’s maintain sovereign credit rating of Indonesia at Baa2
17 Apr 2024 11:17
Moody’s is said to maintain sovereign credit rating of Indonesia at Baa2 on April 16, 2024. This rating is one level higher than the investment grade, with a stable outlook.
Manoj Dhamoo Punjabi purchases half a billion shares of MD Pictures (FILM)
16 Apr 2024 18:48
Manoj Dhamoo Punjabi, the founder and CEO of PT MD Pictures Tbk (FILM), purchased 496.22 million, or nearly half a billion of FILM shares on Thursday, April 4. This investor currently owns 5.22% stake in this film production house.