JAKARTA – PT Trimegah Bangun Persada Tbk (NCKL), commonly known as Harita Nickel, recorded a 17.8% year-on-year (yoy) revenue increase, reaching Rp20.4 trillion as of September 2024. This rise is seemingly attributed to the addition of a production line at NCKLs High-Pressure Acid Leach (HPAL) facility in August 2024. In fact, the nickel processing line...
JAKARTA - PT KB Finansia Multi Finance, the managing company of Kredit Plus, is offering Shelf-Registration Bond I Phase I Year 2024 of IDR 500 billion starting from yesterday (21/11) until next week (3/2). The proceeds of this bond issuance will be allocated to expand financing capacity for its users. In the short prospectus quoted...
JAKARTA - After purchasing 1.91 billion shares of property developer PT Modernland Realty Tbk (MDLN) the day before, PT Honoris Corporindo Pratama instead transferred these shares to PT Panin Sekuritas Tbk on Wednesday, November 20. At last, this new investor nowowns15.29% of MDLNs shares, compared to Honoriss 13.6% shareholding. The securities of PT Panin Sekuritas...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI has again won the Gold Rank award in the 2024 Asia Sustainability Report Rating (ASRRAT) event organized by the National Center for Corporate Reporting (NCCR). BNI Corporate Secretary Okki Rushartomo said that this is the 4th year the company has won the Gold Rank in...
JAKARTA – Shareholders of PT Cikarang Listrindo Tbk (POWR) have agreed upon the issuance of Notes in a foreign currency worth USD 500 million. This corporate action is expected to improve cash ratio of the company. Ko Rina, Investor Relation & Corporate Finance Manager of POWR, mentioned that the yield attached to the upcoming notes...
JAKARTA -PT Waskita Beton Precast Tbk (WSBP) has been concluding debt-to-equity swap with 9 creditors via private placement phase III last Wednesday (20/11). This debt settlement was carried out following the peace agreement homologated by Commercial Court of Central Jakarta on June 28, 2022. Quoted today (25/11), Fandy Dewanto, Corporate Secretary of WSBP, mentioned that...
Sinar Eka Selaras Tbk (ERAL)has raised its ownership portion in a joint venture (JV) established alongside JD Sports Fashion Plc. (JD UK). Badar Teguh Mancik Alam, Corporate Secretary of ERAL, confirmed that there are 2 JVs taken over by the company, namely PT JDSports Fashion Indonesia (JDFI) and PT JDSports Fashion Distribution (JDFD). ERAL has...
Solusi Sinergi Digital Tbk (WIFI), a digital advertising and network infrastructure, has injected extra capital to one of its subsidiaries, PT Dharma Sinar Semesta (DSS), in order to promote business development. Yune Marketatmo, President Director of WIFI, confirmed that the extra capital given to DSS clocks up to IDR 53.44 billion. This brings total issued...
JAKARTA -PT Adhi Commuter Properti Tbk (ADCP) is eyeing recurring income contribution of 5% of its net profit in the past 5 years. As of September 2024, this company has 50% remaining of its landbank of 142.2 hectares (Ha) to be developed as revenue driver. Rizkan Firman, President Director of ADCP, mentioned that the recurring...
Daya Intiguna Yasa Tbk (MDIY), a retail company known as MR DIY, will conduct initial public offering (IPO) by issuing 2.51 billion shares or equal to 10% of issued and paid-up capital. This corporate action is deemed a monumental milestone for MR DIY after entering the Indonesian market in 2017. “Our vision is to continue...