JAKARTA - On Monday, December 9, PT Adaro Strategic Investments made the decision to purchase about 3.20 billion shares ofPT Adaro Andalan Indonesia Tbk (AADI)so as to become a new shareholder. Adaro Strategic now officially owns 24.05% of the thermal coalparent companys shares through BUT Deutsche Bank AG and five more securities firms. In the...
JAKARTA - PT Nusantara Sawit Sejahtera Tbk (NSSS) projects that the growth of palm oil prices will not be much different from this year, ranging from 4,000 - 5,000 Malaysian ringgit per tonne. Nusantara Sawit Sejahtera Director Kurniadi Patriawan said the current CPO price, as shown by the companys average selling price (ASP), is IDR...
JAKARTA - Jon Fieris reduced the volume of his shares in PT Hotel Fitra International Tbk (FITT) gradually by 9.2% in the last two weeks of December 2024. The total share sale transaction was recorded at IDR 11.47 billion. Based on the data compiled by IDN Financials, Monday (16/12), it shows that Jon Fieris owns...
JAKARTA. The Indonesian government has officially announced an increase in Value Added Tax (VAT) to 12% and will take effect from January 1, 2025. Airlangga Hartarto, Coordinating Minister for Economic Affairs, said the determination was in line with the Law on Harmonization of Tax Regulations (UU HPP). In accordance with the mandate of the HPP...
JAKARTA - PT Goto Gojek Tokopedia Tbk (GOTO) posted net foreign shares of 1.44 billion, placing it at the top of top net foreign shares at the closing bell, Monday (16/12). Based on the data compiled by IDN Financials, it shows that the largest e-commerce platform issuer recorded foreign buys of 3.23 billion and foreign...
JAKARTA - On Monday, December 16, foreign investors bought 4.84 billion shares from 946 issuers. On the other side, 3.55 billion shares were sold, yielding a net foreign volume excess of 1.29 billion shares. With a purchase volume of 3.23 billion shares and a net volume of 1.44 billion shares, the digital company PT GoTo...
JAKARTA – PT Lautan Luas Tbk (LTLS) reported a remarkable 120% year-on-year (yoy) increase in net profit attributable to the parent company, reaching IDR 183 billion as of September 2024. According to LTLSs Q3 2024 financial report, this significant profit surge was driven by a 6.38% yoy rise in revenue, which reached IDR 5.73 trillion....
JAKARTA. PT Bangun Kosambi Sukses Tbk (CBDK), a subsidiary ofPT Pantai Indah Kapuk Dua Tbk (PANI), plans an initial public offering (IPO). CBDK is said to offer 566.89 million shares in IPO, which are equal to 10% of issued and paid-up capital. The company also set the price range for the bookbuilding of the shares...
JAKARTA — PT Indofarma Tbk (INAF) is reportedly planning to divest over 50% of company assets, according to the report received by IDNFinancials from Indonesia Stock Exchange (IDX) last Thursday (12/12). Referring to the Financial Report of Q3 2024, Indofarma was seen recording total assets of IDR 758 billion, with non-current assets dominating the portion...
JAKARTA - Amir Sunarko purchased approximately 332.44 million shares ofPT SLJ Global Tbk (SULI)via PT Binaartha Sekuritas on Thursday, December 5. This most recent individual investor then swiftly acquired 5.61% of the forestry and logging companys shares. Foreign investors also appeared to be interested in adding shares. In order to round up its share portion...