JAKARTA -PT Tunas Baru Lampung Tbk (TBLA) is allocating interim dividend of IDR 35 per share or IDR 210.88 billion for the fiscal year (FY) 2024. The net profit of TBLA indeed managed to increase by 14.97% year-on-year (yoy) at the end of Q3 2024. In the information disclosure quoted Monday (4/11), Hardy, Corporate Secretary...
Newport Marine Services Tbk (BOAT), a vessel charter service for offshore oil and gas industry, has set the initial public offering (IPO) price to IDR 100 per share. The price was rights at the lower limit of the book building price range set initially by BOAT, from IDR 100 to IDR 120 per share. With...
JAKARTA - PT Mark Dynamics Tbk (MARK) will channel interim dividend of IDR 20 per share, totalling IDR 76 billion, for the fiscal year 2024. In Q3 2024, the profit soared 124.51% year-on-year (yoy). In the information disclosure quoted Tuesday (5/11), Ridwan, President Director of MARK, confirmed that the interim dividend will be paid on...
Modernland Realty Tbk (MDLN), a real estate developer and management company, has signed a loan facility agreement worth USD 60 million amidst the current negative financial performance it is facing. The loan facility is secured by several subsidiaries of MDLN, including PT Mitra Sindo Sukses (MSS), PT Mitra Sindo Makmur (MSM), and PT Bumi Perkasa...
JAKARTA - Modalku Group has obtained a credit facility worth US$ 100 million or equivalent to IDR 1.55 trillion from the HSBC ASEAN Growth Fund. The third credit facility obtained by Modalku from the bank financial institution was signed, Tuesday (5/11). In a press release, Kelvin Teo, Co-founder and Group CEO of Funding Societies Modalku...
U.S. stocks closed on a firm note on Monday, lifting the Dow and the S&P 500 to new record highs, even as the Nasdaq settled flat with technology stocks turning in a subdued performance. Investors remained optimistic that Donald Trumps policies such as tax reductions and deregulation will help boost corporate earnings. The volume of...
Japan will on Tuesday see October numbers for its M2 money stock, highlighting a light day for Asia-Pacific economic activity. M2 is expected to rise 1.5 percent on year, up from 1.3 percent in September. Australia will see October results for the surveys of business confidence and conditions from National Australia Bank, as well as...
The U.S. dollar gained in strength against its major counterparts on Monday, ahead of some crucial economic data, including readings on U.S. inflation readings, and Fed speeches. Data on U.S. retail sales and industrial production U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide further...
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for directional cues. Asian markets closed mostly lower on...
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump. Markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for...