adimin

MD bags IDR 50 billion from divesting OMRE

JAKARTA - PT Manning Development (MD) is known to have divested 4.12% of PT Indonesia Prima Property Tbk (OMRE)in a transaction last week (27/10). In the information disclosure quoted Friday (3/1), Neneng Nurjanah, Corporate Secretary of OMRE, confirmed that MD had divested 121.36 million shares, bringing its portion down to 1.01 billion, or 34.43% of...

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BCAP to offer IDR 500 billion bonds

JAKARTA – PT MNC Kapital Indonesia Tbk (BCAP) will issue and offer Shelf-Registration Bonds V MNC Kapital Indonesia Phase I Year 2024 with a principal amount of IDR 500 billion. According to a disclosure on the Indonesia Stock Exchange (IDX) on Thursday (2/1), BCAP is targeting to raise IDR 555 billion through this bond offering....

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WSKT to boost subsidiary’s capital

JAKARTA - PT Waskita Karya (Persero) Tbk (WSKT) will increase the capital of its subsidiary, PT Kresna Kusuma Dyandra Marga (KKDM), through another subsidiary, PT Waskita Toll Road (WTR). The transaction is carried out regarding the capital restructuring for subsidiary to optimise KKDM’s performance. Based on information disclosure in Indonesia Stock Exchange (IDX) today (2/1),...

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China Private Sector Expands In December

Chinas private sector expanded at the end of the year as fiscal stimulus and loose monetary policy provided a near-term support to growth, official survey results revealed on Tuesday. The manufacturing Purchasing Managers Index dropped to 50.1 in December from 50.3 in the previous month, data published by the National Bureau of Statistics showed. The...

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Goldman Sachs Embraces Crypto: Reveals $1.5B Investment in Bitcoin ETFs

Goldman Sachs has disclosed in its annual shareholder letter that it holds $1.27 billion in BlackRock’s IBIT and $288 million in Fidelity’s FBTC.This comes a year after the SEC approved Bitcoin ETFs, as regulatory conditions become more crypto-friendly under Donald Trump’s leadership. For the first time ever, Goldman Sachs, the world’s second-largest investment bank, has...

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