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CUAN secures term loan of IDR 700 billion

JAKARTA -PT Petrindo Jaya Kreasi Tbk (CUAN) has obtained a term loan facility worth IDR 700 billion from PT Bank Mandiri (Persero) Tbk (BMRI). As of June 2024, the issuer reported outstanding long-term bank loan of USD 26.3 million. In the information disclosure quoted Wednesday (18/9), Robertus Maylando Siahaya, Corporate Secretary of CUAN, confirmed that...

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Sight Investment gains control of Siloam Hospital through purchase of 5.85 billion shares

JAKARTA - On Friday, September 13, PT Siloam International Hospitals Tbk (SILO) saw the purchase of over 5.85 billion shares by foreign investor Sight Investment Company Pte Limited, for a total of 7.20 billion shares recorded. Along with thispurchase through PT BNI Sekuritas, theforeign investors ownership increased dramatically from 10.4% to 55.4%. By default, Sight...

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Sensex, Nifty Seen Tad Higher At Open

Indian shares may struggle for direction at open on Tuesday as investors weigh escalating tensions between Israel and Hezbollah and keep a close eye on oil price movements for direction. Israeli airstrikes on Hezbollah strongholds in Lebanon early Monday resulted in the deaths of at least 492 people, including 35 children, according to Lebanons health...

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Japanese Market Is Notably Higher

Adding to the gains in the previous three sessions, the Japanese stock market is notably higher in post-holiday trading on Tuesday, with the Nikkei 225 moving well above the 37,900 level, following the broadly positive cues from Wall Street overnight, with gains is some index heavyweights and exporter stocks. The benchmark Nikkei 225 Index closed...

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German Ifo Business Confidence At 8-Month Low

German business sentiment continued to weaken to hit its lowest level in eight months in September, suggesting that the economy is slipping into a recession, survey results from the ifo Institute revealed Tuesday. The business confidence index fell more-than-expected to 85.4 in September from 86.6 in the previous month. The score was seen at 86.1....

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