JAKARTA – PT Lautan Luas Tbk (LTLS), a chemical distributor, implements sustainability strategies through two of its subsidiaries, PT Lautan Natur Krimerindo (LNK), and another subsidiary engaged in the supporting services sector. LNK, the manufacturer of FIberCreme, has reportedly installed 1,416 solar panels with total capacity of 635 kilowatt (kW) in its factory in Mojokerto,...
JAKARTA -PT Eastparc Hotel Tbk (EAST) will distribute interim dividend of IDR 5.15 billion for the fiscal year (FY) 2024, down 30.55% from interim dividend for FY 2023 of IDR 7.42 billion. As of June 2024, its net profit was at IDR 15.42 billion, retained earnings IDR 11.71 billion, and total equity of IDR 461.28...
JAKARTA. Muhammadiyah Central Board, one of the major religion organisations in Indonesia, has formed two companies to manage mining concessions granted by the Indonesian government. Muhadjir Effendy, Head of Muhammadiyah Central Board, said that one of the two companies will serve as a holding company with one other as the operating company. “We have now...
Suryamas Dutamakmur Tbk (SMDM), a real estate management and developer, booked net profit of IDR 109.76 billion in the first half (H1) of 2024. The number is 3.4 times higher compared to the net profit of SMDM in H1 2023, in which the company only managed to collect net profit of IDR 25.15 billion. According...
JAKARTA – Three issuers are now listed as constituents of IDX ESG Leaders (IDXESGL) following a major evaluation in September 2024. The current effective period will last until March 18, 2025, from September 18, 2024. Based on the information disclosure of the stock exchange quoted Thursday (12/9), the issuers that enter IDXESGL include PT Avia...
Betonjaya Manunggal Tbk (BTON) will schedule a cash dividend payment of IDR 7.2 billion or IDR 10 per share. Andy Soesanto, Corporate Secretary of BTON, mentioned that the cash dividend will be taken out of its net profit in 2023. “It follows the result of Extraordinary General Meeting of Shareholders on September 10, 2024,” he...
JAKARTA – There is a need for capable and reliable human resources to boost Indonesia as sharia economic centre. It is mentioned by Saiful Rahmat Dasuki, Vice Minister of Religion, in a written speech during Islamic Leaders Conference at Menara Syariah, Pantai Indah Kapuk (PIK) 2, Thursday (12/9). “I hope that through this conference, there...
JAKARTA -PT Jasa Marga (Persero) Tbk (JSMR) made capital investment in PT Bogor Serpong Infra Selaras (BSIS), a joint venture managing Bogor-Serpong via Parung Toll Road. The capital investment took place yesterday (11/9). In the information disclosure quoted Thursday (12/9), Nixon Sitorus, Corporate Secretary and Chief Administration Office (CAO) of JSMR, revealed that four founders...
Kian Santang Muliatama Tbk (RGAS)andPT Perusahaan Gas Negara Tbk (PGAS) have collaborated to work on gas network construction project with a contract value of ID 29.5 billion. The project is located in Central Java and Yogyakarta, and will take 2 years to be completed. “This project is our initial phase of synergy with PGN to...
JAKARTA – Jakarta Stock Price Composite Index (JCI) did not budge from the green zone all day today (12/9). It was opened and closed at the same level, 7,798. Monitoring the board today, JCI was actually seen climbing to 7,813.35, right after the morning session started, another record broken by JCI within the past week....