JAKARTA. AirAsia Group is reportedly exploring several funding opportunities to back its plan to acquire additional 75 units of aircrafts until 2031. Tony Fernandes, CEO of Capital A Berhad, or the parent entity of AirAsia airline, said that this plan reflects the company’s commitment in supporting the development of Indonesia’s tourism sector, as well as...
JAKARTA -PT Perintis Triniti Properti Tbk (TRIN) or Triniti Land reported marketing revenue of IDR 1.1 trillion as of August 2024, skyrocketing 114% year-on-year (yoy) from August 2023 of IDR 546.9 billion. The issuer then feels optimistic regarding its marketing sales target of IDR 1.2 trillion that is projected to be attained at the end...
BANDUNG - Unexpected inspiration can actually lead someone to create a new and successful business. This was experienced by Adang, a Micro, Small and Medium Enterprise (MSME) actor in Bandung, who successfully optimized bamboo into various types of crafts and processed food products and is famous internationally. Adang admitted that the inspiration came one night...
Rig Tenders Indonesia Tbk (RIGS) booked net profit of IDR 78.97 billion in the first half (H1) of 2024, up 26.35% year-on-year (yoy) from the same semester last year. In fact, in terms of top-line, RIGS’s revenue only climbed a shy of 1.84% yoy to IDR 347.98 billion in H1 2024. In the same period...
JAKARTA - Foreign investors were reported buying and selling stocks on Thursday, September 5, with nearly equal results, with the foreign buying volume was 1.84 billion shares and the foreign selling volume was 1.81 billion shares. These activities then resulted in a net foreign volume surplus of 33.63 million shares. The industrial area development business...
JAKARTA -PT Bangun Karya Perkasa Jaya Tbk (KRYA) has secured new contracts worth IDR 24.65 billion in order to fund the construction of warehouse and office of PT Elson Bernardi. In the first half (H1) of 2024, the issuer recorded revenue of IDR 115.93 billion, up from IDR 50.53 billion seen in the same period...
JAKARTA -PT MNC Kapital Indonesia Tbk (BCAP) denies the issue of acquisition led by MNC Capital Partners, LP over Vista Outdoor (VSTO.N). This is stated by Stefi Elizabeth, Corporate Secretary of BCAP in the press release quoted Tuesday (10/9). “We emphasise once again that BCAP is now the party involved in the acquisition offer of...
JAKARTA - On Thursday, September 5, prevalent securities firm PT Trimegah Sekuritas Indonesia Tbk acquired a new stake in PT Delta Dunia Makmur (DOID). Trimegah acquired 557.60 million shares in total, instantly acquiring 7.29% of the parent company that provides contractor services for coal mining. Ruhong Holding Pte Ltd thenpurchased 383.46 million shares of PT...
JAKARTA - Remaining the same from the previous day, net foreign volume on Friday, September 6, was stable in the green zone at roughly 74.91 million shares. This figure was derived from the difference between the foreign sell volume of about 1.72 billion shares and the foreign buy volume of 1.79 billion shares. The list...
JAKARTA -PT Lippo General Insurance Tbk (LPGI) will issue a stock split with a ratio set to 1:10, meaning that one old share will be split into 10 shares with new value. Satini Kartika Sari, Corporate Secretary of LPGI, said that the stock split will take effect starting next week (17/9). “The number of shares...