JAKARTA - China Merchants International Port Integrated Development (Hong Kong) Company Limited (CMIPD) is conducting a tender offer of 725.97 million shares of PT Nusantara Pelabuhan Handal Tbk (PORT). This corporate action will take place from September 3 to October 2, 2024. In the short prospectus quoted today (10/9), PORT’s shares that will be offered...
JAKARTA. PT Orimba Alam Kreasi (OAK), one of subsidiaries ofPT SLJ Global Tbk (SULI), has reportedly signed a credit agreement with ACLF Investments Hong Kong Limited. Amir Sunarko, President Director of SULI, mentioned that ACLF Investments is a company headquartered in Hong Kong. ACLF Investment grants private loans focusing on climate, environmental, and social impacts....
JAKARTA. Financial Services Authority (OJK) warns PT Bukalapak.com Tbk (BUKA) to immediately use the remaining proceeds of initial public offering (IPO) of IDR 9.8 trillion. As of now, the proceeds are known to be placed in securities and deposit accounts. Prior to this, total proceeds raised by BUKA during IPO in 2021 were IDR 21.9...
JAKARTA. PT Lontar Papyrus Pulp & Paper Industry, a pulp and tissue producer belonging to the Sinarmas Group, will issue Shelf Registration Bonds III Phase I/2024 and Shelf Registration Mudharabah Sukuk I Phase I/2024 with a total principal amount of IDR 2.5 trillion. The principal amount to be issued by Lontar Papyrus Pulp & Paper...
JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) signed the Joint Working Agreement (PKB) for the 2024-2026 period with the BRI National Workers Union at BRI BRILiaN Tower, Jakarta (28/08). The 2024-2026 Joint Working Agreement was signed by BRI President Director, Sunarso, with the Chairman of the BRI National Workers Union, Mohammad Rizal, and...
Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion. Mahrus, Corporate Secretary of MFIN, said that the corporate action is intended as a means to adjust its paid-up capital to at least IDR 250 billion. This adjustment follows the Financial Services Authority Regulation (POJK) Article 72 regarding...
JAKARTA – Shareholders of PT Solusi Sinergi Digital Tbk (WIFI) agreed upon the plan of a rights issue of 4.71 billion shares or equal to 66.67% of issued and paid-up capital. Prior to this, this corporate action failed to obtain approval during Extraordinary General Meeting of Shareholders on August 21, 2024. Yune Marketatmo, President Director...
JAKARTA – Shareholders collectively agreed upon the discharge of two commissioners and two directors of PT Mahaka Media Tbk (ABBA)in Extraordinary General Meeting of Shareholders yesterday (4/9). EGMS was joined by shareholders representing 2.13 billion shares or 54.25% of 3.93 billion shares issued by ABBA. The minutes of the meeting quoted today (6/9) showed that...
JAKARTA – Jakarta Stock Price Composite Index (JCI) broke another record throughout today’s (6/9) session. It arrived at 7,733.35 nearing the end of the closing bell at 3.49 PM WIB, higher than 7,700 level recorded yesterday (5/9). Monitoring the board today, JCI shifted positively, bullish at the green zone. Right after the opening bell, the...
JAKARTA. Indonesia Stock Exchange (IDX) authority will modify the regulation in the stock market to increase the quality of listed companies, following the controversy of gratification for IPO, leading to contract termination of several employees. I Gede Nyoman Yetna, Director of Listing of IDX, mentioned that one of the adjustments from the stock exchange authority...