JAKARTA – Broad money (M2) in circulation was reported reaching IDR 8.97 quadrillion in July 2024, up 7.4% year-on-year (yoy) from July 2023. However, this number was seen corrected from IDR 9.01 quadrillion seen in June 2024, up 7.75 yoy from June 2023. From broad money (M2) analysis report quoted Friday (23/8), the realisation of...
RMK Energy Tbk (RMKE), a coal mining logistics company, is offering loan facilities worth a total of IDR 416 billion to several affiliates. It was announced by the management of RMKE in the information disclosure in Indonesia Stock Exchange. Several affiliated companies that receive this loan facility are namely PT Rantaimulia Kencana (RMK), PT Royaltama...
Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has secured approval from shareholders to conduct a shares buyback. In the meeting held on August 21, 2024, 99.29% of AGRO’s shareholders agreed upon the plan of buyback that will take up budget of IDR 20 billion. In addition, shareholders...
JAKARTA -PT Summarecon Agung Tbk (SMRA)restructures its portion in PT Nusantara Selaras Sejati (NTSS), whose operation is located in Penajam Paser Utara, East Kalimantan. Jemmy Kusnadi, Corporate Secretary of SMRA, mentioned that 2.49 million shares or 99.99% of shares in NTSS owed by the company have been transferred to PT Setia Mitra Edudharma (SMED), another...
JAKARTA - PT Pantai Indah Kapuk Dua Tbk (PANI) booked net profit of IDR 286 billion in the first half (H1) of 2024, up 35% year-on-year (yoy) from IDR 211 billion seen in the same period in 2023. Sugianto Kusuma, President Director of PANI, mentioned that the company has recorded constantly positive performance. “With this...
Widodo Makmur Unggas Tbk (WMUU), an integrated farm company, has received a Suspension of Debt Payment Obligation (lit. Penundaan Kewajiban Pembayaran Utang/PKPU) claim issued through Central Jakarta Commercial Court. The lawsuit had been received and ruled during Central Jakarta Commercial Court session on July 11, 2024. “PKPU lawsuit directed to WMUU had been received by...
Triputra Agro Persada Tbk (FAPA), a palm plantation company operating since 1994, revealed another round of dividend income of IDR 72.5 billion. Joni Tjeng, Corporate Secretary of FAPA, mentioned that said dividend income came from 2 subsidiaries of the company, namely PT First Lamandau Timber International (FLTI) and PT Dwiwira Lestari Jaya (DLJ). The dividend...
JAKARTA – Jakarta Stock Price Composite Index (JCI) soared to 7,586.78 at today’s (21/8) opening bell, surpassing the number seen last Tuesday’s (20/8) morning. Monitoring the board today, JCI was seen gaining major strides until 10.30 AM WIB since the opening of the morning session at 9 AM, in which it began at 7,563.73. This...
Chandra Asri Pacific Tbk (TPIA), another company owned by Prajogo Pangestu, will push forward the agenda of debuting its subsidiary engaged in the infrastructure investment sector, PT Chandra Daya Investasi (CDI), in Indonesia Stock Exchange (IDX). Suryando, Director of Human Resources and Corporate Affairs, mentioned that business diversification of TPIA is currently being focused in...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was seen gaining strides in the green zone, starting from the opening bell today (20/8) until the end of its first session. It was opened at 7,491.41 at 9 AM WIB. Monitoring the board until the end of first closing bell, IHSG was seen peaking, even arriving...