Petrosea to form new subsidiary in mining services industry

Petrosea Tbk (PTRO) has established another new subsidiary called PT Lintas Kelola Berlaba (LKB) through one of its existing subsidiaries, PT Petrosea Infrastruktur Nusantara (PIN). “The intention and purpose of LKB formation is to engage in mining services field, as well as professional, scientific, and technical activities,” added Anto Broto, Corporate Secretary of PTRO, in...

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Foreign buy exceeds 5 billion shares, net foreign volume closed at 279 million shares

JAKARTA - Stock buying activity by foreign investors on Tuesday, November 12, resulted in foreign buying volume reaching 5.65 billion shares. Meanwhile, foreign sales volume stood at 5.37 billion shares. As a result, net foreign volume ended at 279.49 million shares. Foreign investors began the top buy list by purchasing 1.94 billion shares of coal...

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Siauw Yunus now owns 5% of Jungle Series (JGLE) after purchasing 1.1 billion shares

JAKARTA - On Friday, November 8, Siauw Yunus Subandi made the decision to invest in PT Graha Andrasentra Propertindo Tbk (JGLE), the company that runs the Jungle Series amusement park. This individual investor purchased over 1.16 billion shares of JGLE through PT RHB Sekuritas Indonesia and seven other securities firms, formally becoming a new shareholder...

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