JAKARTA. PT Logindo Samudera Makmur Tbk (LEAD), an oil and natural gas services company, will carry out additional capital without granting pre-emptive rights (PMTHMETD) or private placement. This corporate action was carried out by LEAD in the context of financial restructuring. Currently, the companys net working capital is recorded at minus US$3.02 million, with total...
Astra International Tbk (ASII), a multi-sector holding company, announces its plan to distribute interim dividend of IDR 3.96 trillion or IDR 98 per share in the near future. Gita Tiffany Boer, Corporate Secretary of ASII, said that the plan follows the decision made by the board of directors of the company on September 12, 2024....
JAKARTA. PT Sawitmas Parenggan, a palm plantation company operated since 2006 in Central Kalimantan, has issued Medium Term Notes (MTN) with total principal worth IDR 110 billion. Said security was issued under the title MTN II of PT Sawitmas Parenggan Year 2024 Phase I, II, and III. Total principals for Phase I and II are...
JAKARTA – Stock performance ofPT Trimegah Bangun Persada Tbk (NCKL)or Harita Nickel slipped IDR 20 this morning (4/10), contrasting with yesterday’s (3/10) ever-increasing trend all day. After a year debuting in the market, this issuer reported 25.6% decline with market cap of IDR 78.87 trillion. Monitoring the board at 10.30 AM WIB, the stock stumbled...
Sepatu Bata Tbk (BATA), a footwear manufacturer debuted on Indonesia Stock Exchange (IDX) circa 1982, booked a loss of IDR 127.35 billion in the first half (H1) of 2024. BATA’s loss in H1 2024 rose nearly 3 times higher from the loss it recorded in the same period last year. In H1 2023, it only...
Pelayaran Tamarin Samudra Tbk (TAMU), an oil and gas supporting service provider, has divested 1 unit of vessel to PT Pertamina Trans Kontinental. Edi Purwanto, Director of TAMU, said that the unit divested to the subsidiary of PT Pertamina (Persero) is Accomodation Work Barge (AWB) Petroleum Superior. “The selling price in the transaction agreed by...
Rig Tenders Indonesia Tbk (RIGS), through one of its subsidiaries, PT Batuah Abadi Lines (PTBAL), has secured a new additional vessel to its fleet. Kartika Hadi, President Director of RIGS, mentioned that PTBAL is the party that acquires the asset, in the form of a vessel titled Tug Boat PEC 2416. The acquisition is led...
JAKARTA -PT BPD Jawa Timur Tbk (BJTM) will acquire 476.19 million shares of the issued and paid-up capital of PT BPD Banten Tbk (BEKS). The shareholders have agreed upon the investment of IDR 10 billion in BEKS. Edi Masrianto, Director of Finance, Treasury, and Global Services of BJTM, confirmed that the company and BEKS will...
JAKARTA – At the opening bell of today’s (7/10) trading session, Jakarta Stock Price Composite Index (JCI) plummeted to 7,460.60. Until 11 AM WIB, it remained idle at 7,495.56. Monitoring the board this morning, the index briefly shot up to 7,505.55. However, it took a tumble and rebounded at 10.05 AM WIB. The index was...
JAKARTA. The amount of venture capital funding in the global market reached USD 66.5 billion in the third quarter (Q3) of 2024, slowing down 16% quarter-to-quarter (qoq), or down 15% year-on-year (yoy). According to the report of Crunchbase, the company that collects information regarding global venture investment, late-stage funding dominated with USD 31.6 billion in...