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...
JAKARTA -PT Kawasan Indutri Jababeka Tbk (KIJA) is allocating capital expenditure of IDR 450 billion this year. The allocation is split to 55% for land acquisition and 45% for infrastructure maintenance. In the minutes of public expose quoted today (20/8), it is said that the realisation of capex for land acquisition has reached IDR 105...
JAKARTA. Pemeringkat Efek Indonesia (Pefindo), a domestic rating agency, has lowered the rating of Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idD” from the previous “idCCC”. At the same time, Pefindo also revises the corporate rating of ZINC to “idD” from the initial “idSD”. This corporate and bond rating...
JAKARTA – Financial Services Authority (OJK) urges PT Asuransi Jiwasraya (Persero) to conclude the policyholders dispute resolution in a comprehensive way. Until now, there still have been Jiwasraya insurance policyholders that do not approve restructuring scheme initiated by Jiwasraya. Aman Sentosa, Head of Department of Financial Literacy, Inclusivity, and Communication of OJK, mentioned that OJK...
Merck Tbk (MERK), a pharmaceutical company under Merck Holding GmbH from Germany, booked net profit of IDR 47.2 billion in the first half (H1) of 2024. This number dropped 48.4% year-on-year (yoy) from the same period last year, in which MERK scored net profit of IDR 91.4 billion. According to the recently released financial report,...
JAKARTA. Trade surplus of Indonesia in July 2024 was reported at USD 0.47 billion, much lower than June 2024’s trade surplus of USD 2.39 billion. Erwin Haryono, Head of Department of Communication of Bank Indonesia (BI), mentioned that July 2024’s trade surplus is still able to support external resiliency of national economy. “Bank Indonesia continues...