JAKARTA -PT MD Entertainment Tbk (FILM will branch out to television broadcast industry following the acquisition of PT Net Visi Media Tbk (NETV), the operator of NET Televisi. The shareholders’ approval regarding this corporate action is projected to be obtained during Extraordinary General Meeting of Shareholders (EGMS) last Tuesday (8/10). In the issued prospectus quoted...
JAKARTA - PT TBS Energi Utama Tbk (TOBA) is allocating IDR 474.58 billion to repurchase (buyback) a maximum of 10% of total issued and paid-up capital. In the information disclosure quoted Monday (7/10), the estimated number of shares to be repurchased is 816.78 million for IDR 580 each. The price is set according to the...
Perusahaan Gas Negara (PGAS) or PGN is eyeing the potential of industrial natural gas development with total volume of up to 15 BBTUD in Sulawesi through the signing of 2 Memorandums of Understanding (MoU). The first MoU was signed by PGAS alongside KSI Indogawa and Sinatar Tara Sejati. Then, the second MoU was signed with...
JAKARTA -PT Medco Energi Internasional Tbk (MEDC) announces the result of tender offer of two Senior Bonds maturing in 2026 and 2027 issued by two of its subsidiaries, namely Medco Oak Tree Pte, Ltd dan Medco Bell Pte Ltd. In the information disclosure quoted Monday (7/10), MEDC mentioned that the proceeds of initial tender offer...
Avia Avian Tbk (AVIA) has collected dividends from two of its subsidiaries, PT Tirtakencana Tatawarna (Tirta Tatawarna) and PT Tirtakencana Batamindo (Tirta Batamindo), worth a total of IDR 107.99 billion. Hera Septi Astuti, Corporate Secretary of AVIA, confirmed that said dividends originate from retained earnings of Tirta Tatawarna and Tirta Batamindo recorded for the fiscal...
Sigma Energi Compressindo Tbk (SICO), an oil and gas service company established circa 2007, is planning an interim dividend distribution of IDR 3 per share or IDR 2.73 billion in total. Vita Diani Satiadhi, Director of SICO, said that this plan aligns with the decision made by the board of directors a couple of days...
JAKARTA - PT Mahakam Coal Terminal (MCT), a subsidiary of PT Ancara Logistic Indonesia Tbk (ALII), will pay off the remaining obligations earlier than the due date (voluntary prepayment) of US$20.82 billion. MCTs creditors are OCP Asia Fund IV (SF 1) Pte Limited and OCP Asia Fund V (SF 1) Pte Limited. Quoted from the...
JAKARTA - PT Megakreasi Cikarang Permai (MKCP), a subsidiary of PT Lippo Cikarang Tbk (LPCK), converted Mahkota Sentosa Utama I 2019 Long-Term Debt Securities (SUJP) into 3.07 billion shares in PT Mahkota Sentosa Utama (MSU). This transaction is affiliated due to the similarity of LPCKs indirect share owners in MSU. Steffi Grace Darmawan, Corporate Secretary...
JAKARTA. The Indonesian government will hold another auction of Government Sharia Securities (SBSN) or government sukuk on Tuesday (8/10) next week, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction, according to the official statement from the Directorate General of Financing and...
JAKARTA - Nicke Widyawati, President Director of PT Pertamina (Persero) was named in Fortunes 100 Most Powerful Women. Her figure is in 47th place out of 100 influential women according to the multi-platform media company. In a press release quoted on Thursday (3/10), the Institutes appreciation for a number of influential women was delivered in...