JAKARTA – Banks with big market capitalisation showed collective slippages at the morning session in the last week of 2024. This blue-chip banks’ downtrend affects Jakarta Composite Index (JCI) at its first session. Based on the data compiled by IDNFinancials today (30/12), some of the leading banks that got corrected this morning included ,PT Bank...
JAKARTA – PT Baramulti Suksessarana Tbk (BSSR) is set to distribute an interim dividend for the 2024 fiscal year, amounting to USD 25 million, or approximately IDR 154.39 per share. The interim dividend will be drawn from BSSRs net profit attributable to the parent entity as of September 2024, which stood at USD 298.6 million....
JAKARTA – PT Communication Cable Systems Indonesia Tbk (CCSI) is preparing to conduct a Rights Issue, or Capital Increase with Pre-emptive Rights (PMHMETD), amounting to 133.33 million new shares. According to a disclosure from the Indonesia Stock Exchange (IDX) today (30/12), the exercise price has been set at IDR 383 per share, potentially allowing CCSI...
JAKARTA – The realised number of issuers debuting on Indonesia Stock Exchange (IDX) this year arrives below the specified target at 62 companies. According to IDX data, there have been 41 companies publicly listed through initial public offering (IPO) at the board until December 20, 2024. Said number is only 66% of the target set...
JAKARTA – PT Ace Oldfields Tbk (KUAS) has announced plans to distribute its first-ever interim dividend for the 2024 fiscal year, amounting to IDR 1.94 billion, or IDR 1.5 per share. The interim dividend will be given to shareholders registered by 4 PM on January 13, 2025, with the payment scheduled for January 25. This...
JAKARTA -PT Cardig Aero Service Tbk (CASS) is known to have reached an agreement regarding the reduction of loan interest from its debtor, PT Cardig Asset Management (CAM). Despite the very similar names, CASS and CAM are actually not affiliated. Purnama Wirya, Corporate Secretary of CASS, mentioned that debt restructuring process generates payment scheme such...
JAKARTA — On Tuesday, December 24, Ikin Wirawan took over 10.36% of the shares of PT Wira Global Solusi Tbk (WGSH), also known as WGS Ventures, initiating the stock buying and selling transaction by investors holding more than 5% of the shares. Through PT BCA Sekuritas, this individual investor purchased 108.02 million shares of WGSH....
JAKARTA - Budiyanto Djoko Susanto, Commissioner of PT Sumber Alfaria Trijaya Tbk (AMRT), is estimated to have earned IDR 90.27 billion from the divestment of 31.67 million of his shares in a transaction last week (27/12). Currently, Budiyantos share is 104.56 million or 0.25% from 136.23 million or 0.32% of the total 41.52 billion shares....
Indonesia Paradise Property Tbk (INPP) is issuing Bond I Year 2025 worth IDR 500 billion in two series. Approximately IDR 12.5 billion will be issued in series A, with coupon set to 7.05% per annum and tenure of 3 years. Then, the remaining IDR 487.5 billion is offered through series B, with a coupon set...
JAKARTA – Foreign investor transactions on the final trading day of 2024 ended with 384.96 million shares of net sell. Foreign investors bought 3.04 billion shares and sold 3.43 billion shares on Monday, December 30. However, in December, the net foreign volume ended the month with a net buy position of 1.26 billion shares. With...