JAKARTA -PT Resource Alam Indonesia Tbk (KKGI) will distribute interim stock dividend with the ratio of 190:3, meaning that 190 old shares will grant the owner 3 new shares. In the prospectus quoted Monday (11/11), it is said that the shares distributed from treasury stock gained from the third round of buyback on March 2,...
Bank Permata Tbk (BNLI) has received a new rating from Pemeringkat Efek Indonesia (Pefindo), a local security rating agency, of “idAAA” with Stable prospect. This rating is effective until October 1, 2025. In the official statement, Pefindo mentioned that BNLI’s rating reflects a solid support from its new parent entity, Bangkok Bank Public Company Limited....
Champ Resto Indonesia Tbk (ENAK), a food & beverage (F&B) that owns Gokana Ramen & Teppan restaurant chain, managed to book net profit of IDR 19.74 billion within the first nine months (9M) of 2024. Said number increased 35.93% year-on-year (yoy), compared to ENAK’s net profit in 9M 2023 that only reached IDR 14.53 billion....
JAKARTA -PT Petrosea Tbk (PTRO) will initiate a stock split with a ratio set to 1:10, meaning one old share will be split into 10 shares with new value. This corporate action will then be asked for approval during Extraordinary General Meeting of Shareholders on December 16. In the prospectus quoted Thursday (7/110, the number...
JAKARTA – Central Bank of the United States of America or the Fed announced the interest-rate cut of 25 bps to 4.5%-4.75% on Thursday (7/11). This rate cut is expected to boost maximum support for workforce, thus restoring inflation to the targeted 2%. Based on the press release of the Fed quoted Friday (8/11), Federal...
Jobubu Jarum Minahasa Tbk (BEER), an alcoholic beverage manufacturer, has launched a new variant of its wine, Anggur Pink (pink wine or rosé), which is believed to have an extensive market niche. Audy Charles Lieke, President Director of BEER, said that Anggur Pink is a continuation of a series of new product variant launch in...
JAKARTA – Jakarta Stock Price Composite Index (JCI) shifted positively at the beginning of today’s (8/11) session, following the Fed’s decision to lower the interest rate by 25 basis points (bps) yesterday (7/11) local time. Monitoring the board, the index shifted upwards to 7,321.96 at 11 AM WIB, from 7,294.03 seen at the opening bell...
Tera Data Indonusa Tbk (AXIO), a computer manufacturer and trading company, will initiate an interim dividend distribution of IDR 5 per share or IDR 29.2 billion in total. Michael Sugiarto, President Director of AXIO, mentioned that the plan is in line with the decision made by the board of directors a couple of days ago....
JAKARTA - Through PT OCBC Sekuritas Indonesia and PT Trimegah Sekuritas Indonesia Tbk, individual investor Ling Sun purchased 150.17 million shares of PT Koka Indonesia Tbk (KOKA) on Tuesday, November 5. Ling Sun has bought 5.25% of the shares in the issuer, which is a heavy construction and civil engineering firm. Yulisar Khiat, another individual...
JAKARTA – PT Bank Pembangunan Daerah (BPD) Jawa Timur Tbk (BJTM) or Bank Jatim is ready to stand as a holding bank of Banking Business Group (lit. Kelompok Usaha Bank/KUB), overseeing five regional banks. These five banks in question include Bank NTB Syariah, Bank Lampung, PT BPD Banten Tbk (BEKS), Bank Sultra, and Bank NTT....