Sinar Mas Multiartha Tbk (SMMA), a financial service company under Sinar Mas Group, has made capital investment in PT Liugong Finance Indonesia. Burhanuddin Abdullah, President Director of SMMA, said that the investment channelled by the company clocks up to IDR 95 billion. With this investment, SMMA will directly have a claim over 19% of Liugong...
JAKARTA. PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary ofPT Delta Dunia Makmur Tbk (DOID), reported oversubscription for Bond II Year 2024. Only within a few days, bond with total principal of IDR 1 trillion was oversubscribed 1.4 times. The management of BUMA mentioned that it indicates high demand from investor towards the issued bond....
Prima Globalindo Logistik Tbk (PPGL), a logistics and delivery company, announces the plan of interim dividend distribution of IDR 1.54 billion or IDR 2 per share. Darmawan Suryadi SM, President Director of PPGL, said that this plan is in line with the decision made by the board of directors a few days ago. “It had...
JAKARTA – Jakarta Stock Price Composite Index (JCI) soared throughout today’s (1/10) session although has yet to fully rebound to 7,500-ish. Monitoring the board until the closing bell, JCI arrived at 7,626.64 at 4 PM WIB today (1/10), much higher than its opening position at 7,559.27 at 9 AM WIB. JCI’s bullish trend throughout the...
JAKARTA - On Wednesday, September 25, shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were sold in significant numbers, totalling 4.18 billion shares, for a net volume of -122.54 million shares. This transaction helped contribute to the rise of the foreign sales volume at 7.17 billion shares. Meanwhile, foreign buying volume was...
AKR Corporindo Tbk (AKRA) has channelled extra capital of IDR 18 billion to PT Anugerah Krida Retailindo (Akrida), a subsidiary engaged in the trading and distribution line. This extra capital boosts Akrida’s issued and paid-up capital to IDR 967.16 billion from the previous record of IDR 949.16 billion. “The increase of issued and paid-up capital...
JAKARTA - Bank Indonesia (BI), the administrator of Jakarta Interbank Offered Rate (JIBOR), will permanently terminate all publications of JIBOR starting January 1, 2026. Erwin Haryono, Assistant Governor of Department of Communications of BI, mentioned that the announcement of JIBOR termination date could hopefully shed a light for market players, driving them to utilise the...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR) secured net profit in H1 2024 of IDR 1.60 trillion, up 9.40% year-on-year (yoy) from IDR 1.46 trillion seen in the same period last year. This increase was driven by revenue growth. Based on Financial Report of H1 2024 quoted today (30/9), TOWR has reportedly collected revenue of...
JAKARTA - PT Dima Investindo (DI) reportedly completed the acquisition of 55% of PT Miki Ojisan Indomitra (MOI) placed inPT Kurniamitra Duta Sentosa Tbk (KMDS) for IDR 184.8 billion last week (26/9). In the information disclosure quoted Monday (30/9), Hengky Wijaya, President Director of KMDS, said that the acquisition of 55% of the shares will...
JAKARTA – Jakarta Stock Price Composite Indes (JCI) was corrected to 7,590 until the morning session was closed at 12 PM WIB today (30/9). The index shift brought it lower than the opening position recorded at 9 AM WIB. Monitoring the index today, JCI was seen weakening since the starting line until the closing of...