JAKARTA - Foreign investor CGS International Securities Singapore Pte Ltd boosted its stake in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure business, by 147.23 million shares on Thursday, December 19. The investors share amount went up slightly from 16.15% to 16.38%. The same investor also made the decision to cut the number of...
JAKARTA - The Composite Stock Price Index (JCI) closed up 1.61% or 112.58 points to 7,096.45 on Monday (23/12). The increase in the index was led by the shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) and PT Bank Mandiri (Persero) Tbk (BMRI), whose prices rose 3.69% and 2.64% respectively. The increase in BBRIs...
Jakarta - President Director of PT Sido Muncul Pupuk Nusantara (SMPN) David Hidayat, explained that the company has succeeded in utilising herbal waste from the herbal medicine production of PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) into agricultural fertiliser and livestock nutrition supplements. “We have been working for almost 20 years to process...
Jakarta - PT Bakrieland Development Tbk (ELTY) has officially acquired 100% of the shares of PT Graha Istana Nirwana (GIN), the manager of Aston Sidoarjo City Hotel & Conference Centre. This acquisition was carried out through its subsidiary, PT Mutiara Masyhur Sejahtera (MMS), with a debt conversion mechanism of IDR 93.6 billion into a capital...
Jakarta - PT Bank Negara Indonesia (Persero) Tbk (BBNI) strengthens its commitment to digital transformation through the construction of the Innovation Hub at Sarinah Building. This place is a centre of innovation and collaboration designed to encourage a productive and creative work culture, especially among the younger generation. One of the flagship innovations of the...
Jakarta - PT Petrosea Tbk (PTRO) announced the implementation of share trading with a new nominal value as a result of a stock split which will begin on January 3, 2025. The stock split with a ratio of 1:10 aims to attract retail investors by offering shares at a more affordable price. Anto Broto, Head...
Jakarta - PT Pan Brothers Tbk (PBRX) managed to escape the threat of bankruptcy after the Central Jakarta Commercial Court ratified a homologation agreement with the majority of creditors. As part of the homologation agreement, Pan Brothers will restructure its US$ 340 million debt to bank creditors and bondholders. The restructuring will be carried out...
Jakarta - PT Green Power Group Tbk (LABA) announced plans to increase capital with pre-emptive rights or rights issue in the first half of 2025. President Director of LABA, William Ong, revealed that the value of the issuance is estimated at IDR 100-150 billion. We are currently discussing with securities regarding the number of shares...
Jakarta - PT BFI Finance Indonesia Tbk (BFIN) affirms its commitment to pay off the companys Shelf Registration Bond V BFI Finance Indonesia Phase III Year 2023 Series B worth IDR 227 billion, which will mature on January 27, 2025. In an official statement, BFIN Director Sudjono explained that the funds for principal and interest...
JAKARTA—On Friday, December 27, the stock exchange saw a net sell of 15.98 million shares from foreign investors. A total of 2.55 billion shares were bought, while 2.56 billion shares were sold overall. With 447.61 million shares, PT GoTo Gojek Tokopedia Tbk (GOTO) once again topped the list of equities with the highest net sell....