JAKARTA. The Composite Stock Price Index (JCI) showed an increase of 1.22% or 85.13 points to 7,068.99 in the first trading session today. Previously, the JCI opened at 6,983.87 this morning. The highest position of JCI in the first session touched 7,095.91 and the lowest at the opening. The volume of shares traded was recorded...
JAKARTA - PT Mulia Boga Raya Tbk (KEJU), a processed food producer known for its Prochiz brand, will distribute bonus shares worth IDR 206.25 billion. Peter Wiradjaja, Corporate Secretary of KEJU, said that the plan had been approved by the companys Extraordinary General Meeting of Shareholders (EGMS) held last week. KEJUs bonus share distribution ratio...
Jakarta - PT Estika Tata Tiara Tbk (BEEF) recorded a surge in revenue throughout September 2024. The companys total revenue reached IDR 2.64 trillion, a drastic increase compared to the same period last year which only reached IDR 383.6 billion or equivalent to 589%. This surge was driven by a large contribution from the companys...
Jakarta - PT ESSA Industries Indonesia Tbk (ESSA) has officially established a new subsidiary called PT ESSA Sustainable Indonesia (ESI). ESSA Sr Legal and Corporate Secretary Manager, Shinta DU Siringoringo, in a written statement on Monday (23/12) said that ESI is engaged in other management consulting activities with an issued and paid-up capital of 10,001...
JAKARTA - PT MNC Land Tbk (KPIG) has disposed of its assets worth IDR 5.5 trillion in Bali to fund the Bali subway project. The assets were sold to PT Bumi Indah Permai (BIP). The transaction is targeted to be completed by January 2025. Later, BIP will use the assets for the construction of the...
JAKARTA - PT Samcro Hyosung Adilestari Tbk (ACRO), a hook and loop (velcro) trading company that debuted on the stock exchange earlier this year, will distribute an interim dividend of IDR 7.59 billion. Chung Tae Sung, President Director of ACRO, said that the plan was a decision of the board of directors, which was approved...
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 Indonesia Stock Exchange (IDX) announced that it will delist 8 listed companies in 2025. The exchange will delist the company on July 21, 2025 because of bankruptcy. The eight issuers have time to submit share buyback information disclosure until January 18, 2025. The buyback implementation period as regulated by the stock exchange...
Jakarta - PT Waskita Beton Precast Tbk (WSBP) plans a capital expenditure (capex) of IDR 50 billion in 2025. This value increased by 20 billion (60%) compared to the realization of capex in 2024. According to WSBPs Director of Finance, Risk Management & Legal, Fathul Anwar, the capex funds will be used to repair precast...
JAKARTA - On Monday, December 23, foreign transactions were slightly different, with net foreign volume closing at -33.03 million shares. The figure was generated from the difference between foreign buy volume (2.97 billion shares) and foreign sell volume (3.01 million shares). On the top sell list, the most sold shares belonged to the digital company...