JAKARTA – PT Amman Mineral Internasional Tbk (AMMN) was seen shifting 2.75% up, from the morning session until 1.48 AM WIB today (28/11). This uptrend is in line with its report of net profit surge reaching 958% year-on-year (yoy). Arief Sidarto, Director of Finance of AMMN, reported that the net profit jumped to USD 720...
JAKARTA – PT Cikarang Listrindo Tbk (POWR) has announced plans to distribute an interim dividend totalling USD 28.1 million, or approximately IDR 447 billion, in December 2024. The interim dividend is derived from the company’s net profit as of September 2024, which stood at USD 72.6 million, a decrease from USD 76.8 million recorded in...
JAKARTA. Foreign investors collectively divest their portions in PT Surya Citra Media Tbk (SCMA), the managing company of SCTV and Indosiar, reporting the highest net sell in the market throughout the past three days. Last Tuesday (26/11), foreign net sell of SCMA’s shares reportedly stood at 8.88 million shares. The foreign net sell was even...
JAKARTA - PT Majukarya Mandiri Indonesia (MMI) now owns 7.03% ofPT Sumber Energi Andalan Tbk (ITMA) following transaction concluded yesterday (26/11). Prior to this, seen on November 22, MMI only had 5.69% of ITMA’s shares. Based on IDNFinancials data today (28/11), ITMA reported issued and paid-up capital of 999.05 million shares as of November 26....
JAKARTA. Foreign investors consistently buy up shares in PT Perusahaan Perkebunan London Sumatra Tbk (LSIP), an oil palm plantation issuer belonging to the Salim Group, amid falling prices that have taken place in the last month. According to .com’s data, the LSIP share price fell 14.23% or 175 points to IDR 1,055 per share, as...
JAKARTA. BUMA International, one of the subsidiaries ofPT Delta Dunia Makmur Tbk (DOID), will take over 51% of Dawson Complex, a coal mining company based in Queensland, Australia. The acquisition value of this metallurgical coal mine is proposed at USD 455 million, consisting of USD 355 million of advance payment and USD 100 million of...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI has again won the highest title of The Best Overall in Corporate Governance at the 15th IICD Corporate Governance Conference & Award 2024 in the category of Public Companies with the Largest Market Capitalization (Big Cap Public Listed Company), after BNI received the same award...
Unilever Indonesia Tbk (UNVR), the biggest Fast Moving Consumer Goods (FMCG) company in Indonesia, will transfer its ice cream business line to PT The Magnum Ice Cream Indonesia (TMCI). Padwestiana Kristanti, Corporate Secretary of UNVR, mentioned that the company had signed a business line transfer agreement on November 22, 2024, with TMCI. TMCI was an...
JAKARTA -PT Chandra Asri Pacific Tbk (TPIA) grows optimistic regarding its business continuation following the successful extension of Industrial National Vital Object (OVNI) status conferred to its petrochemical factory in Ciwandan, Cilegon, Banten. The OVNI status was granted for this factory, spanning 115.35 hectares (Ha), for at least another 5 years until 2029. Suryandi, Director...
JAKARTA - PT Unilever Indonesia Tbk (UNVR) will sell its ice cream business line to PT The Magnum Ice Cream Indonesia worth IDR 7 trillion. The signing of this business transfer agreement took place last week (22/11). Padwestiana Kristanti, Corporate Secretary of UNVR said that the company and The Magnum are affiliated under the ownership...