Fajar Surya Wasesa Tbk (FASW), a manufacturer of paper cup and packages, has signed a subsidiary loan facility agreement with PT Dayasa Aria Prima (DAP). Marco Hardy, Corporate Secretary of FASW, mentioned that DAP is one of the company’s subsidiaries with ownership portion of 99.9%. DAP is engaged in the paper manufacturing industry and started...
JAKARTA – Prinsip Management Limited (PML), Singapore, collected IDR 100.36 billion from divesting its shares inPT FAP Agri Tbk (FAPA). Ricky Tjandra, President Director of FAPA, mentioned that PML will divest 18.93 million shares for IDR 5,300 each last week (18/9). Post-transaction, its portion will shrink to 74.75% from 75.28% of total listed shares, or...
JAKARTA - Foreign investors increased their share buy transactions on Tuesday, September 24, resulting in a foreign purchase volume of 4.33 billion shares. Meanwhile, foreign sales totaled around 3.70 billion shares, which generated a net foreign surplus of 622.56 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the greatest share acquisition,...
MDIF JAKARTA. PT Info Media Digital (IMD), a subsidiary of PT Tempo Inti Media Tbk (TMPO), has secured an investment financing facility of IDR 21.18 billion from Media Development Investment Fund (MDIF). The financing was received by IMD in the form of Convertible Performance Debenture (CPD). The bond has a maturity date set to December...
Bank Mestika Dharma Tbk (BBMD) announces the plan of the transfer of 63.02 million treasury shares in Indonesia Stock Exchange (IDX). The management of BBMD mentioned that the entire treasury stock is secured from the buyback held from April 17, 2020, until June 12, 2020. With the average buying price of IDR 1,095 per share,...
JAKARTA. PT Golden Westindo Arta Jaya Tbk (GWAA) announced the postponement of its initial public offering (IPO), which is initially scheduled from September 27 to October 1, 2024. Prior to this, GWAA had conducted the book building on September 10-18, 2024. In this stage, the number of shares offered by GWAA is 685.71 million shares,...
JAKARTA -PT Waskita Beton Precast Tbk (WSBP) has paid its cash flow available for debt services (CFADS) phase IV worth IDR 84.57 billion. This obligation payment follows the provisions of Tranche A and B of homologated peace agreement approved by Central Jakarta District Court on September 20, 2022. Fathur Anwar, Director of Finance, Risk Management,...
JAKARTA – Shareholders of PT Hexindo Adiperkasa Tbk (HEXA)agreed upon the allocation of cash dividend of USD 38.99 million or USD 0.0464 per share during the Annual General Meeting of Shareholders yesterday (24/9). The dividend payment is scheduled on October 25, 2024. In the disclosure quoted Thursday (26/9), Listiana A. Kurniawati, Corporate Secretary of HEXA,...
JAKARTA. PT Cahaya Anagata Energi (CAE), a joint venture (JV) established byPT Pertamina Geothermal Energy Tbk (PGEO)and Chevron New Energies Holdings Indonesia Ltd. (Chevron), is ready to explore Geothermal Work Area of Way Ratai, Lampung. Last Tuesday (24/9), CAE has secured Geothermal License for Way Ratai Geothermal Work Area from the Ministry of Energy and...
Buyung Poetra Sembada Tbk (HOKI), a premium rice manufacturer and distributor debuted on Indonesia Stock Exchange (IDX) in 2017, is now eyeing market opportunity arising from high demand for healthy rice through its Dailymeal products. Budiman Susilo, Director of HOKI, said that Dailymeal is indeed designed to be able to generate healthier quality of life...