JAKARTA. PT Raja Roti Cemerlang Tbk (BRRC), a flour producer for bread production, will hold an Initial Public Offering (IPO). The number of BRRC shares to be offered in the IPO is 291.5 million shares or the equivalent of 30.01% of the total issued and paid-up capital. Each share has a nominal value of IDR...
JAKARTA - On Friday, December 20, the net foreign list began with foreign sell volume totaling 4.10 billion shares. However, the foreign buy volume was only 3.63 billion shares. As a result, net foreign volume dropped to -474.04 million shares. The sale of 1.78 billion shares of the digital corporation PT GoTo Gojek Tokopedia Tbk...
JAKARTA - The Composite Stock Price Index (JCI) in todays trading closed in the green zone, up 0.39% or 6.63 points to 6,983.87. Previously, JCI had closed lower for 6 consecutive days since Thursday (12/12) last week. According to .com data, JCI had touched its highest point at 7,032.4 at around 15.00 WIB. Meanwhile, the...
JAKARTA – The Jakarta Composite Index (JCI) continued its downward trend, dropping by 0.7% or 49.86 points to close at 7,107.88 today, extending the decline that has persisted for the past four trading sessions. At the end of today’s (18/12) session, JCI was at its lowest point since the market opened. In the first session,...
JAKARTA – Despite PT Merdeka Copper Gold Tbk (MDKA) achieving revenue growth of 42.5% year-on-year (yoy) up to September 2024, its losses have widened significantly. According to the financial report released, MDKAs revenue for the first nine months (9M) of 2024 reached USD 1.67 billion, a substantial increase from USD 1.17 billion in the same...
JAKARTA – PT Energi Mega Persada Tbk (ENRG), an oil and gas company owned by the Bakrie Group, plans to conduct a share buyback with a budget of USD 12 million. Assuming ENRG will be using Bank Indonesias mid-rate on December 17, 2024, of IDR 16,019 per USD 1, the total funds prepared by the...
JAKARTA – Bank Indonesia (BI) will increase the portion of the Macroprudential Liquidity Incentive Policy (KLM) assistance to IDR 290 trillion for hundreds of banks starting next year. Juda Agung, BIs Deputy Governor, stated that the KLM distribution next year will focus on sectors that generate the most employment. These sectors include agriculture, trade, housing,...
JAKARTA – PT Hero Global Investment Tbk (HGII), a renewable energy company, will conduct an Initial Public Offering (IPO) by releasing 1.3 billion shares. The shares offered by HGII represent 20% of the company’s issued and fully paid-up capital post-IPO. Each share has a nominal value of IDR 25 and will be offered at a...
JAKARTA - On Tuesday, December 17, foreign investor CGS International Securities Singapore Pte Ltd bought 155 million shares to its holdings inPT Astrindo Nusantara Infrastruktur Tbk (BIPI). This investor previously held about 15.67% ofBIPIs shares; however, this most recent acquisition raised that percentage to nearly16%. Energy infrastructure is the focus ofBIPIshares. Subsequently, Sendra Gunawan acquired...
JAKARTA – PT Daya Intiguna Yasa Tbk (MDIY), the issuer behind the MR. D.I.Y retail brand, is ready to seize the opportunities in the non-grocery retail segment, which remains substantial, after its listing on Indonesia Stock Exchange (IDX) today (19/12). MDIYs management shared that the non-grocery retail segment in Indonesia currently has a Total Addressable...