Adira Dinamika Multifinance Tbk (ADMF), a consumer financing company under PT Bank Danamon Indonesia Tbk (BDMN), plans to issue Shelf-Registration Bond VI Phase IV Year 2024 with total principal of IDR 2 trillion. Said security is a part of a more extensive public offering program of Shelf-Registration Bond VI of ADMF with total fund to...
JAKARTA – Financial Services Authority (OJK) revokes the license of Sharia Unit of PT Asuransi Allianz Life Indonesia (AALI) following the spin-off. The sharia unit will then be transferred to PT Asuransi Allianz Life Syariah Indonesia (AALSI). In the information disclosure quoted Thursday (26/9), Asep Iskandar, Chief of Department of License, Special Inspection, and Quality...
JAKARTA. PT Tandan Sawit Papua (TSP), one of many subsidiaries ofPT Eagle High Plantations Tbk (BWPT), has obtained a loan facility of IDR 382 billion from an affiliate. The loan facility is acquired from PT Jaya Mandiri Sukses (JMS), another subsidiary of BWPT with ownership portion of 95%. In the official statement, the management of...
JAKARTA - On Monday, September 23, stock buying and selling activity generated significantly different foreign purchasing and selling volumes. The foreign buying volume was 4.16 billion shares, while the foreign selling volume was more than double that at 8.60 billion shares. As a result, net foreign volume closed at -4.43 billion shares. The first shares...
JAKARTA - On Friday, September 20, PT Majukarya Mandiri Indonesia once again released its shares in the oil and gas tanker company PT Buana Lintas Lautan Tbk (BULL). This investor previously held 5.66% of the shares, but the latest sale of 83.58 million shares has reduced its share portion to 5.07%. Along with three other...
JAKARTA – The stock performance of two companies, PT Multitrend Indo Tbk (BABY)andPT Anugerah Spareparts Sejahtera Tbk (AEGS), plummeted after a year debuting in the stock exchange since September 2023. Based on the data compiled by IDNFinancials today (25/9), BABY debuted through initial public offering (IPO) on September 7, 2023, issuing 534 million shares for...
Hoffmen Cleanindo Tbk (KING), a professional hygiene service provider, booked revenue of IDR 140.65 billion in the first half (H1) of 2024. Sales growth seen in this period boosted KING’s net profit even higher to IDR 7.65 billion in H1 2024, compared to the same period last year, in which its net profit only reached...
JAKARTA – Bank UOB Indonesia officially hosts UOB Economic Outlook 2025 today (25/9) in Jakarta, titled “Ushering a New Dawn for a Remarkable Indonesia”, discussing chances and opportunities to advance Indonesia’s economy in 2025 under the new presidential term. Hendra Gunawan, President Director of Bank UOB Indonesia, mentioned that Indonesia has solid economic foundation along...
JAKARTA – With growth projection of Indonesia’s economy in 2024 at 5.2%, Bank UOB Indonesia as the renowned regional bank, is ready to facilitate foreign direct investment (FDI) inflow to Indonesia whilst boosting export volume and portion in GDP. According to Hendra Gunawan, President Director of Bank UOB Indonesia, during his opening speech at UOB...
JAKARTA -PT Venteny Fortuna International Tbk (VTNY) has acquired a credit facility worth IDR 275 billion from PT Bank Mayapada Internasional Tbk (MAYA) as of yesterday (24/9). Zasa Pinkan Kinanti, Corporate Secretary of VTNY, mentioned that the credit facility will be used as working capital and consumption capital for the company and its subsidiary, PT...