JAKARTA – PT XL Axiata Tbk (EXCL) shifted positively this morning (4/12) amid the news of Dian Siswarini’s resignation as President Director of EXCL circulating since yesterday (3/12). Investors seem to not mind Siswarini’s decision to leave EXCL. Based on IDNFinancials data, EXCL reported fluctuations from the opening bell to 12 PM WIB today (4/12),...
JAKARTA – Indonesia Stock Exchange (IDX) authorities temporarily suspends transactions of 4 issuers as they have failed to meet the minimum free float requirement of 7.5% of its shares. Based on IDNFinancials data today (4/12), the four suspended issuers arePT Lippo General Insurance Tbk (LPGI),PT Panasia Indo Resources Tbk (HDTX),PT Metro Realty Tbk (MTSM), andPT...
JAKARTA -PT Fast Food Indonesia Tbk (FAST), the management of fast food chain KFC, is seeking loan to its majority shareholders to anticipate capital deficiency during the expansion of KFC and Taco Bell outlets. As of Q3 2024, its cash and cash equivalent was reportedly lower than the cash in December 2023. According to the...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI is determined and ready to provide financial solutions for workers in the country. A testament of its seriousness is its cooperation in providing post-employment compensation fund program services or pension funds for employees of PT Bumi Siak Pusako (BSP), a Regional-Owned Enterprise (BUMD) Pekanbaru engaged...
JAKARTA -PT Medco Energi Internasional Tbk (MEDC) will offer Shelf-Registration Bond V Phase III Year 2025 worth IDR 2.5 trillion from December 27, 2024, to January 2, 2025. The proceeds will be allocated for refinancing the bond maturing in 2025. As said in the prospectus quoted today (4/12), the bond will be offered in two...
JAKARTA -PT Dayamitra Telekomunikasi Tbk (MTEL)expands its fibre optic portfolio by acquiring PT Ultra Mandiri Telekomunikasi (UMT), a subsidiary of PT PP Infrastruktur (PPI), for IDR 650 billion. Theodorus Ardi Hartoko, President Director of MTEL, claimed that UMT acquisition has a strategic value in reinforcing business ecosystem and maintaining market share. “The consistency in consolidating...
JAKARTA - On Tuesday, December 4, foreign investors purchased 2.10 billion shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of 319.86 million. This transaction contributed to the net foreign surplus of 572.64 million shares with the foreign buy volume at 4.37 billion shares, while the foreign sell volume at...
JAKARTA. The Composite Stock Price Index (IHSG) in trading on Wednesday (4/12) this week rose again by 1.82% or 130.75 points to the level of 7,326.76 per share. This is an upward rally that has lasted for 3 trading days since the beginning of this week. On Wednesday, the JCI was at its lowest point...
JAKARTA. Some of mining companies toppled Jakarta Stock Price Composite Index’s (IHSG) growth last week, only arriving at 7,114.26 or slipping 1.13% or 81.29 points lower from the week prior. Boy Thohir’s company, PT Alamtri Resources Indonesia Tbk (ADRO),sat at the tip of Top Laggards of IHSG last week, reporting significant decline of up to...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk (BNI) continues to demonstrate its commitment to supporting financial inclusion and encouraging a sustainable economy. In its strategic steps, BNI has collaborated with the Indonesian Disabled People Association (PPDI) through a special coaching and mentoring program for people with disabilities to become Agen46 partners. This strategic step...