JAKARTA – PT Indofood CBP Sukses Makmur Tbk (ICBP), the producer of Indomie, has clarified the decision by Australia to withdraw four Indomie products from the market in that country. Gideon A. Putro, Corporate Secretary of Indofood CBP, stated that the production process of Indofoods instant noodles complies with regulations from Indonesias National Agency of...
JAKARTA - On Wednesday, December 18, individual investor Hardi Wijaya Liong made the decision to purchase 837.58 million shares ofPT Provident Investasi Bersama Tbk. He became a new investor right away, holding 5.31% of the shares. Additionally, Winato Kartono, anotherPALMinvestor, purchased 252.71 million shares, increasing his ownership from 6.16% to 7.77%. The issuer is an...
JAKARTA – PT Hasnur Internasional Shipping Tbk (HAIS) is targeting a 5% increase in revenue and a 4% increase in net profit for 2025, fueled by the addition of new vessels to meet growing customer demand. Rengga Tumenggung, Corporate Secretary of HAIS, stated that the rise in revenue and profit will be supported by an...
JAKARTA – PT BPD Jawa Barat dan Banten Tbk (BJBR) has injected IDR 221.40 billion in capital into BPD Jambi as part of the development of its Bank Business Group (Kelompok Usaha Bank/KUB). Quoted on Friday (20/12), Nancy Adistyasari, BJBR’s Director of Commercial and SMEs, stated that the capital injection will have a positive impact...
JAKARTA - PT Sinar Mas Multiartha Tbk (SMMA) will issue Shelf Registration Bonds III Phase II 2025 worth IDR 800 billion on January 10-14, 2025. The majority of the proceeds from the issuance of these debt securities will be used to repay the bonds and the remainder as working capital. In the short prospectus quoted...
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...