JAKARTA – PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary ofPT Delta Dunia Makmur Tbk (DOID), obtains an extension for its mining service contract in Meandu Mine, Queensland, Australia, until 2026. The value of this contract extension reaches AUD 200 million per year, equal to IDR 2.07 trillion, assuming that the rate used is IDR...
JAKARTA. PT Astra Agro Lestari Tbk (AALI), one of subsidiaries of PT Astra International Tbk (ASII), engaged in the plantation industry, will distribute interim dividend worth IDR 161.67 billion or IDR 84 per share. Tingning Sukowignjo, Corporate Secretary of AALI, said that this plan follows the decision of the board of directors. “It had been...
JAKARTA – PT Bank UOB Indonesia is targeting drastic growth in credit distribution rate at the end of 2024, reaching 20% year-on-year (yoy), or far exceeding the projection set by Bank Indonesia (BI) for banking industry. “If we are talking about credit, this year, we saw growth in the second semester is quite optimistic,” said...
JAKARTA - PT Biomassa Lestari Nusantara (BLN), a joint venture between PT Dharma Energi Investama, a subsidiary of PT Dharma Satya Nusantara Tbk (DSNG) and PT Sumitomo Forestry Indonesia, a subsidiary of Sumitomo Forestry Co. Ltd, conducted a trial operation of the first wood pellet factory in Boyolali, Central Java. Andrianto Oetomo, President Director of...
JAKARTA - On Wednesday, September 18, PT Barito Pacific Tbk, the company that owns nearly 20% of the shares of PT Chandra Asri Pacific Tbk (TPIA), released 8 billion shares of this petrochemical processing and manufacturing company. Barito Pacifics share portion fell by nearly half to 10.62% as soon as shares were sold through PT...
MNC Digital Entertainment Tbk (MSIN) has secured approval from Extraordinary General Meeting of Shareholders to initiate a stock split with a ratio of 1:5. During the EGMS held on September 23, 2024, it is said that the decision was made as MSIN’s sustainable effort to boost stock liquidity and accessibility for a wider scope of...
JAKARTA. PT Jaya Konstruksi Manggala Pratama Tbk (JKON), a construction services issuer, announced dividend income of IDR21.16 billion. CF Jopi Sulistio, Corporate Secretary of JKON, said that the dividend income was obtained from PT Jaya Beton Indonesia (JBI). The implementation of the transaction [dividend receipt] does not have a material impact on the companys operational...
JAKARTA - A number of new investors will become shareholders of PT Diagnos Laboratorium Utama Tbk (DGNS) via a rights issue that will be approved by shareholders next week (2/10). Quoted from the brief prospectus, Tuesday (24/9), DGNSs authorized capital is recorded at IDR 100 billion, issued and fully paid capital at IDR 31.25 billion,...
JAKARTA - PT Remala Abadi Tbk (DATA) acquired 85% of PT Fiber Media Indonesia (FMI) shares for IDR 19.97 billion. This acquisition reflects DATAs optimism after achieving an increase in performance in the first semester of 2024. In the disclosure of information quoted on Tuesday (24/9), Richard Kartawijaya, President Director of DATA said that the...
JAKARTA. PT Solusi Kemasan Digital Tbk (PACK), a plastic packaging manufacturer for the snack food to cosmetic industry with the FlexyPack brand, posted a net profit of IDR1.29 billion in the first semester (1H) of 2024. This figure grew 11.2% year-on-year (yoy) or from the same semester last year. In 1H 2023, PACK only posted...