JAKARTA -PT Pertamina Geothermal Tbk (PGEO)and PT Pembangunan Aceh (Pema) are targeting the geothermal drilling in Work Area of Seulawah Agam, Aceh Besar, to kick off in 2025. The project is currently under land acquisition process. Edwin Suzandi, Director of Exploration and Development of PGEO, reaffirmed the commitment to the accomplishment of Seulawah Agam project....
JAKARTA - Boy Thohir made a further investment of 373.75 million shares inPT Provident Investasi Bersama Tbk (PALM)on Monday, December 16. The investor’s share portion grew from 17.5% to nearly 20%. He purchased the shares in the agricultural food product business and the main consumer goods investment company throughPT Trimegah Sekuritas Indonesia Tbk. Additionally,PT Sarimelati...
JAKARTA - The trading volume of PT Goto Gojek Tokopedia Tbk (GOTO) shares reached 980 million shares before the closing of transactions on Wednesday afternoon (18/12). This was followed by the strengthening of this issuers share price in the inaugural session. Based on the data compiled by IDN Financials, it shows that GOTO share trading...
JAKARTA - Bayan Resources Tbk (BYAN) succeeded in obtaining a loan facility worth US$ 125 million from PT Bank Mega Tbk (MEGA). The loan agreement was signed on December 13, 2024. This loan takes the form of a demand loan credit facility with a sublimit for a bank guarantee or standby letter of credit worth...
JAKARTA -PT Bukit Asam Tbk (PTBA) is preparing the pilot project to transform low-calorie coals into humic acid after launching a humic acid prototype at IUP Peranap, Riau, last week (12/12). Arsal Ismail, President Director of PTBA, said that the research and development for the transformation of coal to humic acid is in line with...
JAKARTA - Bank Indonesia (BI) maintains BI-rate at 6%, deposit facility rate at 5.25%, and lending facility at 6.75%. The decision was recently made following BI Board of Governor Meeting held for two days, December 17 to 18. Quoted in a press release issued today (18/12), Perry Warijyo, Governor of BI, said that the focus...
JAKARTA - Barokah Melayu Food Pte Ltd (BMF) will boost its portion to 50.10% inPT Champ Resto Indonesia Tbk (ENAK) from 42.46% through a voluntary tender starting from Thursday (19/12) until January 17, 2025. In the short prospectus quoted Wednesday (18/12), BMF will increase the portion by 7.63%, or 165.50 million shares, from ENAK with...
JAKARTA -PT Astrindo Nusantara Infrastruktur Tbk (BIPI) recorded net foreign of 129.48 million shares until today’s (18/12) closing. The record places BIPI at the top of net foreign leaderboard for two consecutive days in Indonesia Stock Exchange (IDX). Based on IDNFinancials data, BIPI booked foreign buy and foreign sell of 132.78 million and 3.30 million...
JAKARTA - On Wednesday, December 18, foreign transactions displayed a decreasing trend, with 2.13 billion shares bought and 2.90 billion shares sold. As a result, net foreign volume closed at -387.64 million shares. Aside from that, the sell value being higher than the purchase value means that the net foreign value was closed in a...
JAKARTA - PT Petrosea Tbk’s (PTRO) price was corrected this morning after securing approval from shareholders regarding stock split plan with 1:10 ratio yesterday (16/12). Tuesday morning (17/12), PTRO opened at IDR 25,725 per share, before slipping to IDR 25,625 per share at 11 AM WIB. Based on data compiled by IDNFinancials, PTRO had been...