JAKARTA - PT Habco Trans Maritima Tbk (HATM) collaborates with Seacon Ships Management Group (HK) Limited (Seacon) to form a joint venture company based in Singapore. Andrew Kam, President Director of HATM said that the joint venture was formed to focus on ship management services. Strengthening international cooperation to develop services and improve the quality...
JAKARTA - PT Bank DBS Indonesia has officially launched its investment account (Rekening Dana Nasabah/RDN) service, pairing up with PT Mirae Asset Sekuritas Indonesia (Mirae Asset) as its security company partner to facilitate easier and swift investment through MStock by Mirae Asset or digibank by Bank DBS Indonesia. The investment account will be equipped with...
JAKARTA – Jakarta Composite Stock Price Index (JCI) remained solid at the green zone while closing the first and entering the second session today (24/9) at 2.15 PM WIB. At the beginning, JCI was actually seen lower compared to afternoon session. Monitoring the board, JCI was at 7,778.91 while starting the second session today. It...
JAKARTA. The amount of incoming bids recorded in the auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk today (24/9), as revealed by the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of sukuk offered in today’s auction, consisting of 2 series...
JAKARTA - PT Pertiwi Nusantara Raya (PNR), a subsidiary ofPT United Tractors Tbk (UNTR), has wrapped up the acquisition of PT Lestarikan Bumi Papua (LBP) from two of its affiliated shareholders for IDR 67.5 billion. Sara K. Loebis, Corporate Secretary of UNTR, said that all preliminary prerequisites of this conditional shares sale and purchase agreement...
JAKARTA. PT Lippo Cikarang Tbk (LPCK), a real estate developer and manager owned by the Lippo Group, recorded a net profit of IDR 66 billion in the first semester (1H) of 2024. The acquisition decreased by 9.5% year-on-year (yoy) or compared to the same period last year. According to the financial report, LPCKs net profit...
JAKARTA. PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), will soon begin the battery production phase for electric vehicle needs. William Ong, President Director of LABA, said that GPB has currently obtained the first qualification to produce electric motor vehicle battery packs. The licensing and overall production qualification are...
JAKARTA. PT Adhi Kartiko Pratama Tbk (NICE), a nickel mining issuer listed on the Indonesia Stock Exchange (IDX) early this year, only posted a net profit of IDR2.33 billion in the first quarter (Q1) of 2024. This achievement is 90.3% lower than the same quarter last year, where NICE was able to post a net...
JAKARTA. The management of PT PP (Persero) Tbk (PTPP) has prepared funds amounting to IDR250 billion to pay off PTPPs Shelf Registration Bonds I Phase I Year 2019 Series B which will mature on November 27, 2024. PTPP Finance Director Agus Purbianto said the IDR250 billion will be paid through KSEI on November 26, 2024....
JAKARTA. PT Barito Renewables Energy Tbk. (BREN) has currently complied with the free float regulation of 11.66% of the total shares or 15.6 billion shares. This amount is higher than the stock exchanges provisions which stipulate a minimum of 7.5% of the total shares. BREN Director & Corporate Secretary Merly in an information disclosure on...