JAKARTA - After foreign investors purchased 1.68 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO), with a net volume of 330.10 million shares, the companys shares topped the top buy list on Thursday, December 19. At 4.09 billion shares, these acquisitions accounted for about 40% of the overall foreign buy volume. In the meantime,...
JAKARTA – The Jakarta Composite Index (JCI) continued its six-day losing streak on Thursday (19/12), experiencing its steepest drop of 1.84%. At the close of trading on Thursday, the JCI settled at 6,977.24, down by 130.64 points from Wednesday’s (18/12) closing level. Total transaction value on the Indonesia Stock Exchange (BEI) amounted to IDR 14.13...
JAKARTA – The Indonesian Defense University (Unhan RI) has partnered with Wilo, a German company specializing in modern pump technology, to implement advanced pump systems in various sectors, including defense. Ashish Patil, Wilos Operational Manager for Southeast Asia, discussed the fundamental principles of pump systems and their applications across different sectors during a guest lecture...
JAKARTA. PT Raharja Energi Cepu Tbk (RATU), a holding company ofPT Rukun Raharja Tbk (RAJA), plan to debut on Indonesia Stock Exchange (IDX) by offering 543.01 million shares. According to the issued prospectus, 190.05 million shares issued in RATU’s initial public offering (IPO) are new shares taken out of its portfolio. However, the remaining 352.9...
JAKARTA -PT Cakra Buana Resources Energi Tbk (CBRE)will lease a unit of Bulk Carrier Supramax of 57,000 DWT to PT Sys Petrolindo Utama (SPU) with potential revenue of IDR 264.62 billion within the next 5 years. The price for this vessel charter is set to IDR 145 million per day for the next 5 days,...
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...