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. The Indonesian government once again will hold an auction of State Sharia Securities (SBSN) or State Sukuk on Tuesday (24/9) next week, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction, according to an official statement from the Directorate General 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...
JAKARTA. The share price of PT Barito Renewables Energy Tbk (BREN) fell 19.95% to IDR8,825 per share at the start of trading today. The plunge in BRENs share price followed news of the removal of BREN shares from the FTSE Russel index. For the record, FTSE Russel is an index on the London Stock Exchange...
JAKARTA - Shareholders of PT Goto Gojek Tokopedia Tbk (GOTO) have appointed William Xiong as Chief Technology Officer (CTO). Williams presence at GOTO strengthens Alibaba Groups commitment to investing in this largest marketplace company. Patrick Walujo, Chief Executive Officer (CEO) of GOTO expressed his appreciation for Williams joining as GOTOs CTO. We welcome William as...
JAKARTA - PT Harimas Tunggal Perkasa purchased up to 3.1 billion shares of PT Impack Pratama Industri Tbk (IMPC) on Thursday, September 12. With the addition of shares through PT Ciptadana Sekuritas Asia, this investors share control increased to 18.86% from its previous holdings of approximately 7.13 billion shares, or 13.15% of the stakes. Impack...
JAKARTA - On Friday, September 13, foreign investors shares sale activities resulted in a foreign selling volume of up to 3 billion shares. Meanwhile, the foreign buying volume was at 2.95 billion shares. As a result, net foreign volume was just slightly different, closing at -45.60 million shares. On the top buy list, the largest...
JAKARTA -PT Petrindo Jaya Kreasi Tbk (CUAN) has obtained a term loan facility worth IDR 700 billion from PT Bank Mandiri (Persero) Tbk (BMRI). As of June 2024, the issuer reported outstanding long-term bank loan of USD 26.3 million. In the information disclosure quoted Wednesday (18/9), Robertus Maylando Siahaya, Corporate Secretary of CUAN, confirmed that...
JAKARTA - On Friday, September 13, PT Siloam International Hospitals Tbk (SILO) saw the purchase of over 5.85 billion shares by foreign investor Sight Investment Company Pte Limited, for a total of 7.20 billion shares recorded. Along with thispurchase through PT BNI Sekuritas, theforeign investors ownership increased dramatically from 10.4% to 55.4%. By default, Sight...
JAKARTA - Star Energy Geothermal (SEG), a subsidiary ofPT Barito Renewables Energy Tbk (BREN), will channel investment worth USD 346 million in order to boost energy capacity in several geothermal plants. In the press release quoted Thursday (19/9), Hendra Tan, Chief Executive Officer (CEO) of BREN, said that the SEG capacity increase will be done...