JAKARTA -PT MNC Digital Entertainment Tbk (MSIN)steps in as the new shareholder ofPT Tripar Multivision Tbk (RAAM)via private placement of 619.42 million shares, bought for IDR 500 each. The transaction is recorded totalling IDR 309.71 billion. In the information disclosure quoted Friday (13/9), Whora Anita Raghunath, President Director of RAAM, said that after this private...
JAKARTA. PT Waskita Toll Road (WTR), a subsidiary ofPT Waskita Karya (Persero) Tbk (WSKT), has channelled a loan facility worth IDR 270 billion to PT Cimanggis Cibitung Tollways (CCT). The loan is a non-revolving loan, and will be allocated gradually, according to the shareholder loan facility agreement dated September 10, 2024. For the record, WTR...
JAKARTA -PT Aneka Tambang Tbk (ANTM) partners with two regional state-owned enterprises (SOEs) to establish joint ventures designed to work on nickel mining development in Pongkeru Block, East Luwu, South Sulawesi. In the press release quoted Tuesday (17/9), Nico Kanter, President Director of ANTM, mentioned that the joint venture is meant to optimise nickel potential...
Solusi Sinergi Digital Tbk (WIFI), through its subsidiary, PT Integrasi Jaringan Ekosistem (Weave), has signed a partnership agreement with 50 internet service providers (ISPs) to provide internet infrastructure for 25 million household internet users. Yune Marketatmo, CEO of WIFI, mentioned that this strategic partnership is a part of the company’s commitment in reinforcing digital ecosystem...
JAKARTA – Jakarta Stock Price Composite Index (JCI) fluctuated at over 7,820 since the opening bell today (17/9) until 11 AM WIB. Arriving at over 7,800, JCI broke its highest record, after lounging around 7,200-7,500 for a while. Monitoring the index this morning, the index reached 7,824.41 at 11.15 AM WIB, slipping from 7,835.84 at...
JAKARTA – Indonesia’s trade surplus in August 2024 of USD 2.89 billion dropped 6.96% year-on-year (yoy) from USD 3.11 billion seen in August 2023. The same trend was spotted in trade surplus from January-August (8M) 2024 compared to 8M 2023. Based on Indonesia Statistics (BPS) data quoted Tuesday (17/9), non-oil and gas commodities in August...
JAKARTA. The authority of Indonesia Stock Exchange (IDX) has suspended the transaction of PT Multipolar Technology Tbk (MLPT)after showing an unusual rapid price surge. In the official statement dated September 13, 2024, IDX announced that suspension of MLPT took effect since today’s (17/9) first session. The suspension will remain effective until further announcement from the...
JAKARTA -PT Sinergi Multi Lestarindo Tbk (SMLE) has secured a facility of IDR 43 billion in order to boost its capital expenditure (capex). Arry Wahyu Riansyah, Corporate Secretary of SMIL, confirmed that the company has signed an amendment and restatement of credit agreement directly from BTPN last week (12/9). The credit facilities consist of Overdraft...
Metrodata Electronics Tbk (MTDL)has budgeted capital expenditure of IDR 120 billion for the expansion of logistics centre in Cibitung, Bekasi. Susanto Djaja, President Director of MTDL, said that as of now, utilisation level of the warehouse has nearly reached its maximum capacity. “As of now, utilisation rate of MTDL’s warehouse has reached 90% of its...
JAKARTA. Total incoming bids recorded for Government Securities (lit. Surat Utang Negara/SUN) in the auction today (17/9) reportedly reached IDR 63.7 trillion, as stated by Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of SUN auctioned off by the Indonesian government, consisting of 2 series of...