JAKARTA -PT Bank Negara Indonesia (Persero) Tbk (BBNI) had reportedly concluded a buyback of 40.51 million shares yesterday (15/9). This corporate action first began on March 16, 2023, following shareholders’ approval on March 15, 2023. Okki Rushartomo, Corporate Secretary of BBNI, mentioned that the entire shares gained from the buyback will be utilised for management...
JAKARTA - Alibaba Group is providing Alibaba Cloud services to advance digital innovation of PT Goto Gojek Tokopedia Tbk (GOTO)for the next five years. The Memorandum of Understanding (MoU) between Alibaba and GOTO was signed last week (13/9). Selina Yuan, Vice President of Alibaba Group and President International Business of Alibaba Cloud Intelligence, said that...
JAKARTA - Two key investors in PT Sumber Energi Andalan Tbk (ITMA), an issuer providing consulting services to the mining and energy industries, continue to trade the companys shares. Foreign investor Zurich Assets International Ltd decided to sell 17.25 million shares of ITMA on Monday, September 9, reducing its ownership to 5.57%. On the other...
JAKARTA - PT Dima Investindo (DI) will acquire 55% ofPT Kurniamitra Duta Sentosa Tbk (KMDS)owned by PT Miki Ojisan Indomitra (MOI). DI is not directly or indirectly affiliated with KMDS. In the information disclosure quoted Friday (13/9), Hengky Wijaya, President Director of KMDS, mentioned that the shares of MOI to be acquired reach 440 million...
JAKARTA. Nippon Shokubai Indonesia, a petrochemical company that has been investing in Indonesia since 1996, is preparing IDR 1.69 trillion for factory expansion in Cilegon. This news is disclosed by Rosan Roeslani, Minister of Investment/Head of Indonesia Investment Coordinating Board. In the release issued yesterday (12/9), Roeslani said that the fund will be allocated to...
JAKARTA -PT Gunawan Dianjaya Steel Tbk (GDST) is optimistic of being able to score sales of IDR 2.5 trillion at the end of 2024, relatively stable compared to 2023 sales. In order to attain this target, the company will maintain export sales in Southeast Asia market. In the minutes of public expose quoted Friday (13/9),...
JAKARTA - On Wednesday, September 11, foreign investors sold a total of 2.72 billion shares. The foreign buying volume was just about 2.34 billion shares, therefore net foreign volume closed at -386.84 million shares. PT Buana Lintas Lautan Tbk (BULL), a domestic and foreign shipping services company, ranked first in terms of purchase volume with...
JAKARTA - On Wednesday, September 11, the selling of over 14.03 million shares of PT Panca Global Kapital Tbk (PEGE) by PT Anugerah Inti Karisma set the tone for the market hints. After this most recent transaction, the investors share portion of the issuers shares—which are in the securities trading intermediary sector—was reduced to 15.84%...
Putra Mandiri Jembar Tbk (PMJS), through its subsidiary, PT Dipo Internasional Pahala Otomotif (DIPO), has established a new subsidiary called PT Mitdi Teja Otomotif (MTO). Ie Putra, President Director of PMJS, said that several business lines to be handled by MTO is retail wholesale, as well as car and motorcycle reparation and maintenance. For MTO...
JAKARTA -PT Kedawung Setia Industrial Tbk (KDSI) is preparing to have a stock split with a ratio of 1:4, meaning that one old share will be divided into 4 shares with new value. Andi Subroto, Corporate Secretary of KDSI, said that this corporate action is meant to increase the number of circulating shares in the...