JAKARTA - PT Hotel Candi Baru purchased an additional 5.25 billion shares ofPT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO)on Tuesday, December 10. With a share portion of 59.5%, the investors total shares in this top herbal medicine manufacturer issuer also rose to 17.85 billion. PT Mandiri Sekuritas was employed to execute thepurchase. Still...
JAKARTA -Sight Investment Company Pte Limited, a foreign investor, increased its holdings ofPT Siloam International Hospitals Tbk (SILO)by 1.04 billion shares on Wednesday, December 11. With this most recent acquisition, the investors ownership inSILOshares has increased to 63.44% from its previous 55.4%.SILOshares are engaged ina private hospital network in Indonesia that provides health services. Additionally,...
JAKARTA - Garibaldi Thohir is known to have increased his stake by 2.12% to 17.48% in PT Provident Investasi Bersama Tbk (PALM) in a transaction last week (12/12). Since that transaction, the issuers share price has corrected IDR 2 from IDR 362 to IDR 360 per share at the start of the session Monday (16/12)....
JAKARTA - PT Golden Flower Tbk (POLU) shares rose 25%, occupying the top gainers position at the close of the first stock trading session, Monday (16/12). The upward trend in the performance of this issuers shares started last week (12/12). In the afternoon monitoring, this issuers shares rose IDR 370 to IDR 1,855 per share...
JAKARTA. The Indonesian Stock Exchange (BEI) determined Unusual Market Activity (UMA) status for the shares of 3 issuers because their price movements were considered unusual. Yulianto Aji Sadono, Head of the IDX Transaction Supervision Division, said that the three issuer shares included in the UMA are PT Satria Antaran Prima Tbk (SAPX), PT Sunson Textile...
XL Axiata Tbk (EXCL)andPT Smartfren Telecom Tbk (FREN)give an escape for minority shareholders disapproving of the merger through buyback option. In the official statement, EXCL and FREN are said to only offer buyback of up to 10% of their shares outstanding each pre-merger. Total allocated budget for this buyback is IDR 3.09 trillion. The exercise...
JAKARTA. Seeing the opportunities, foreign investors reportedly acquired millions shares of PT XL Axiata Tbk (EXCL) when its price was at downtrend yesterday (11/12). According to IDNFinancials data, EXCL’s price was corrected 2.18% or 50 index points to IDR 2,240 per share at yesterday’s closing. At the opening bell, its price arrived at IDR 2,290...
JAKARTA -PT Buana Lintas Laut Tbk (BULL) is optimistic about its net profit margin increasing following higher vessel charter tariff applied in the fourth quarter of 2024. This positive projection aligns with BULL’s bullish stock performance throughout the year. Wong Kevin, Director of BULL, mentioned that net profit margin was slightly weakened in September 2025...
JAKARTA -PT Murni Sadar Tbk (MTMH), the managing company of Murni Teguh Hospitals, secured a working capital credit worth a total of IDR 50 billion from PT Bank Mandiri (Persero) Tbk (BMRI). The credit will be allocated to pay claims to Healthcare and Social Security Agency (BPJS Kesehatan). Armen Chandra, Corporate Secretary of MTMH, mentioned...
JAKARTA -PT Multistrada Arah Sarana Tbk (MASA) has decided to set buyback price to a fantastic price level at IDR 8,400 per share following its go-private plan. Said number is 95.5% higher from the highest average price of MASA’s shares within 12 months prior to its suspension in July 2024. In the short prospectus quoted...