JAKARTA – Following the completion of the purchase of the shares of PT Impack Pratama Tbk (IMPC) through PT Verdhana Sekuritas Indonesia,Harimas Tunggal Perkasas share percentage grew to 19.73% on Thursday, January 9. The investor now owns 10.70 billion shares in this manufacturer of plastic building materials after acquiring an additional 468.75 million shares. This...
JAKARTA - PT Kian Santang Muliatama Tbk (RGAS) realised almost all of its Initial Public Offering (IPO) proceeds of IDR 35.18 billion. The company listed on the capital market on November 8, 2023 with net proceeds of IDR 35.19 billion. Quoted on Monday (13/1), Sutarno, Director of RGAS, said that the remaining IDR 10.8 million...
JAKARTA – PT Brigit Biofarmaka Teknologi Tbk (OBAT) has announced its plans for continuous growth, aiming for a 20% increase this year or even higher. According to an official statement received by IDNFinancials on Monday (13/1), OBAT recorded total sales exceeding IDR 100 billion by the end of 2024, with a net profit reaching IDR...
JAKARTA – PT Kawasan Industri Jababeka Tbk (KIJA) recorded a net foreign buy of 52.61 million shares at the close of Mondays trading (13/1), positioning the company at the top of the net foreign buy leaderboard on the stock exchange. According to data compiled by IDN Financials, KIJA registered foreign buys and foreign sells of...
JAKARTA – Foreign investors sold 2.99 billion shares of stock on Monday, January 9, which was a decrease from the previous stock exchange day. Approximately 2.88 billion shares were purchased.With 194.12 million shares, PT Goto Gojek Tokopedia Tbk (GOTO) once again emerged as the stock with the highest net sell. Only about 925.74 million GOTO...
JAKARTA - The Composite Stock Price Index (JCI) fell 1.02% or 71.99 points to 7,016.88 on Monday (13/1) trading. The index touched its highest position at 7,089.57 and lowest at 6,986.59. In last weekends trading, the index closed at 7,088.87. The three stocks that weighed the most on JCI performance were PT Bank Rakyat Indonesia...
JAKARTA –PT Platinum Wahab Nusantara Tbk (TGUK), the owner of beverages brand Teguk, had closed down over 100 of its outlets in 2024. The company now only retains 35 stores. The management of TGUK mentioned that the close-down of stores resulted from inconducive market condition, especially for middle-low-income households. “People’s purchasing power are extremely scarce,...
JAKARTA – The Bayan Group carried out mining exploration activities in three areas with a total expenditure of USD 2.49 million in the fourth quarter of 2024. In a disclosure on Friday (10/1), Jenny Quantero, Director of PT Bayan Resources Tbk (BYAN), stated that the mining exploration activities were conducted by third parties in three...
JAKARTA – The increasing number of fraud cases in the financial services sector has prompted the Financial Services Authority (OJK) to introduce a new regulation through POJK Number 28 of 2024. The regulation addresses the management of conduct records through the Sistem Informasi Pelaku (SIPELAKU), a system that tracks the conduct of individuals in the...
JAKARTA – PT Masmindo Dwi Area (MDA), a subsidiary of PT Indika Energy Tbk (INDY), has appointed Macmahon Holding Limited as the mining contractor for its gold mining project. The mine, located in Awak Mas, South Sulawesi, will be developed under a contract valued at AUD 463 million, according to Adi Pramono, Corporate Secretary of...