Share sale transactions greater, net foreign volume closed at -591.74 million shares

JAKARTA - On Thursday, October 10, share sales transactions generated a foreign sales volume of 3.53 billion shares. Meanwhile, foreign buying volume was in the range of 2.94 billion shares, and net foreign volume closed at -591.74 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, totalling approximately...

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Recently inaugurated, Freeport Indonesias smelter in KEK Gresik caught in fire

JAKARTA. The sulphuric acid refinery unit, a part of the smelting facility of PT Freeport Indonesia (PTFI) located in Special Economic Zone (lit. Kawasan Ekonomi Khusus/KEK) of Gresik, was reportedly caught in fire yesterday (14/10). Katri Krisnati, VP Corporate Secretary of PTFI, said that there were no casualties reported in the incident, despite the fire...

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Energi Mega Persada takes over all participating rights in Sengkang Block

Energi Mega Persada Tbk (ENRG), Bakrie Group’s oil and gas company, has taken over all participating rights in Sengkang Block. This participating rights acquisition was done by ENRG through EMP Energi Jaya (EEJ), its subsidiary. The participating rights were acquired by EEJ from Energi Equity Holdings Pty Ltd (EEH), Energy World Corporation (EWC), and Ventures...

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Fortune Indonesia to explore new sector outside core business

Fortune Indonesia Tbk (FORU) is currently exploring some new business opportunities outside its long-established core sector, media and printing. Sari Dewi, Corporate Secretary of FORU, mentioned that there are 4 business sectors explored by the company, namely steel manufacturer, mining infrastructure service provider, heavy equipment and machine lease, as well as mining. “The company recognises...

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