JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR)is aiming for IDR 4.5 trillion of fresh funds by holding a rights issue, the proceeds of which will be allocated to refinance its subsidiary’s obligation. This corporate action plan will require an approval during Extraordinary General Meeting of Shareholders on October 25, 2024. In the issued prospectus quoted...
JAKARTA – Shareholders of PT Net Visi Media Tbk (NETV) have appointed Manoj Dhamoo Punjabi as President Director, replacing Deddy Hariyanto that resigned last week (11/10). The change in directors and commissioners of NETV takes place following the acquisition of 80.05% of NETV by PT MD Entertainment Tbk (FILM). In the information disclosure quoted Friday...
Jaya Real Property Tbk (JRPT), a property developer, has realised 75% of tis capital expenditure (capex) set for the fiscal year (FY) 2024. Yohannes Hengky Wijaya, Vice President Director of JPRT, mentioned that the company has prepared capex budget of IDR 400-500 billion this year. “As of now, it has been [realised by] 70-75%,” he...
JAKARTA – Stock performance of PT Lovina Beach Brewery Tbk (STRK), a company engaged in consumer goods’ sector, plummeted 50% a year after its debut in the stock exchange on October 10, 2023. Today’s (14/10) opening bell saw STRK idle at IDR 50 per share. Based on IDNFinancials data, STRK was also closed at IDR...
JAKARTA. PasarPolis and Gojek are announcing the latest collaboration in order to extend the reach of insurance services for Indonesian people. The collaboration will involve some of insurance product services issued by PasarPolis, such as SafeTrip, which provides protection for Gojek users. This product will then cover some of Gojek services, including GoSend, GoBox, and...
JAKARTA – Stock price of PT Barito Renewables Energy Tbk (BREN)soared 3.85% to IDR 6,750 per share at 10.13 AM WIB from IDR 6,500 seen at 9 AM WIB today (14/10). This shift was the most prominent amongst five issuers with the highest market capitalisation in the stock exchange. Based on the compiled data, BREN...
JAKARTA – Total users’ funds in People’s Economic Bank (lit. Bank Perekonomian Rakyat/BPR) until the first half (H1) of 2024 reportedly reached IDR 167.1 trillion, up 6.1% year-on-year (yoy) from IDR 157.42 trillion seen in the same period in 2023. In terms of amount, savings under IDR 100 million dominated 98.22% of total accounts in...
JAKARTA. PT Energy Transporter Indonesia (ETI), a subsidiary of PT Transcoal Pacific Tbk (TCPI), has divested one of its barges, ETI 800. Erizal Darwis, Director of TCPI, said that this vessel divestment price is set to IDR 6 billion. The barge is sold to a company unaffiliated with the company. Darwis further mentioned that the...
JAKARTA – Indonesia’s foreign debts from international organisation were reported totalling USD 46.07 billion, equal to 10.84% of total foreign debts of USD 425.05 billion as of August 2024. The largest creditor was revealed to be an international financial institution, International Bank for Reconstruction and Development (IBRD). Based on Bank Indonesia (BI) data quoted Monday...
JAKARTA –Jakarta Stock Price Composite Index (JCI) saw positive trend throughout the session today (14/10). It was closed at 7,559.66, climbing slightly from 7,529.98 reported at the opening bell. Monitoring the board nearing the closing bell, JCI was seen steadily moving in the green zone with relatively small spikes all day. This condition resembles JCI’s...