Newport Marine Services Tbk (BOAT), a vessel charter service for offshore oil and gas industry, has set the initial public offering (IPO) price to IDR 100 per share. The price was rights at the lower limit of the book building price range set initially by BOAT, from IDR 100 to IDR 120 per share. With...
JAKARTA - PT Mark Dynamics Tbk (MARK) will channel interim dividend of IDR 20 per share, totalling IDR 76 billion, for the fiscal year 2024. In Q3 2024, the profit soared 124.51% year-on-year (yoy). In the information disclosure quoted Tuesday (5/11), Ridwan, President Director of MARK, confirmed that the interim dividend will be paid on...
Modernland Realty Tbk (MDLN), a real estate developer and management company, has signed a loan facility agreement worth USD 60 million amidst the current negative financial performance it is facing. The loan facility is secured by several subsidiaries of MDLN, including PT Mitra Sindo Sukses (MSS), PT Mitra Sindo Makmur (MSM), and PT Bumi Perkasa...
JAKARTA - Modalku Group has obtained a credit facility worth US$ 100 million or equivalent to IDR 1.55 trillion from the HSBC ASEAN Growth Fund. The third credit facility obtained by Modalku from the bank financial institution was signed, Tuesday (5/11). In a press release, Kelvin Teo, Co-founder and Group CEO of Funding Societies Modalku...
JAKARTA. PT Avia Avian Tbk (AVIA), a manufacturer of paint and other building materials, will distribute an interim dividend of IDR 11 per share or a maximum of IDR 672.6 billion. Kurnia Hadi Sinanto, Director of AVIA, conveyed that this plan was in accordance with the decision of the companys board of directors several days...
JAKARTA - On Thursday, October 31, foreign buying volume climbed to 3.90 billion shares. Meanwhile, foreign sales volume was only 3.69 billion shares, resulting in a net foreign volume surplus of 205.16 million. The coal mining company PT Bumi Resources Tbk (BUMI) had the greatest share acquisition, with 200.64 million shares bought and a net...
JAKARTA - PT Trimegah Sekuritas Indonesia Tbks acquisition of 424.80 million shares of PT Energi Mega Persada Tbk (ENRG) prompted market hintson Wednesday, October 30. By this deal, the investor was able to raise its ownership stake in the company that was exploring for and trading oil and gas from 14.41% to 16.12%. Additionally, foreign...
JAKARTA. The Indonesian government will once again hold an auction of 7 series of Government Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk next Tuesday (5/11) with an indicative target of IDR 9 trillion. There were 7 series of SUN offered in the auction, consisting of 2 series of Government Treasury Notes (lit. Surat...
Budi Starch & Sweetener Tbk (BUDI), a flour and sugar manufacturer operating under Sungai Budi Group, will distribute interim dividend of IDR 22.49 billion. Alice Yuliana, Corporate Secretary of BUDI, mentioned that the plan is aligned with the decision made by the board of directors a couple of days ago. “It had been approved by...
JAKARTA – The State Ministry of State-Owned Enterprise (SOE) has appointed Simon Aloysius Mantiri as President Director of PT Pertamina (Persero), replacing Nicke Widyawati. Prior to this, Mantiri used to be the President Commissioner of Pertamina. Vice President Corporate Communication of Pertamina then mentioned that the appointment and termination of President Director and the Board...