JAKARTA - On Friday (11/10), share purchasing and selling operations made similar results, with the foreign buying volume of 2.31 billion shares and the foreign selling volume of 2.27 billion shares. As a result, net foreign volume ended at 41.01 million shares. On the top buy list, foreign investors began by purchasing 144.13 million shares...
JAKARTA. PT Oki Pulp & Paper Mills (OPPM), a pulp & paper manufacturer of Sinarmas Group, will issue Shelf-Registration Bond Phase IV Year 2024 of IDR 2.25 trillion and Shelf-Registration USD Bond I Phase VI Year 2024 of USD 7.95 million. The upcoming IDR bond by OPPM will be offered in 3 series, with coupons...
Astra International Tbk (ASII) booked car sales of 357,802 units until the end of September (9M) 2024, dropped 15.09% year-on-year (yoy) from the same period last year. This decline was also seen in car sales of ASII in September 2024, which only reached 40,096 units and contrasting with August 2024’s number that reached 42,195 units....
JAKARTA. Total incoming bids recorded for Government Securities (lit. Surat Utang Negara/SUN) in the auction on Tuesday (15/10) reportedly reached IDR 44.27 trillion, as stated by Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of SUN auctioned off by the Indonesian government, consisting of 2 series...
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...
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...