Sigma Energi Compressindo Tbk (SICO), an oil and gas service company established circa 2007, is planning an interim dividend distribution of IDR 3 per share or IDR 2.73 billion in total. Vita Diani Satiadhi, Director of SICO, said that this plan aligns with the decision made by the board of directors a couple of days...
JAKARTA - PT Mahakam Coal Terminal (MCT), a subsidiary of PT Ancara Logistic Indonesia Tbk (ALII), will pay off the remaining obligations earlier than the due date (voluntary prepayment) of US$20.82 billion. MCTs creditors are OCP Asia Fund IV (SF 1) Pte Limited and OCP Asia Fund V (SF 1) Pte Limited. Quoted from the...
JAKARTA - PT Megakreasi Cikarang Permai (MKCP), a subsidiary of PT Lippo Cikarang Tbk (LPCK), converted Mahkota Sentosa Utama I 2019 Long-Term Debt Securities (SUJP) into 3.07 billion shares in PT Mahkota Sentosa Utama (MSU). This transaction is affiliated due to the similarity of LPCKs indirect share owners in MSU. Steffi Grace Darmawan, Corporate Secretary...
JAKARTA. The Indonesian government will hold another auction of Government Sharia Securities (SBSN) or government sukuk on Tuesday (8/10) next week, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction, according to the official statement from the Directorate General of Financing and...
JAKARTA - Nicke Widyawati, President Director of PT Pertamina (Persero) was named in Fortunes 100 Most Powerful Women. Her figure is in 47th place out of 100 influential women according to the multi-platform media company. In a press release quoted on Thursday (3/10), the Institutes appreciation for a number of influential women was delivered in...
JAKARTA. PT Karyaputra Suryagemilang (KS), a subsidiary of PT Anabatic Technologies Tbk (ATIC), has purchased 3.04% or equivalent to 76 shares of PT Payrol Prima Indonesia. In connection with the share purchase, KS has signed a Sale and Purchase Agreement (PPJB) for Payrol Prima shares with a number of sellers. All Payrol Prima shares purchased...
JAKARTA – Fortune recently crowned 100 most powerful women of 2024 from various business sectors across the globe. In the list, 8 out of the top 10 women came from United States (US) region. In the press release quoted Thursday (3/10), Anastasia Nyrkovskaya, CEO of Fortune, said that the women executives included in the list...
JAKARTA – Financial Services Authority (OJK) is currently investigating two Barito Group companies, PT Barito Renewables Energy Tbk (BREN)andPT Petrindo Jaya Kreasi Tbk (CUAN), regarding false trading allegation in the stock market. This announcement is issued by Inarno Djajadi, Chief Executive of Capital Market, Financial Derivative, and Carbon Exchange Supervision of OJK, through a press...
JAKARTA -PT Bank Negara Indonesia (Persero) Tbk (BBNI) will launch BNI Direct, a digital platform designed to improve services for corporate users. Royke Tumilaar, President Director of BBNI, announced this during CNBC Indonesia broadcast in Money Talks program, yesterday (2/10). It is mentioned that this digital platform will be integrated in various services for corporate...
JAKARTA - On Monday, September 30, Low Tuck Kwong, the founder and president of PT Bayan Resources Tbk (BYAN), acquiredover 1.5 billion shares from the coal mining issuer. His share portion of BYANhas increased to 40.16% from his previous 35% control. He utilized PT Maybank Sekuritas Indonesia and BUT Deutsche Bank AG to complete this...