AKR Corporindo Tbk (AKRA) has channelled extra capital of IDR 18 billion to PT Anugerah Krida Retailindo (Akrida), a subsidiary engaged in the trading and distribution line. This extra capital boosts Akrida’s issued and paid-up capital to IDR 967.16 billion from the previous record of IDR 949.16 billion. “The increase of issued and paid-up capital...
JAKARTA - Bank Indonesia (BI), the administrator of Jakarta Interbank Offered Rate (JIBOR), will permanently terminate all publications of JIBOR starting January 1, 2026. Erwin Haryono, Assistant Governor of Department of Communications of BI, mentioned that the announcement of JIBOR termination date could hopefully shed a light for market players, driving them to utilise the...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR) secured net profit in H1 2024 of IDR 1.60 trillion, up 9.40% year-on-year (yoy) from IDR 1.46 trillion seen in the same period last year. This increase was driven by revenue growth. Based on Financial Report of H1 2024 quoted today (30/9), TOWR has reportedly collected revenue of...
JAKARTA - PT Dima Investindo (DI) reportedly completed the acquisition of 55% of PT Miki Ojisan Indomitra (MOI) placed inPT Kurniamitra Duta Sentosa Tbk (KMDS) for IDR 184.8 billion last week (26/9). In the information disclosure quoted Monday (30/9), Hengky Wijaya, President Director of KMDS, said that the acquisition of 55% of the shares will...
JAKARTA – Jakarta Stock Price Composite Indes (JCI) was corrected to 7,590 until the morning session was closed at 12 PM WIB today (30/9). The index shift brought it lower than the opening position recorded at 9 AM WIB. Monitoring the index today, JCI was seen weakening since the starting line until the closing of...
JAKARTA – Shareholders of PT BPD Jawa Timur Tbk (BJTM)agreed upon extra capital investment channelled toPT BPD Banten Tbk (BEKS)worth IDR 10 billion. The decision was made official during Extraordinary General Meeting of Shareholders last week (26/9). Wioga Adhiarma Aji, Corporate Secretary of BJTM, confirmed that the meeting gave approval regarding the corporate action plan...
M Cash Integrasi Tbk (MCAS) is planning a shares buyback of 30.2 million shares at most, or equal to 3.48% of its issued and paid-up capital. The management of MCAS confirmed that the company had gained approval from shareholders in a meeting held on September 27, 2024. In said meeting, the budget allocated for this...
JAKARTA -PT Global Sukses Solusi Tbk (RUNS) has transferred treasury stock gained from buyback as bonus shares to the boards of directors, commissioners, and employees, as well. Dwie Kristianto, Director of RUNS, confirmed that the company had transferred 1.78 million shares gained from buyback, or equal to 40% of total treasury stock. “The company had...
JAKARTA. The Indonesian government will once again hold another auction of Government Securities (lit. Surat Utang Negara/SUN) yesterday (1/10), with an indicative target of IDR 22 trillion. Said auction is intended to meet some of the financing target set in the 2024 State Budget, as stated by the Directorate-General of Budget Financing and Risk Management...
Bank Pan Indonesia Tbk (PNBN) modifies the schedule of the issuance of Shelf-Registration Bond IV Phase II Year 2024 with total principal worth IDR 3.91 trllion. Initially, it was announced that the public offering of the bond would take place from September 25 to October 1, 2024. However, last Friday (27/9), PNBN changed the date,...