JAKARTA. PT Jasa Marga (Persero) Tbk (JSMR) has divested its shares in PT Jasamarga Transjawa Tol (JTT) to 3 new investors for deleveraging purposes. The number of JTTs shares divested by JSMR is 6.2 billion or equal to 30.18% of total JTTs shares. These are transferred to PT Margautama Nusantara (MUN), PT Metro Pacific Tollways...
JAKARTA. PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL). INDY and BPL reportedly signed a Conditional and Binding Shares Sale and Purchase Agreement on September 26, 2024. In said agreement, PT Indika Multi Properti (IMP) as...
JAKARTA - On Monday, September 23, PT Tripar Multivision Plus Tbk (RAAM) welcomed PT MNC Digital Entertainment Tbk as a new investor. MNC Digital, which holds a direct 9.09% stake in this production company, was able to acquire up to 619.42 million shares through a private placement. However, because of this corporate action, the controller...
JAKARTA – Jakarta Composite Stock Price Index (JCI) slipped since the opening bell today (27/9) until 10.02 AM WIB. This decline brought JCI even lower from yesterday’s (26/9) closing position. Monitoring the board this morning, JCI opened at 7,721.55 at 9 AM WIB. However, it kept slipping to the floor, hitting 7,662.60 at 9.05 AM...
JAKARTA - Foreigners purchased and sold shares on Thursday, September 26, bringing net foreign volume into the green zone and closing at 456.94 million shares. The figure was calculated using the difference between foreign buying volume (4.86 billion shares) and foreign selling volume (4.41 billion shares). The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO)...
Esta Indonesia Tbk (NEST), a swallow farm company, has provided extra capital to one of its subsidiaries, PT Tunas Esta Indonesia (TEI). Aulia Desy Deria, Corporate Secretary of NEST, confirmed that this extra capital investment channelled to TEI is IDR 6 billion. This will boost TEI’s issued and paid-up capital to IDR 9.5 billion from...
JAKARTA -PT Pembangunan Perumahan (Persero) Tbk (PTPP) is targeting the Nusantara Capital City (IKN) Airport project to be completed at the end of this year. As of this week, the progress of runway construction has reached 2,200 m of total 3,000 m, equal to 73%. Yul Ari Pramuraharjo, Director of Infrastructure Operation of PTPP, said...
JAKARTA - PT RMK Investama made the decision to bolster its stake in coal logistics service provider PT RMK Energy Tbk (RMKE) on Tuesday, September 24. This investor previously owned about 25.14 percent of the shares; however, afteradding900 million shares through PT Ciptadana Sekuritas Asia, this investor now owns 45.71 percent of the shares and...
Bangun Karya Perkasa Jaya Tbk (KRYA), a building construction company, has acquired the contract of the construction of 7 units of warehouses for Mie Sedaap raw ingredient storage. Said contract is obtained from PT Karunia Alam Segar (KAS), a subsidiary of PT Wings Surya (Wings Group) that manufactures several instant food and beverage products. KRYA...
JAKARTA – Bank Indonesia (BI) and Bank Negara Malaysia (BNM) enable local currency exchange with total value amounting to a maximum of IDR 82 trillion or equal to MYR 24 billion throughout the next 5 years. This potential of local currency swap follows the renewal of the Local Currency Bilateral Swap Agreement (LCBSA) last Friday...