JAKARTA – Stock performances of two out of three issuers debuting on Indonesia Stock Exchange on November 8, 2023, were seen improving as of last week (15/11). They are PT Ikapharmindo Putramas Tbk (IKPM)andPT Mastersystem Infotama Tbk (MSTI). Based on the compiled data by IDNFinancials today (18/11), IKPM was reported increasing 67.27% to IDR 276...
Smartfren Telecom Tbk (FREN), one of the biggest telecommunication service providers in Indonesia, has signed a syndicated loan agreement with a subsidiary and several banks. James Wewengkang, Corporate Secretary of FREN, said that the subsidiary involved in this facility agreement is PT Smart Telecom (Smartel). The syndicate of banks that will provide financing facilities includes...
Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation, has secured dividend income from one of its subsidiaries, PT Agro Multi Persada (AMP). Joni Tjeng, Corporate Secretary of TAPG, confirms that the interim dividend received from AMP reaches IDR 617.48 billion. Owning 94.93% of AMP, the company then receives interim dividend of a total...
BANDUNG – President Director of PT Metrodata Electronic Tbk (MTDL), Susanto Djaja, also notices the weakened purchase power of the masses. However, he reveals that there is one business line that could still record 13% growth this year. “It is undeniable that there has been a decrease in purchase power; we feel it, as well,”...
JAKARTA -PT Logindo Samuderamakmur Tbk (LEAD)will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each. This corporate action, carried out via a private placement, has been approved by its shareholders last week (14/11). Denny Haryanto, Corporate Secretary of LEAD, mentioned that the issued and paid-up capital will...
JAKARTA - PT Putra Adhi Prima (PAP), a subsidiary ofPT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow. Noer Indradjaja, Vice President Director of APLN, mentioned that the divested assets are Hotel Pullman Ciawi Vimala Hills Resort...
BANDUNG – Tempo, in collaboration with IDN Financials, has unveiled the list of the Top 51 Best Chief Executive Officers (CEOs) during the Top CEO Indonesia Awards 2024, held at the Pullman Bandung Grand Central in West Java, on Friday, November 15, 2024. This marks the second edition of the event, following the Top CEO...
BANDUNG – Irfan Setiaputra, CEO of PT Garuda Indonesia (Persero) Tbk (GIAA), has been awarded The Best CEO with a special mention for Inspirational Leadership in the Aviation Industry. The recognition was bestowed by Tempo and IDN Financials during the 2024 Top CEO Indonesia Awards, held at the Pullman Grand Central Bandung on Friday, November...
BANDUNG – Jahja Setiaadmadja, the CEO of PT Bank Central Asia Tbk (BCA), has received the prestigious The Best CEO with Special Mention: Enormous Support for National Stunting Reduction Program award at the Top CEO Indonesia Awards 2024, held in Bandung this Friday (15/11) by Tempo-IDNFinancials. Setiaadmadja earned this distinguished accolade thanks to BCAs firm...
BANDUNG – Sunarso, the President Director of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has been named The Best CEO with Special Mention: Most Expansive Sustainable Financing Activities at the prestigious Top CEO Awards Indonesia 2024, held in Bandung on Friday, November 15, 2024. As of December 2023, BBRI reported a credit portfolio amounting to...