JAKARTA -PT BPD Jawa Timur Tbk (BJTM) scored IDR 620.86 billion of profit in the first half (H1) of 2024, 13.78% year-on-year (yoy) lower from IDR 720.14 billion seen in the same period last year. This decline resulted from increased operational costs. Based on Financial Report of H1 2024 quoted Friday (27/9), gross interest and...
JAKARTA. Indonesia Stock Exchange (IDX) authorities reveals that 30 issuers have entered the pipeline for Initial Public Offering (IPO), and another 11 are lining up for rights issue as of September 20, 2024. Then, 11 out of 30 companies in IPO pipeline reportedly owned jumbo assets amounting to over IDR 250 billion. Most of them...
Selamat Sempurna Tbk (SMSM), an automotive spare part manufacturer, announces dividend income recorded from one of its subsidiaries in Malaysia, Bradke Synergies Sdn Bhd. Lidiana Widjojo, Corporate Secretary of SMSM, confirmed that the dividend received by the company amounts to MYR 2.2 million, which equals IDR 8.06 billion, using currency exchange rate of IDR 3,661.65...
JAKARTA - On Thursday, September 19, the general insurance company PT Lippo General Insurance Tbk (LPGI) conducted a 1:10 stock split. The corporate actions effect: Three large LPGI investors reported a big change intheir share portions onthe market hints. First, from 178.39 million shares to 1.78 billion shares, PT Hanwha Life Insurance Indonesia, the controller...
Pelayaran Kurnia Lautan Semesta Tbk (KLAS), a logistics and delivery company, will initiate a stock dividend and bonus shares distribution. The management of KLAS will ask for approval from its shareholders during Extraordinary General Meeting of Shareholders set to take place on October 31, 2024. The stock dividend that will be distributed by KLAS will...
Fajar Surya Wasesa Tbk (FASW), a manufacturer of paper cup and packages, has signed a subsidiary loan facility agreement with PT Dayasa Aria Prima (DAP). Marco Hardy, Corporate Secretary of FASW, mentioned that DAP is one of the company’s subsidiaries with ownership portion of 99.9%. DAP is engaged in the paper manufacturing industry and started...
JAKARTA – Prinsip Management Limited (PML), Singapore, collected IDR 100.36 billion from divesting its shares inPT FAP Agri Tbk (FAPA). Ricky Tjandra, President Director of FAPA, mentioned that PML will divest 18.93 million shares for IDR 5,300 each last week (18/9). Post-transaction, its portion will shrink to 74.75% from 75.28% of total listed shares, or...
JAKARTA - Foreign investors increased their share buy transactions on Tuesday, September 24, resulting in a foreign purchase volume of 4.33 billion shares. Meanwhile, foreign sales totaled around 3.70 billion shares, which generated a net foreign surplus of 622.56 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the greatest share acquisition,...
MDIF JAKARTA. PT Info Media Digital (IMD), a subsidiary of PT Tempo Inti Media Tbk (TMPO), has secured an investment financing facility of IDR 21.18 billion from Media Development Investment Fund (MDIF). The financing was received by IMD in the form of Convertible Performance Debenture (CPD). The bond has a maturity date set to December...
Bank Mestika Dharma Tbk (BBMD) announces the plan of the transfer of 63.02 million treasury shares in Indonesia Stock Exchange (IDX). The management of BBMD mentioned that the entire treasury stock is secured from the buyback held from April 17, 2020, until June 12, 2020. With the average buying price of IDR 1,095 per share,...