JAKARTA – After the acquisition of PT Bank Permata Tbk (BNLI) by Bangkok Bank, Indonesia is once again welcoming another acquisition by a major bank of Thailand, KasikornBank, or more familiarly known as KBank, through the takeover of 84.55% of PT Bank Maspion Tbk (BMAS). It is known that the first investment of KBank in...
JAKARTA - PT Samuel International (SI) will place IDR 661.94 billion in PT MD Entertainment Tbk (FILM) via the acquisition of 216.32 million shares issued by the company next week (25/10). In this planned private placement, FILM is setting the exercise price to IDR 3,060 per share. In the information disclosure quoted Monday (21/10), Fidela...
Esta Indonesia Tbk (NEST), an issuer recently debuted on Indonesia Stock Exchange (IDX) last August, has reportedly acquired 6 plots of land and building owned by its own president director, Hoo Anton Siswanto. Said acquisition of land and building took place on October 16, 202, with the transaction set to IDR 12.3 billion. For the...
JAKARTA. Shareholders ofPT Adaro Energy Indonesia Tbk (ADRO) have approved the plan of divesting the entire shares in PT Adaro Andalan Indonesia (AAI) to extend the business’s reach to outside thermal coal. Garibaldi Thohir, CEO of ADRO, mentioned that as of now, the company has been continuously working on strategic transaction and diversification in non-coal...
Sinar Eka Selaras Tbk (ERAL), a subsidiary of PT Erajaya Swasembada Tbk (ERAA) that focuses on the retail business for lifestyle products, has channelled extra capital worth IDR 15.73 billion to PT MST Golf Indonesia (MGI). This corporate action is intended as a way to maintain ERAL’s portion in MGI. MGI is known to be...
JAKARTA - PT Bursa Efek Indonesia (BEI) recorded 10 most expensive stocks at the closing bell last Friday (18/10). The upper range reached IDR 46,000 per share, and the lowest only arrived at slightly over IDR 14,000 per share. Based on IDNFinancials data today (21/10), some of these priciest stocks came from different industries, including...
JAKARTA. PT Ashmore Asset Management Indonesia Tbk (AMOR), an investment services issuer, will distribute a final dividend of IDR 27.5 per share or a total of IDR 60.81 billion. Lydia Toisuta, Corporate Secretary of AMOR, conveyed this plan in accordance with the results of the General Meeting of Shareholders (GMS) which was held on 17...
JAKARTA - Two significant PT Estika Tata Tiara Tbk (BEEF)investorsagreed to increase their stake in this livestock company on Thursday, October 17. First, 109.19 million more shares were purchased through PT BCA Sekuritas by Asia Agri International Pte Ltd, a foreign investor and the controller of 70.59% of the shares. Then, with a share portion...
JAKARTA - Angela Tanoesoedibjo takes office as Co-CEO of MNC Group after ending her term of office as Vice Minister of Tourism and Creative Economy from 2019 to 2024. This crown princess of Hary Tanoesoedibjo will support MNC Group’s operations, especially in MNC Media and Entertainment. In the information disclosure quoted Tuesday (22/10), Angela Tanoesoedibjo,...
JAKARTA - The movement of the Composite Stock Price Index (IHSG) slowed at the start of the initial trading session amidst the inauguration of a number of heads of government agencies on Tuesday morning (22/10). The index fell to 7,739.15 at 10.05 WIB. In the morning monitoring, the index rate at the start of the...