Surya Toto Indonesia Tbk (TOTO), a sanitation and kitchen appliances manufacturer, will distribute interim dividend of IDR 123.84 billion. Ng Agus Setiawan, Corporate Secretary of TOTO, mentioned that said plan aligns with the decision made by the board of directors a couple of days ago. “It had been approved by the board of commissioner on...
JAKARTA. PT Petrosea Tbk (PTRO), an issuer of coal and oil and gas mining support services, will issue bonds and sukuk ijarah with a total principal amount of IDR 1.5 trillion. The bonds to be issued by PTRO are part of PTROs Shelf Registration Public Offering (PUB) I, with a target of raising funds of...
JAKARTA – Citibank N.A. Indonesia, or what is usually called Citi Indonesia, managed to record a net profit increase of 32% year-on-year (yoy) at the end of September 2024. This increase was driven by operational expense efficiency, which was indicated by the cost-to-income ratio (CIR) which improved to 41.9% from 59.8%. As of September (9M)...
Waskita Beton Precast Tbk (WSBP), a precast concrete manufacturer under PT Waskita Karya (Persero) Tbk (WIKA), announces its plan to increase capital without pre-emptive rights, or private placement, of 178.54 million shares. This is the Private Placement Phase III initiated by the company in relation to debt conversion from several creditors. This debt conversion follows...
Satu Visi Putra Tbk (VISI), a wholesale trading company for advertising and printing materials, has acquired extra credit facility from PT Bank Central Asia Tbk (BBCA) or BCA. The supplement for this credit facility is limit extension of IDR 4 billion. Prior to this, VISI had obtained a working capital credit worth IDR 10 billion...
JAKARTA. PT Superkrane Mitra Utama Tbk (SKRN), a company engaged in the construction equipment rental business, is planning an interim dividend distribution of IDR 320.3 billion. Eddy Gunawin, Corporate Secretary of SKRN, mentioned that the plan is arranged according to the decision of the board of directors made a couple of days ago. “It had...
Petrosea Tbk (PTRO) has established another new subsidiary called PT Lintas Kelola Berlaba (LKB) through one of its existing subsidiaries, PT Petrosea Infrastruktur Nusantara (PIN). “The intention and purpose of LKB formation is to engage in mining services field, as well as professional, scientific, and technical activities,” added Anto Broto, Corporate Secretary of PTRO, in...
JAKARTA - Stock buying activity by foreign investors on Tuesday, November 12, resulted in foreign buying volume reaching 5.65 billion shares. Meanwhile, foreign sales volume stood at 5.37 billion shares. As a result, net foreign volume ended at 279.49 million shares. Foreign investors began the top buy list by purchasing 1.94 billion shares of coal...
JAKARTA - On Wednesday, November 13, foreign selling volume (4.68 billion shares) outpaced foreign buying volume (3.68 billion shares). This disparity caused the net foreign volume to fall to -996.41 million shares. One of the factors contributing to the high foreign sales volume was the sale of shares in the digital company PT GoTo Gojek...
JAKARTA - On Friday, November 8, Siauw Yunus Subandi made the decision to invest in PT Graha Andrasentra Propertindo Tbk (JGLE), the company that runs the Jungle Series amusement park. This individual investor purchased over 1.16 billion shares of JGLE through PT RHB Sekuritas Indonesia and seven other securities firms, formally becoming a new shareholder...