JAKARTA. PT Wintermar Offshore Tbk (WINS) is once again giving corporate guarantee for one of its subsidiaries, PT Winpan Offshore. Said guarantee is a prerequisite that must be met by Winpan Offshore in order to obtain the facility from PT Bank Central Asia Tbk (BBCA). The facility in question is equal to USD 6.48 million....
JAKARTA. PT Waskita Toll Road (WTR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), has increased its portion in PT Kresna Kusuma Dyandra Marga (KKDM). This portion increase is carried out by WTR through debt equity swap with KKDM. The total value of KKDM’s debt, which is going to be converted into equity for...
JAKARTA. PT MNC Energy Investments Tbk (IATA) will increase capital through pre-emptive rights, also known as rights issue, through the issuance of 20.19 billion new shares. Each new share has a face value of IDR 50, with unspecified offering price. The management of IATA will first ask for approval from the shareholders regarding said corporate...
JAKARTA -PT Lippo Cikarang Tbk (LPCK) is eyeing extra capital through rights issue of a maximum of 3 billion shares worth IDR 500 per share. This plan will be further discussed and decided during Extraordinary General Meeting of Shareholders on November 19. In the short prospectus quoted today (12/11), this corporate action is said to...
JAKARTA –PT MD Entertainment Tbk (FILM) is rebranding PT Net Visi Media Tbk (NETV) to PT MDTV Media Technologies Tbk (NETV), a major transformation after officially acquiring and controlling NETV. This name change was approved during Extraordinary General Meeting of Shareholders last week (7/11). In the information disclosure quoted Tuesday (12/11), Shinta Trisnawati Sutrisno, Corporate...
JAKARTA – The management of PT Garuda Indonesia (Persero) Tbk (GIAA)is projecting its performance to remain on track following performance optimisation initiatives nearing the end of 2024. The strategies include production increase through four additional aircrafts and global partnership with international airlines. Irfan Setiaputra, President Director of GIAA, mentioned that the company’s performance is projected...
JAKARTA -PT Vale Indonesia Tbk (INCO) and GEM Co Ltd, Beijing, China, have reportedly agreed upon a contract regarding investment in net-zero nickel production in Central Sulawesi. The contract signing took place during the bilateral business meeting between Indonesia and China, overseen by Indonesian President, Prabowo Subianto, himself. In the press release quoted Monday (11/11),...
JAKARTA – Slipped in September, PT Astra International Tbk (ASII) reported Astra car sales increasing 8.7% month-to-month (mtm) to 43,596 units from 40,096 units recorded last September. In October 2024, Toyota and Lexus’s sales increased to 27,211 units from 25,591 units, followed by Daihatsu’s sales from 12,676 units to 14,096. Then, Isuzu’s sales also skyrocketed...
JAKARTA - For those of you who have been trying to pursue your dreams, its time to take a break by giving appreciation to yourself as the Hero of Life! Dont worry, in the middle of the month, entering the beautiful date 11.11, wondr by BNI presents a series of interesting promos that can make...
JAKARTA - On Wednesday, November 6, foreign investors’ shares purchases hit up to 4.67 billion shares. Meanwhile, foreign sales volume stood at 4.49 billion shares, resulting in a net foreign volume surplus of 181.96 million shares. The mineral mining business PT Bumi Resources Minerals Tbk (BRMS) had the most shares purchased, totalling 882.48 million shares...