JAKARTA - Bank of Singapore Limited, a foreign investor, acquired 293.77 million shares of PT Bank Amar Indonesia Tbk (AMAR) on Friday, October 11, bringing the total number of shares to 1.90 billion. The purchase of shares viaCitibank, N.A. instantly increased theBank of Singapores ownership stake in thisdigital bank from 8.78% to 10.38%. Additionally, with...
JAKARTA - Foreign investors upped their share-buying activities on Monday, October 14, totaling 4.69 billion shares. The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO) had the largest share bought for around 47% of the overall foreign purchase volume, or 2.23 billion shares, with a net volume of 373.02 million shares. The foreign sales volume...
JAKARTA. PT MD Entertainment Tbk (FILM), a film production company, has reportedly signed a loan agreement with PT Bank Mandiri (Persero) Tbk (BMRI) with total principal worth IDR 794.75 billion. The facility consists of 2 terms, Tranche 1 of IDR 529.5 billion, and Tranche 2 of IDR 265.25 billion. The tenor set for FILM by...
JAKARTA. The Indonesian Securities Rating Agency (Pefindo) has confirmed the idSD or Selective Default rating for PT Waskita Karya (Persero) Tbk (WSKT), following the companys financial profile which has not improved. In its official statement a few days ago, Pefindo also confirmed that the rating for WSKTs Phase IV Shelf Registration Bonds was at an...
JAKARTA - Ferry Teja, an individual investor, acquired a 5.9% stake in PT Fimperkasa Utama Tbk (FIMP), a general construction company, on Monday, October 14. He acquired 23.59 million FIMP shares through PT Trust Sekuritas and PT Mirae Asset Sekuritas Indonesia, resulting in this ownership. Herry Wibowo also increased his FIMP share collection by 13,000,...
JAKARTA. PT Kalbe Farma Tbk (KLBF), an issuer operating in the pharmaceutical sector, has inaugurated the construction of a radioisotope factory, which produces Fludeoxyglucose (FGD) for early detection of cancer. Maria Teresa Fabiola, Corporate Secretary of KLBF, said that the factory is under the companys subsidiary, namely PT Global Onkolab Farma (GOF). The existence of...
JAKARTA. PT Link Net Tbk (LINK), a telecommunications services company controlled by Axiata Group, has signed a credit facility agreement with Deutsche Bank AG. Rininta Agustina Widya Pratika, Corporate Secretary of LINK, said that with this agreement, the company obtained additional credit facilities of IDR 1 trillion. So the total credit facility [from Deutsche Bank]...
JAKARTA. PT Global Digital Niaga Tbk (BELI), the issuer of the Djarum Group which oversees Blibli.com, will carry out additional capital without granting pre-emptive rights (PMTHMETD) or private placement by issuing 4.9 billion new shares. The number of shares to be issued by BELI is equivalent to 4.14% of the issued and fully paid capital....
JAKARTA - On Wednesday, October 9, PT Elang Mahkota Teknologi Tbk, or EMTEK, purchased 10.36% of the shares of PT Bukalapak.com Tbk (BUKA). The media company became a new investor by purchasing 10.68 billion BUKA shares through PT Sucor Sekuritas and two additional securities. Bukalapak.com, in itself, is one of the most popular online shopping...
JAKARTA - On Thursday, October 10, share sales transactions generated a foreign sales volume of 3.53 billion shares. Meanwhile, foreign buying volume was in the range of 2.94 billion shares, and net foreign volume closed at -591.74 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, totalling approximately...