Wijaya Cahaya Timber Tbk (FWCT), a plywood manufacturer established circa 2017, announces interim dividend distribution of IDR 3 per share, or a total of IDR 5.63 billion. Budi Tjahjadi, Director of FWCT, mentioned that the plan is in line with the decision of the board of directors made a couple of days ago. “It had...
TBS Energi Utama Tbk (TOBA), an issuer in the management consultancy field and a holding company, has reportedly acquired Sembcorp Environment Pte Ltd (SEPL). The acquisition is carried out by TOB through one of its subsidiaries based in Singapore, SBT Investment 2 Pte Ltd. It is known that SBT 2 is a company owned by...
JAKARTA. PT Mandiri Tunas Finance (MTF), a subsidiary of PT Bank Mandiri (Persero) Tbk (BMRI) engaged in financing industry, is issuing Shelf-Registration Bond VI Phase IV Year 2024 with total principal of IDR 1.61 trillion. The security is a part of a public offering program of Shelf-Registration Bond VI of MTF with target proceeds reaching...
JAKARTA - PT Sarana Mutligriya Finansial (Persero) will issue Shelf-Registration Social Bond I Phase IV Year 2024 worth IDR 1.2 trillion. The public offering will start from November 22 to 25, 2024. In the issued prospectus quoted Monday (11/11), the proceeds from this bond issuance will be used to refinance housing and residential financing in...
JAKARTA. PT Aneka Tambang Tbk (ANTM) or Antam and PT Freeport Indonesia (PTFI) have signed a sale and purchase agreement of gold with purity level of 99.99% to reinforce domestic gold supply chain. With this collaboration, Freeport will provide raw materials for PTFI, which will then be processed by Antam to be precious metal products....
JAKARTA – Stock performance of PT Pantai Indah Kapuk Dua Tbk (PANI) has shot up by 212.55% since its rights issue on August 19, 2024. Compared to the time when PT Multi Artha Pratama (MAP) conducted tender offer of PANI on December 1, 2021, its price has even skyrocketed 987.37%. Based on IDNFinancials data quoted...
JAKARTA – Jakarta Stock Price Composite Index (JCI) sloped this morning, from 9 AM to 10 AM WIB. It recorded its lowest point yet within this past three weeks. Monitoring the board, JCI was recorded at 7,190.83 at 10 AM WIB, much lower from 7,270.30 seen at 9 AM WIB. JCI’s decline was accompanied with...
JAKARTA -PT Fast Food Indonesia Tbk (FAST), the KFC franchise license holder, continues to record a loss in Q3 2024, worsening from the same period last year by up to 266.44% year-on-year. Based on Q3 2024 Financial Report quoted Monday (11/11), its loss was recorded at IDR 557.08 billion, swelling from IDR 152.41 billion seen...
JAKARTA – The governments of Indonesia and China have signed 7 strategic cooperation agreements at Great Hall of the People in Beijing last Tuesday (9/11). This signing took place during the official meeting between Indonesian President Prabowo Subianto and President of China, Xi Jinping. In the press release of Cabinet Secretariat of Indonesia quoted today...
JAKARTA -PT Resource Alam Indonesia Tbk (KKGI) will distribute interim stock dividend with the ratio of 190:3, meaning that 190 old shares will grant the owner 3 new shares. In the prospectus quoted Monday (11/11), it is said that the shares distributed from treasury stock gained from the third round of buyback on March 2,...