Habco Trans Maritima Tbk (HATM), a company engaged in the logistics and shipping services, has acquired a new bulk carrier vessel for USD 13.8 million or IDR 226.6 billion. Antonius Limbong, Corporate Secretary of HATM, mentioned that the vessel was acquired from Seacon Peru Ltd. The fund source for this new vessel purchase is a...
JAKARTA. PT Bank KB Bukopin Tbk (BBKP) is planning the issuance of Senior Unsecured Notes (global bond) of a maximum USD 300 million. Robby Mondong, Vice President Director of BBKP, said that this corporate action will demonstrate the companys capability in enhancing its own funding structure. It also serves as the initial step taken by...
JAKARTA. The sulphuric acid refinery unit, a part of the smelting facility of PT Freeport Indonesia (PTFI) located in Special Economic Zone (lit. Kawasan Ekonomi Khusus/KEK) of Gresik, was reportedly caught in fire yesterday (14/10). Katri Krisnati, VP Corporate Secretary of PTFI, said that there were no casualties reported in the incident, despite the fire...
Energi Mega Persada Tbk (ENRG), Bakrie Group’s oil and gas company, has taken over all participating rights in Sengkang Block. This participating rights acquisition was done by ENRG through EMP Energi Jaya (EEJ), its subsidiary. The participating rights were acquired by EEJ from Energi Equity Holdings Pty Ltd (EEH), Energy World Corporation (EWC), and Ventures...
JAKARTA - On Friday (11/10), share purchasing and selling operations made similar results, with the foreign buying volume of 2.31 billion shares and the foreign selling volume of 2.27 billion shares. As a result, net foreign volume ended at 41.01 million shares. On the top buy list, foreign investors began by purchasing 144.13 million shares...
JAKARTA. PT Oki Pulp & Paper Mills (OPPM), a pulp & paper manufacturer of Sinarmas Group, will issue Shelf-Registration Bond Phase IV Year 2024 of IDR 2.25 trillion and Shelf-Registration USD Bond I Phase VI Year 2024 of USD 7.95 million. The upcoming IDR bond by OPPM will be offered in 3 series, with coupons...
Astra International Tbk (ASII) booked car sales of 357,802 units until the end of September (9M) 2024, dropped 15.09% year-on-year (yoy) from the same period last year. This decline was also seen in car sales of ASII in September 2024, which only reached 40,096 units and contrasting with August 2024’s number that reached 42,195 units....
JAKARTA. Total incoming bids recorded for Government Securities (lit. Surat Utang Negara/SUN) in the auction on Tuesday (15/10) reportedly reached IDR 44.27 trillion, as stated by Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of SUN auctioned off by the Indonesian government, consisting of 2 series...
Fortune Indonesia Tbk (FORU) is currently exploring some new business opportunities outside its long-established core sector, media and printing. Sari Dewi, Corporate Secretary of FORU, mentioned that there are 4 business sectors explored by the company, namely steel manufacturer, mining infrastructure service provider, heavy equipment and machine lease, as well as mining. “The company recognises...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR)is aiming for IDR 4.5 trillion of fresh funds by holding a rights issue, the proceeds of which will be allocated to refinance its subsidiary’s obligation. This corporate action plan will require an approval during Extraordinary General Meeting of Shareholders on October 25, 2024. In the issued prospectus quoted...