JAKARTA - PT Shimizu Global Indonesia (SGI) sues PT PP Urban, a subsidiary ofPT Pembangunan Perumahan (Persero) Tbk (PTPP), for Suspension of Debt Paymen Obligation (lit. Penundaan Kewajiban Pembayaran Utang/PKPU). In the information disclosure quoted Thursday (10/10), Agus Purbianto, Director of Finance of PTPP, mentioned that the company respects the ongoing PKPU proceedings based on...
JAKARTA – Indonesia Stock Exchange (IDX) has officially lifted the suspension over PT Perdana Karya Perkasa Tbk (PKPK) and reopened transaction for this oil and gas supporting service provider, starting from the morning session today (10/10). Prior to this, PKPK’s stock was suspended in the regular and cash market due to significant and unusual market...
Summarecon Agung Tbk (SMRA) has channelled extra capital worth IDR 485.5 billion to one of its subsidiaries, PT Summarecon Property Development (SMPD). Lydia Tjio, Corporate Secretary of SMRA, mentioned that the extra capital consists of 485.5 million new shares issued by SMPD. This investment will also boost SMRA’s issued and paid-up capital in SMPD to...
JAKARTA – After logo rebranding last September, PT Bank Permata Tbk (BNLI) or more widely known as PermataBank, launches a new and modern look in its mobile banking application, now called Permata ME. It is known that the previous PermataBank mobile app was called PermataMobile X. “PermataMobile X was launched in 2018. So, this is...
JAKARTA – Shareholders ofPT MD Entertainment Tbk (FILM)unanimously agreed upon the plan of over 50% acquisition of PT Net Visi Media Tbk (NETV), the managing company of NET Televisi. Following this decision, the company will officially enter television broadcast business. Fidela Hasworini, Corporate Secretary of FILM, mentioned that the Extraordinary General Meeting of Shareholders that...
JAKARTA –Jakarta Stock Price Composite Index (JCI) crashed at the red zone nearing the closing bell today (10/10). The index only briefly soared to over 7,500, recorded at 9 AM WIB. Monitoring the board at the last minute of today’s session, JCI shifted to 7,478.17, only a slight gain from its worst position today at...
JAKARTA - PT Global Mediacom Tbk, the companys controlling shareholder, released 80.52 million shares of PT Media Nusantara Citra Tbk (MNCN) on Thursday, October 3. Both issuers are media-related members of the MNC Group. Prior to this most recent sale, Global Mediacom owned 40.24% of MNCN; however, its share portion has now dropped to 39.7%....
TBS Energi Utama Tbk (TOBA) has divested its asset in the form of steam power plant (PLTU) with total capacity of 200 MW operated by two of its subsidiaries, PT Minahasa Cahaya Lestari (MCL) and PT Gorontalo Listrik Perdana (GLP). The divestment from two of its subsidiaries is a part of TOBA’s commitment in reaching...
JAKARTA - PT Petrotech Penta Nusa, a subsidiary ofPT Rukun Raharja Tbk (RAJA), planted investment of IDR 982.45 billion in the fuel oil piping project of Tanjung Batu-Samarinda. This project is expected to increase profit in the future. Djauhari Maulidi, President Director of RAJA, mentioned that Petrotech will make funding contribution worth USD 63.29 million...
Cakra Buana Resources Energi Tbk (CBRE), a marine transportation service provider, has ended the vessel charter contract with PT Habco Trans Maritima Tbk (HTMA). Amanda Octania, Direktur and Corporate Secretary of CBRE, mentioned that the contract signed by CBRE and HTMA will be applied to MV Majestic Laksono time charter agreement signed on June 16,...