JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) signed the Joint Working Agreement (PKB) for the 2024-2026 period with the BRI National Workers Union at BRI BRILiaN Tower, Jakarta (28/08). The 2024-2026 Joint Working Agreement was signed by BRI President Director, Sunarso, with the Chairman of the BRI National Workers Union, Mohammad Rizal, and...
Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion. Mahrus, Corporate Secretary of MFIN, said that the corporate action is intended as a means to adjust its paid-up capital to at least IDR 250 billion. This adjustment follows the Financial Services Authority Regulation (POJK) Article 72 regarding...
JAKARTA – Shareholders of PT Solusi Sinergi Digital Tbk (WIFI) agreed upon the plan of a rights issue of 4.71 billion shares or equal to 66.67% of issued and paid-up capital. Prior to this, this corporate action failed to obtain approval during Extraordinary General Meeting of Shareholders on August 21, 2024. Yune Marketatmo, President Director...
JAKARTA – Shareholders collectively agreed upon the discharge of two commissioners and two directors of PT Mahaka Media Tbk (ABBA)in Extraordinary General Meeting of Shareholders yesterday (4/9). EGMS was joined by shareholders representing 2.13 billion shares or 54.25% of 3.93 billion shares issued by ABBA. The minutes of the meeting quoted today (6/9) showed that...
JAKARTA – Jakarta Stock Price Composite Index (JCI) broke another record throughout today’s (6/9) session. It arrived at 7,733.35 nearing the end of the closing bell at 3.49 PM WIB, higher than 7,700 level recorded yesterday (5/9). Monitoring the board today, JCI shifted positively, bullish at the green zone. Right after the opening bell, the...
JAKARTA. Indonesia Stock Exchange (IDX) authority will modify the regulation in the stock market to increase the quality of listed companies, following the controversy of gratification for IPO, leading to contract termination of several employees. I Gede Nyoman Yetna, Director of Listing of IDX, mentioned that one of the adjustments from the stock exchange authority...
JAKARTA – Bank Indonesia (BI) reported an increase in forex reserves in August 2024 following a decline back in February 2024. This increase maintains a rebound trend of forex recorded since July 2024 at USD 145.4 billion. Erwin Haryono, Assistant Governor of Department of Communication of BI, said that forex reserves in August 2024 reached...
JAKARTA -PT Ancora Indonesia Resources Tbk (OKAS)obtains a loan facility with a maximum limit of IDR 150 billion from PT Bank Pan Indonesia Tbk (PNBN). The total credit facility is charged with an interest rate of 10% per annum (floating). Ahmad Zakky Habibie, Corporate Secretary of OKAS, mentioned that credit facility will be utilised for...
JAKARTA. The value of funds raised in the Indonesian capital market was recorded at IDR 135.25 trillion until August 2024, according to the Financial Services Authority (OJK). This accumulation includes funds raised by 28 new issuers who have held Initial Public Offerings (IPOs) since the beginning of the year. The emission value of all new...
JAKARTA - On Wednesday, September 4, PT Tudung Putra Putri Jaya released PT Garudafood Putra Putri Jaya Tbk (GOOD) shares once more, with a volume of 894.35 million shares. This investors stake in the food and beverage company has decreased to just 10% from its previous 12.42% of shares. However, Garudafood chairman and investor Sudhamek...