JAKARTA - On Wednesday, October 2, individual investor Iwa Sukresno Karunia invested 8 million moreshares in PT Arkadia Digital Media Tbk (DIGI), a web portal and multimedia content industry business. Iwas share portion increased from 24.75% to 25.24% through the transaction via PT Korea Investment And Sekuritas Indonesia. Furthermore, Low Tuck Kwong acquired 95,800 shares...
JAKARTA – The performance ofPT Merdeka Gold Coppert Tbk (MDKA) skyrocketed in the first half (H1) of 2024 compared to the same period in 2023. The company finally managed to score profit due to this significant growth in revenue. Based on Financial Report of H1 2024 quoted Friday (4/10), the revenue was recorded at USD...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI continues to strive to improve service accessibility for international customers. One of the latest steps is to relocate the Singapore Overseas Office (KLN) to BNI Tower at 30 Raffles Place, Singapore #26-01 & #27-01 from its previous location at Cecil Street. BNIs operations in this...
Medco Energi Internasional Tbk (MEDC) is readying interim dividend distribution of USD 25.89 million or IDR 15.75 per share. Siendy K. Wisandana, Corporate Secretary of MEDC, mentioned that the plan is in line with the decision made by the board of directors a few days ago. “It had been approved by the board of commissioners...
JAKARTA - PT Harum Nickel Industry (HNI) channels loan facility of USD 45 million, equal to IDR 681.21 billion to support operational activities of PT Westrong Metal Industry (WMI). This subsidiary ofPT Harum Energy Tbk (HRUM)operates nickel smelting facility with 4 rotary kiln electric furnaces (RKEF) in Weda Bay Industrial Park, Halmahera Tengah. In the...
JAKARTA – Jakarta Stock Price Composite Index (JCI) plummeted until today’s (4/10) closing bell. The index was at 7,476.99 nearing the end of today’s trading session. Monitoring the board, the index continued to decline during the middle of afternoon session at 2 PM WIB. Nearing the closing bell, the index did not show any improvement,...
JAKARTA. The Indonesian Securities Rating Agency (Pefindo) has assigned an idA rating to Bond II Year 2024 issued by PT Merdeka Battery Materials Tbk (MBMA), and confirmed the same rating for the bonds that have been issued. Pefindo said the rating reflects MBMAs business activities, which are vertically integrated. In addition, the rating also reflects...
JAKARTA. A total of 3 startups from Indonesia have received funding totaling more than US$28.5 million this week. According to data compiled by .com, the three startups are Broom, Rey.id, and Pallav Technologies. All three are startups based in Jakarta. Broom, a startup in the automotive sector, received funding of US$ 25 million from a...
United Tractros Tbk (UNTR), a subsidiary of PT Astra International Tbk (ASII) engaged in the heavy equipment and mining industry, is preparing for interim dividend distribution of IDR 2.42 trillion or IDR 667 per share. Sara K. Loebis, Corporate Secretary of UNTR, confirmed that the plan is in line with the decision made by the...
JAKARTA - On Wednesday,September 25, PT Centratama TelekomunikasiIndonesia Tbk (CENT) saw the purchase of 18.04 billion shares by foreign investor UOB Kay Hian Private Limited. This Singaporean investors shareholding jumped from 38.3% to 96.17% as a result of the transaction through PT UOB Kay Hian Sekuritas, making themthe currentcontrolling shareholder. The CENT stock is actively...
