JAKARTA -PT Hartadinata Abadi Tbk (HRTA) will issue Shelf-Registration Bond I Year 2024 of IDR 1 trillion. The proceeds of this corporate action will be used to expand retail outlets for gold bars, as well as pay maturing bond principal. In the issued prospectus quoted Monday (9/9), the bond will be issued in series A...
JAKARTA. PT Golden Westindo Artajaya Tbk (GWAA), a shrimp and fish seeds’ feed wholesale company, will conduct its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 685.7 million shares. The number of shares issued by GWAA is equal to 30% of its issued and paid-up capital post-IPO. Each share has a face...
JAKARTA. PT Artha Kencana Rayatama (AKRT) has increased its portion in PT AKR Corporindo Tbk (AKRA)by acquiring 32.09 million shares. Haryanto Adikoesomo, President Director of AKRA, mentioned that this share purchase will bring AKRT’s portion in the company to 12.65 billion shares or equal to 63.05%. Prior to this, AKRT only recorded 12.62 billion shares...
JAKARTA. PT Angkasa Pura I and PT Angkasa Pura II have been officially merged together, becoming PT Angkasa Pura Indonesia (API). Budi Karya Sumadi, Minister of Transportation, mentioned that this merger is expected to give positive signal to aviation industry. “Reforming two major corporates in their comfort zones is not an easy task. With this...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was still sluggish until 1.30 PM WIB since morning bell at 10 AM WIB today (9/9). Prior to this sluggish trend, JCI actually hit 7,731.12 at 9.10 AM WIB. Until 2 PM WIB, the index was also seen shifting to 7,674.98, higher than the starting line recorded...
JAKARTA -PT Trans Power Marine Tbk (TPMA)and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years. Rudy Sutiono, Director of TPMA, mentioned that the company will control 51% of the shares,...
Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion. The bond is a part of a more extensive public offering program of Shelf-Registration Bond IV of Bank Panin, with proceeds target set to IDR 15 trillion. Prior to...
Garuda Maintenance Facility Aero Asia Tbk (GMFI), a subsidiary of PT Garuda Indonesia Tbk (GIAA), will increase its capital with pre-emptive rights, also known as rights issue. The number of shares that will be issued by GMFI in this corporate action is 11.73 million shares, or qual to 41.57% of total issued and paid-up capital...
JAKARTA -PT Sarana Mitra Luas Tbk (SMIL) has gained approval from shareholders to seek new credit facilities or extend its existing credit facilities. This was announced by Hadi Suhermin, President Director of SMIL, as quoted in the minutes of Extraordinary General Meeting of Shareholder today (9/9). “Shareholders gave approval to the board of directors to...
JAKARTA. PT MSIG Life Insurance Indonesia Tbk (LIFE), a life insurance company, will initiate a spin-off of its sharia business unit. Leony Samosir, Corporate Secretary of LIFE, said that the plan had been approved by Financial Services Authority (OJK) on July 5, 2024. For next, the company will apply for business license for a new...