JAKARTA - Three private investors increased their holdings in PT Garudafood Putra Putri Jaya Tbk, a manufacturer of food and beverage products, on Tuesday, September 3. The first of the three investors, Pangayoman Adi Soenjoto, increased hisportion to 8.54% by purchasing an additional 418.57 million shares of GOOD. The other two investors are also members...
JAKARTA – Jakarta Stock Price Composite Index (JCI) slowed down and arrived at 7,688.17 nearing the closing of today’s (5/9) session. It is lower than 7,714.08 recorded in the morning session today. As monitored at the end of the closing bell, the afternoon session saw JCI fluctuating in the green zone. JCI even hit 7,712.83...
JAKARTA. PT Info Media Digital (IMD), a digital business line under PT Tempo Inti Media Tbk (TMPO), has secured funding from Media Development Investment Fund (MDIF). Jajang Jamaludin, Corporate Secretary of TMPO, mentioned that the funding received by the company is through Convertible Performance Debenture (CPD). “This convertible bond has a maturity date on December...
JAKARTA – PT Bank Rakyat Indonesia (Persero) Tbk or BRI will continue to distribute dividends with an optimal dividend payout ratio, as the companys capital is still deemed solid. This was stated by BRI President Director, Sunarso, at the Public Expose Live 2024 event in Jakarta (29/08). Sunarso said that BRI has additional capital of...
JAKARTA -PT Bayan Resources Tbk (BYAN) and its subsidiary, PT Bayan Energy (BE), is acquiring the entire shares of PT Berau Utama Berkatsetia (BUB) in PT Enggang Alam Sawita (EAS) for IDR 105.14 billion. BYAN and EAS actually had a history regarding joint land utilisation. Jenny Quantero, Director of BYAN, said that EAS’s plantation area...
JAKARTA. The Indonesian government will hold another round of auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk on September 10, 2024. There will be 7 series of sukuk offered in said auction, as stated by the Directorate General of Budget Financing and Risk Management of the Ministry of Finance. They...
JAKARTA – Throughout August 2024, Indonesia Stock Exchange (IDX) authorities put 21 issuers under special monitoring, mostly due to their stock prices that do not go over IDR 51 per share in the regular market. Based on IDNFinancials’ compiled data today (5/9), there are 9 issuers under monitoring due to their prices that do not...
Voksel Electric Tbk (VOKS), a cable manufacturer company, has now secured “idBBB+” rating from Pemeringkat Efek Indonesia (Pefindo) for Series B of Bond I Year 2019, which is still circulating in the public now, from the initial “idBBB”. Pefindo believes that the rating upgrade reflects the expectation of support from the controlling shareholder of VOKS,...
JAKARTA -PT Wilton Makmur Indonesia Tbk (SQMI)is targeting production capacity of 300 tons of gold per day in September 2024, as higher cyanide supply will expedite gold ore refinery. This target is revealed by Mohammad Noor Syahriel, Corporate Secretary of SQMI, in the information disclosure quoted Thursday (5/9). “The group will continue to identify and...
JAKARTA - This September, PT Indah Kiat Pulp & Paper Tbk (INKP), a paper and cardboard packaging manufacturer, is expected to pay two bond payments simultaneously. The Sinarmas Group subsidiarysShelf Registration BondIV Indah Kiat Pulp & Paper Stage II 2023 Series A is scheduled to mature on September 5th, 2024, with a valuation of IDR...