JAKARTA – The authority of Indonesia Stock Exchange (IDX) reportedly terminates the employment of 5 staffs in Listing Division following alleged gratification for allowing issuers to be listed in the stock exchange. In an official release circulating among press, today (26/8), these 5 IDX employees are suspected of receiving bribery of up to billons of...
JAKARTA. PT Perusahaan Gas Negara Tbk (PGAS) posted a net profit of US$186.6 million in the first semester (1H) 2024, growing 28.4% year-on-year (yoy) or from the same semester last year. This growth is in line with PGAS revenue performance in 1H 2024 which reached US$1.4 billion. The companys revenue in this period rose 3.08%...
JAKARTA. PT Golden Energy Mines Tbk (GEMS), a mining company owned by Sinarmas Group, has signed an addendum to the credit agreement given to PT Borneo Indobara (BIB). The addendum to the credit agreement was carried out due to the additional credit facility limit provided by GEMS to BIB to IDR 2.4 trillion, from the...
JAKARTA -PT Steel Pipe Industry of Indonesia Tbk (ISSP)or Spindo is allocating capital expenditure (capex) of IDR 250 billion this year, as mentioned by Johanes W. Edward, Corporate Secretary & Investor Relations of Spindo in Public Expose Live 2024 of ISSP via Zoom, today (26/8). According to Edward, said capex will be spent on completing...
JAKARTA -PT Nippon Indosari Corporindo Tbk (ROTI)recorded the highest dividend yield for the fiscal year (FY) 2023 among its peers in the processed food industry that are listed as constituents of Indeks52. There are six issuers in this industry, listed as Indeks52 constituents, with market capitalisation of over IDR 5 trillion. Based on IDNFinancials data...
MPX Logistics International Tbk (MPXL), a logistics and transportation company, has obtained a new contract from PT Krakatau Semen Indonesia (KSI). James S. Chandra, Corporate Secretary of MPXL, confirmed that the company has signed a Memorandum of Understanding (MoU) with KSI. In said contract, the company is set to transport Ground Granulated Blast Furnance Slag...
JAKARTA -PT Golden Energy Mines Tbk (GEMS) will distribute interim dividend for the fiscal year (FY) 2024 of USD 150 million, down 53.84% from the interim dividend allocation in FY 2023 of USD 325 million. Sudin, Corporate Secretary of GEMS, mentioned that the interim dividend will be disbursed on September 13, according to the Official...
JAKARTA – The performance of PT Indo Tambangraya Megah Tbk (ITMG)was being constrained in the first half (H1) of 2024 compared to H1 2023. Its revenue and net profit both slipped 19.24% and 56% year-on-year (yoy). Based on Financial Report of H1 2024 quoted today (23/8), the revenue was recorded at USD 1.04 billion, down...
JAKARTA - On Wednesday, August 21, foreign investors sold the most shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling around 2.04 billion shares with a net volume of -886.48 million shares. This contributed to an increase in the foreign sales volume, which topped 3.71 billion shares. Meanwhile, foreign buying volume was...
JAKARTA – Jakarta Stock Price Composite Index (JCI) climbed up at today’s opening bell (23/8). The index was seemingly recovering from sluggish trend it recorded yesterday, which was partly due to mass protest outside DPR demanding the cancellation of revised Regional Election (Pilkada) Bill. Monitoring the board, JCI was seen at 7,543.48 at 9.05 AM...