JAKARTA - The Composite Stock Price Index (IHSG) was at 7,829.14 at the closing bell on Wednesday (18/9). The Indexs rate has been moving down since the opening bell at 09.00 WIB. Monitored until the close of stock transactions, the movement of IHSG at the opening of stock transactions had reached 7,873.39. However, approaching the...
JAKARTA. PT Sarana Menara Nusantara Tbk (TOWR) plans to conduct a capital raise with preemptive rights, also known as rights issue, to collect fresh funds of up to IDR 9 trillion. This corporate action will be held by TOWR after obtaining approval from Extraordinary General Meeting of Shareholders, which is scheduled to take place on...
JAKARTA. PT Industri dan Perdagangan Bintraco Dharma Tbk (CARS) has increased capital investment in PT Sarana Bangun Raharja (SBR), a subsidiary engaged in the automotive sector. Lina M. Ibrahim, Corporate Secretary of CARS, said that this additional capital investment is allocated through PT Bangun Rahmat Sejahtera (BRS). For the record, BRS is a subsidiary directly...
JAKARTA.PT Perusahaan Gas Negara Tbk (PGAS)has reportedly collaborated with PT ITDC Nusantara Utilitas (INU), a subsidiary of InJourney Tourism Development Corporation, to develop a gas network in tourism sector. Ratih Esti Prihatini, Director of Commercial of PGAS, mentioned that this partnership is the first step to fulfil the target of gas network construction target. “Hopefully,...
JAKARTA -PT MNC Digital Entertainment Tbk (MSIN)steps in as the new shareholder ofPT Tripar Multivision Tbk (RAAM)via private placement of 619.42 million shares, bought for IDR 500 each. The transaction is recorded totalling IDR 309.71 billion. In the information disclosure quoted Friday (13/9), Whora Anita Raghunath, President Director of RAAM, said that after this private...
JAKARTA. PT Waskita Toll Road (WTR), a subsidiary ofPT Waskita Karya (Persero) Tbk (WSKT), has channelled a loan facility worth IDR 270 billion to PT Cimanggis Cibitung Tollways (CCT). The loan is a non-revolving loan, and will be allocated gradually, according to the shareholder loan facility agreement dated September 10, 2024. For the record, WTR...
JAKARTA -PT Aneka Tambang Tbk (ANTM) partners with two regional state-owned enterprises (SOEs) to establish joint ventures designed to work on nickel mining development in Pongkeru Block, East Luwu, South Sulawesi. In the press release quoted Tuesday (17/9), Nico Kanter, President Director of ANTM, mentioned that the joint venture is meant to optimise nickel potential...
Solusi Sinergi Digital Tbk (WIFI), through its subsidiary, PT Integrasi Jaringan Ekosistem (Weave), has signed a partnership agreement with 50 internet service providers (ISPs) to provide internet infrastructure for 25 million household internet users. Yune Marketatmo, CEO of WIFI, mentioned that this strategic partnership is a part of the company’s commitment in reinforcing digital ecosystem...
JAKARTA – Jakarta Stock Price Composite Index (JCI) fluctuated at over 7,820 since the opening bell today (17/9) until 11 AM WIB. Arriving at over 7,800, JCI broke its highest record, after lounging around 7,200-7,500 for a while. Monitoring the index this morning, the index reached 7,824.41 at 11.15 AM WIB, slipping from 7,835.84 at...
JAKARTA – Indonesia’s trade surplus in August 2024 of USD 2.89 billion dropped 6.96% year-on-year (yoy) from USD 3.11 billion seen in August 2023. The same trend was spotted in trade surplus from January-August (8M) 2024 compared to 8M 2023. Based on Indonesia Statistics (BPS) data quoted Tuesday (17/9), non-oil and gas commodities in August...
