JAKARTA – Leo Andyanto, the ultimate beneficial owner of the shares in PT Leyand International Tbk (LAPD), has increased his stake to 7.52% following a transaction on December 30. According to data compiled by IDN Financials on Monday (6/1), Leo Andyanto purchased 70 million shares in two tranches—65 million and 5 million shares—at prices of...
JAKARTA – Foreign capital inflow into Indonesia’s capital markets throughout 2024 reached IDR 212.39 trillion, according to Bank Indonesia. This figure represents foreign net purchases (net buy) in the stock market, government bonds (SBN), and Bank Indonesia Rupiah Securities (SRBI). Specifically, foreign net buy in the stock market amounted to IDR 15.74 trillion, in SBN...
JAKARTA – The Indonesia Stock Exchange (IDX) recorded the top five gainers among the 20 leading gainers for December 2024, compared to November 2024. According to data compiled by IDN Financials on Monday (6/1), the top five gainers were PT Geoprima Solusi Tbk (GPSO),PT Aesler Grup Internasional Tbk (RONY),PT Exploitasi Energi Indonesia Tbk (CNKO),PT Krida...
JAKARTA – The stock performance of PT Asri Karya Lestari Tbk (ASLI) has dropped by 50% in the year since its debut on the stock market on January 5, 2024. According to data compiled by IDN Financials on Monday (6/1), ASLI shares are priced at IDR 50 per share, unchanged from the previous week (3/1)...
JAKARTA - PT Kereta Api Indonesia (Persero) has refinanced the principal of its 2017 Shelf Registration Bonds I and 2019 Shelf Registration Bonds II with a total value of IDR 1.49 trillion. In an information disclosure quoted on Monday (6/1), the source of refinancing for the two bonds was the issuance of Shelf Registration Bond...
JAKARTA –PT Multi Medika Internasional Tbk (MMIX) joins hands with Fujian Nicepaper Hygiene Products Co. from China to establish a joint venture called PT Multi Nice Paper Indonesia (MNPI). Mengky Mangarek, President Director of MMIX, mentioned that the joint venture will be engaged in the tissue paper and non-woven fabric industry. The authorised capital, as...
JAKARTA –PT Rukun Raharja Tbk (RAJA) has scored an “idA+” rating from Pemeringkat Efek Indonesia (Pefindo), a local rating agency, nearing the listing of one of its subsidiaries, PT Raharja Energi Cepu Tbk (RATU). Pefindo mentioned that the rating reflects RAJA’s solid market position. In addition, RAJA is thought to have a secure contract scheme...
JAKARTA - PT Manning Development (MD) is known to have divested 4.12% of PT Indonesia Prima Property Tbk (OMRE)in a transaction last week (27/10). In the information disclosure quoted Friday (3/1), Neneng Nurjanah, Corporate Secretary of OMRE, confirmed that MD had divested 121.36 million shares, bringing its portion down to 1.01 billion, or 34.43% of...
JAKARTA – PT MNC Kapital Indonesia Tbk (BCAP) will issue and offer Shelf-Registration Bonds V MNC Kapital Indonesia Phase I Year 2024 with a principal amount of IDR 500 billion. According to a disclosure on the Indonesia Stock Exchange (IDX) on Thursday (2/1), BCAP is targeting to raise IDR 555 billion through this bond offering....
JAKARTA - PT Waskita Karya (Persero) Tbk (WSKT) will increase the capital of its subsidiary, PT Kresna Kusuma Dyandra Marga (KKDM), through another subsidiary, PT Waskita Toll Road (WTR). The transaction is carried out regarding the capital restructuring for subsidiary to optimise KKDM’s performance. Based on information disclosure in Indonesia Stock Exchange (IDX) today (2/1),...