JAKARTA — The release of 713.16 million shares of PT Bumi Resources Minerals Tbk (BRMS) by foreign investor 1st Financial Company Limited was the focus of market hintson Monday, January 6, by investors who owned 5% or more of shares. ThroughDeutsche Bank AG, this investors stake in the mineral mining company dropped from 10.05% to...
JAKARTA – PT Satria Andalan Prima Tbk (SAPX) expressed its optimism in reaching revenues of up to IDR 800 billion this year, with a focus on corporate clients. “We are targeting revenue growth of 25-30% this year, aiming to achieve IDR 750-800 billion by 2025,” stated Denny Parhan, Corporate Secretary of SAPX, during a virtual...
JAKARTA – PT Asuransi Digital Bersama Tbk (YOII) officially listed its shares on the Indonesia Stock Exchange (IDX) on Wednesday (8/1), with its shares hitting the Upper Auto Reject (ARA) limit in early trading. YOII offered 412,087,500 shares through its Initial Public Offering (IPO) at Rp100 per share, raising a total of Rp41.2 billion. At...
JAKARTA – PT Bukit Asam Tbk (PTBA) reported its exploration activities for the fourth quarter (October-December 2024). The activities were carried out by PTBA’s internal team along with a third-party mining service contractor. Corporate Secretary of PTBA, Niko Chandra, explained that the exploration was conducted in the Tanjung Enim area using coring, open hole, and...
JAKARTA—On Wednesday, January 8, foreign investors did not engage in as many stock purchases and sales as they had the day before. Only about 2.50 billion shares were purchased, compared to 3.67 billion shares sold. At a net sell position of 1.16 billion shares, the netforeign concludedtoday as well. At the top of the list...
JAKARTA - PT Habco Trans Maritima Tbk (HATM) has established a joint venture with Seacon Crew Management Co. Ltd, a Hong Kong-based ship management company. The joint venture is named PT Habco Segara Crewing (HSC). HSCs paid-up and issued capital is IDR10 billion divided into 10,000 shares. HATM deposited capital of IDR5.1 billion representing 5,100...
JAKARTA – Soul Parking, a parking management service provider based in Indonesia, has concluded its Series A+ funding round led by AppWorks dan AC Ventures The amount of investment raised by Soul Parking is not publicly disclosed. However, according to the statement received by IDNFinancials, the funding round also noted participations of several renowned investors,...
JAKARTA -PT MNC Energy Investments Tbk (IATA) will issue 20.19 billion series B shares worth IDR 50 each. In this corporate action, each shareholder is entitled to 4 new shares. In the prospectus quoted today (7/1), this corporate action plan is said to have secured approval from Extraordinary General Meeting of Shareholders on December 18,...
JAKARTA - Yos Effendi Susanto, the ultimate beneficial owner of the shares ofPT Famon Awal Bros Sedaya Tbk (PRAY), has reportedly increased his portion by 3 million shares in last week’s (30/12) transaction. In the information disclosure quoted Tuesday (7/1), Leona Agustine Karnali, Director and Chief Executive Officer of PRAY, mentioned that the transaction is...
JAKARTA - After a year of listing on the capital market, the share performance of PT Citra Nusantara Gemilang Tbk (CGAS) fell 69.82% to IDR 102 per share from IDR 338 per share. Data compiled by IDN Financials, Tuesday (7/1), CGAS share price in the afternoon trading session touched IDR101 per share. The lowest price...