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...
JAKARTA. The Indonesian government will hold another auction of Government Sharia Securities (SBSN) or government sukuk on Tuesday (27/8) next week, with an indicative target of IDR 8 trillion. There are 7 SUN series that will be offered in the auction. The details consist of 2 series of SPNS (State Treasury Letters – Sharia) and...
JAKARTA – Broad money (M2) in circulation was reported reaching IDR 8.97 quadrillion in July 2024, up 7.4% year-on-year (yoy) from July 2023. However, this number was seen corrected from IDR 9.01 quadrillion seen in June 2024, up 7.75 yoy from June 2023. From broad money (M2) analysis report quoted Friday (23/8), the realisation of...
RMK Energy Tbk (RMKE), a coal mining logistics company, is offering loan facilities worth a total of IDR 416 billion to several affiliates. It was announced by the management of RMKE in the information disclosure in Indonesia Stock Exchange. Several affiliated companies that receive this loan facility are namely PT Rantaimulia Kencana (RMK), PT Royaltama...
Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has secured approval from shareholders to conduct a shares buyback. In the meeting held on August 21, 2024, 99.29% of AGRO’s shareholders agreed upon the plan of buyback that will take up budget of IDR 20 billion. In addition, shareholders...
JAKARTA -PT Summarecon Agung Tbk (SMRA)restructures its portion in PT Nusantara Selaras Sejati (NTSS), whose operation is located in Penajam Paser Utara, East Kalimantan. Jemmy Kusnadi, Corporate Secretary of SMRA, mentioned that 2.49 million shares or 99.99% of shares in NTSS owed by the company have been transferred to PT Setia Mitra Edudharma (SMED), another...
JAKARTA - PT Pantai Indah Kapuk Dua Tbk (PANI) booked net profit of IDR 286 billion in the first half (H1) of 2024, up 35% year-on-year (yoy) from IDR 211 billion seen in the same period in 2023. Sugianto Kusuma, President Director of PANI, mentioned that the company has recorded constantly positive performance. “With this...