JAKARTA - On Thursday, September 18, foreign investors participated in selling significant amounts of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) shares, totaling 3.01 billion shares, for a net volume of -456.93 million shares. This figure accounted for approximately 57.80% of the entire foreign sales volume, which was 5.21 billion shares. Meanwhile, foreign...
JAKARTA. PT Master Print Tbk (PTMR), a company engaged in the trading and distribution of industrial packaging equipment, will release 435 million shares in an Initial Public Offering (IPO). The number of shares offered is equivalent to 22.81% of PTMRs issued and fully paid-up capital after the IPO. Each share has a nominal value of...
JAKARTA - PT Majukarya Mandiri Indonesia released97 million shares of PTBuana Lintas Lautan Tbk(BULL), the oil and gas tanker company,on Tuesday, September 17. Afterselling its shares through PT Henan Putihrai Sekuritas and three other securities, this investor immediately decreased its ownership from 5.95% to 5.26%. Remaining in the oil and gas industry, PT Shima Global...
JAKARTA - Foreign share selling activity on Thursday, September 19 resulted in a foreign selling volume of 5.99 billion shares. The largest contributor to this high number was the selling of 3.55 billion shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO), for a net volume of -1 billion shares. On the other hand,...
JAKARTA - PT Biomassa Lestari Nusantara (BLN), a joint venture between PT Dharma Energi Investama, a subsidiary of PT Dharma Satya Nusantara Tbk (DSNG) and PT Sumitomo Forestry Indonesia, a subsidiary of Sumitomo Forestry Co. Ltd, conducted a trial operation of the first wood pellet factory in Boyolali, Central Java. Andrianto Oetomo, President Director of...
JAKARTA. The Indonesian government once again will hold an auction of State Sharia Securities (SBSN) or State Sukuk on Tuesday (24/9) next week, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction, according to an official statement from the Directorate General of...
JAKARTA - On Wednesday, September 18, PT Barito Pacific Tbk, the company that owns nearly 20% of the shares of PT Chandra Asri Pacific Tbk (TPIA), released 8 billion shares of this petrochemical processing and manufacturing company. Barito Pacifics share portion fell by nearly half to 10.62% as soon as shares were sold through PT...
JAKARTA. The share price of PT Barito Renewables Energy Tbk (BREN) fell 19.95% to IDR8,825 per share at the start of trading today. The plunge in BRENs share price followed news of the removal of BREN shares from the FTSE Russel index. For the record, FTSE Russel is an index on the London Stock Exchange...
JAKARTA - Shareholders of PT Goto Gojek Tokopedia Tbk (GOTO) have appointed William Xiong as Chief Technology Officer (CTO). Williams presence at GOTO strengthens Alibaba Groups commitment to investing in this largest marketplace company. Patrick Walujo, Chief Executive Officer (CEO) of GOTO expressed his appreciation for Williams joining as GOTOs CTO. We welcome William as...
JAKARTA - PT Harimas Tunggal Perkasa purchased up to 3.1 billion shares of PT Impack Pratama Industri Tbk (IMPC) on Thursday, September 12. With the addition of shares through PT Ciptadana Sekuritas Asia, this investors share control increased to 18.86% from its previous holdings of approximately 7.13 billion shares, or 13.15% of the stakes. Impack...