Protest at DPR, JCI sluggish throughout the day

JAKARTA – Jakarta Stock Price Composite Index (JCI) reportedly weakens throughout the day (22/8) amidst mass protest outside DPR/MPR Building to rule out Regional Election (Pilkada) Bill. Index trend is in total contrast with yesterday’s (21/8) trend that broke its highest record, following Constitutional Court’s decision to lower parliament threshold in DPRD for gubernatorial election....

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SMSM bags dividend of IDR 46.64 billion

JAKARTA -PT Selamat Sempurna Tbk (SMSM) scored dividend income of IDR 46.64 billion from two of its subsidiaries, PT Panata Jaya Mandiri (PJM) and PT Prapat Tunggal Cipta (PTC). Quoted from information disclosure Wednesday (21/8), Lidiana Widjojo, Corporate Secretary of SMSM, mentioned that PJM channels IDR 34.12 billion worth of dividend, and PTC, IDR 12.54...

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PPRO’s Louvin Apartment now 91% sold

JAKARTA -PT PP Properti Tbk (PPRO) successfully marketed 755 units out of 826 total units of Louvin Apartment in Jatinangor, East Bandung, West Java as of July 2024. Andek Prabowo, President Director of PPRO, mentioned that total marketed units are equal to 91.40% of total units available at Louvin Apartment, Jatinangor. “At the end of...

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