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...
JAKATA – Indeks52 High Dividend category reported several constituents recording dividend yield of over 5% for the fiscal year (FY) 2023. These issuers come from various industrial sectors in the stock exchange. Based on IDNFinancials data quoted Wednesday (21/8), these issuers in question include PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Astra Internasional Tbk...
JAKARTA - PT Federal International Finance/FIF Finance will issue Shelf-Registration Bond VI Phase IV Year 2024 of IDR 2.5 trillion. The bond will be issued in two series and guaranteed with full commitment. In the short prospectus quoted today (21/8), Bond Series A is said to be worth IDR 1.25 trillion and offered with a...
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...
Batavia Prosperindo Internasional Tbk (BPII), an investment and financial services holding company, has allocated extra capital of SGD 1.68 million or equal to IDR 20 billion. Said additional capital is given to Batavia Prosperindo Pte. Ltd. (BPD), which, for the record, is BPII’s subsidiary listed in Singapore. The management of BPII also said that this...
JAKARTA. Chief Executive of Banking of Financial Services Authority (OJK), Dian Ediana Rae, believes that the current high non-performing loan (NPL) ratio is cyclical in nature, meaning that it may fluctuate according to changes in economic condition. Said notion responds to the trend in which several banks reported high NPL rates, even close to the...
FAP Agri Tbk (FAPA), a palm oil manufacturer, reported dividend income of IDR 47.5 billion. The dividend was received from its subsidiary, PT Tirta Madu Sawit Jaya (TMSJ). According to IDNFinancials data, TMSJ is a business entity engaged in the palm plantation and palm oil refinery. This subsidiary has been operating in North Kalimantan since...
JAKARTA. PT Oto Multiartha, a financing company formed by PT Bank BTPN Tbk (BTPN) and PT Sinar Mas Multiartha Tbk (SMMA), will issue Shelf-Registration Bond I Phase II Year 2024 with total principal of IDR 700 billion. This bond is a part of a more extensive public offering program of Shelf-Registration Bond I of Oto...
Arkora Hydro Tbk (ARKO), a holding company engaged in the renewable energy sector, has obtained a loan facility worth IDR 223 billion for the establishment of Tomoni Hydropower Plant. Said loan facility agreement had been signed by PT Arkora Hydro Malili (HAM), ARKO’s subsidiary, and PT Sarana Multi Infrastruktur (SMI) on August 15, 2024. Aldo...
JAKARTA – Modalku, a fintech platform, is partnering with Lotte Grosir to provide term financing for raw material purchase for Micro, Small, and Medium Enterprises (MSMEs). Arthur Adisusanto, Country Head of Modalku, mentioned that retail sector has become one of main focuses of Modalku this year. “We see great potential in it because retail products...