Tuesday, October 3, 2023

# corporate news

Latest news group about corporate news.

KB Bukopin to Issue $20m Green Credit to EV Firm INVI

These green credits are expected to support the development of Indonesia’s EV ecosystem.
Business 6 hours ago

IDX Poised to Break Membership Record

The IDX currently boasts more than 850 members.
Business Oct 1, 2023 | 12:57 am

GPS Distributor Sumber Sinergi Holds IPO

Sumber Sinergi is a distributor of global positioning system devices for automobiles that also offers installation services.
Business Sep 29, 2023 | 9:21 pm

Agung Podomoro Sells Neo Soho Mall for Rp 1.4 Trillion

Agung Podomoro claimed the transaction would have no impact on the company's operations and business continuity.
Business Sep 27, 2023 | 3:27 pm

Pantai Indah Kapuk Dua to Hold Rights Issue

The price for the new stock issuance has yet to be disclosed but the company said on Tuesday it expected to raise nearly Rp 9.5 trillion.
Business Sep 26, 2023 | 7:54 pm

Pertamina Seeks to Be Market Leader in Indonesia’s Carbon Trading

PNRE is in charge of becoming the trader within the Pertamina Group, according to Nicke as Indonesia launches its carbon exchange.
Business Sep 26, 2023 | 3:23 pm

Indika Energy Sells Coal Mine to Petrindo Jaya for $218 Million

The company aims to increase the share of non-coal businesses in its overall revenue to 50 percent by 2025.
Business Sep 25, 2023 | 11:45 am

Pertamina to Build Sustainable Energy Center in New Capital Nusantara

The sustainable energy center will lie in the city’s “area 5”, along with other facilities such as Pertamina Sustainability Academy.
Business Sep 23, 2023 | 8:46 am

Tripar Multivision to Acquire 30% Stake in B-Universe

The acquisition would be preceded by rigorous legal and financial due diligence.
Business Sep 22, 2023 | 7:10 pm

Entertainment Company Tripar Multivision Reaches Strategic Partnership with B-Universe

This collaborative partnership will involve MVP's investment in B-Universe as a free-to-air broadcaster.
Business Sep 20, 2023 | 5:14 pm

BNI Shareholders Approve 2:1 Stock Split to Attract Retail Investors

In the past three years until August 31, BNI's stock has witnessed a remarkable 79.9 percent increase.
Business Sep 19, 2023 | 10:09 pm

Nusatama Partners with Chinese Defense Firm Norinco to Construct Electric Truck Plant

Details regarding the financial commitment for this investment have not been disclosed.
Business Sep 19, 2023 | 9:53 pm

Antam Ordered to Pay Surabaya Businessman Rp 1 Trillion in 1 Ton Gold Dispute

Antam has exhausted all legal avenues in the protracted legal battle that began in early 2021.
Business Sep 18, 2023 | 9:37 pm

Indah Kiat to Acquire 3 Million SQM of Land for New Paper Factory in Karawang

A previous filing dated March 31 revealed that the land purchase agreement with these two companies is valued at Rp 247.93 billion.
Business Sep 14, 2023 | 1:30 pm

Airbus Offers SAF-Fueled Aircraft to Indonesia

SAF is an approved fuel for aviation that is a blend of up to 50 percent synthetic components made from waste products and kerosene.
Business Sep 6, 2023 | 9:14 pm

Bali's Lovina Beach Brewery Plans IPO to Fuel Expansion

The IPO is scheduled to take place from October 3 to October 6, with Artha Sekuritas serving as the underwriter.
Business Sep 6, 2023 | 6:15 pm

Sichuan Hebang Biotechnology Plans $800 Million Investment in Indonesian Chemical Plant

The China-based company plans to build a chemical factory in Java Integrated Industrial and Port Estate (JIIPE) in East Java.
Business Aug 31, 2023 | 5:52 pm

PepsiCo Returns to Indonesia with $200 Million Investment

PepsiCo is constructing a new snack factory in Indonesia to supply the local market and other halal markets.
Business Aug 31, 2023 | 12:53 pm

Cinema XXI Posts Rp 215 Billion First-Half Profit

Cinema XXI also reported a 22.3 percent rise in its audience figures, from 30.1 million to 36.9 million during the same period.
Business Aug 29, 2023 | 1:26 pm

All Assembly Lines at Toyota's Plants In Japan Shut Down by Computer Problems

The automaker doesn’t believe the problem was caused by a cyberattack but the cause is still under investigation.
Business Aug 29, 2023 | 12:02 pm