Monday, October 2, 2023

# corporate news

Latest news group about corporate news.

Waskita Karya Books $520M New Contracts

Waskita was also awarded infrastructure projects in neighboring Timor Leste worth a total of Rp 1.6 trillion.
Business Jul 19, 2023 | 4:16 pm

Garuda Details Rp 5T Spending after December Rights Issue

The rights issue in December provided Garuda with Rp 7.79 trillion in proceeds before being deducted Rp 21.5 billion in costs.
Business Jul 19, 2023 | 1:38 am

Tommy Soeharto’s Humpuss Maritim to Hold IPO

The offered price is put at Rp 100 per share as the company seeks a fresh capital of Rp 270.7 billion ($18 million).
Business Jul 17, 2023 | 5:22 pm

PTPP, Adhi Karya Win $540M Railway Project in Philippines

The contract agreement for the north-south commuter railway spanning 7 kilometers was signed at the Malacanan Palace in Manila on Thursday.
Business Jul 16, 2023 | 6:57 pm

Cirebon Businessman Buys 5% Stake in Coca-Cola Distributor Single-Handed

Hendriyanto Liem spent Rp 9.7 billion ($648,000) in three transactions, obtaining a 5.23 percent stake in Graha Prima.
Business Jul 14, 2023 | 11:36 pm

Tokopedia, GoPay Get Lion’s Share of GoTo IPO Proceeds

GoTo raised Rp 13.72 trillion from the public offering last year but had to spend Rp 153.4 billion on IPO costs.
Business Jul 14, 2023 | 1:27 pm

Mutu International Plans IPO in Early August

Mutuagung aims to raise up to Rp 103.7 billion ($7.2 million) in fresh capital with the initial public offering.
Business Jul 13, 2023 | 5:10 pm

Number of Air Traffic, Passengers Grows to Near Pre-Pandemic Levels

The number of cargo and passenger aircraft traffic stood at 274,906, which is 82 percent of the pre-pandemic levels.
Business Jul 13, 2023 | 4:38 pm

Two Pertamina Subsidiaries to Conduct IPO

Pertamina Bina Medika and Pertamina International Shipping seek to raise fresh capital to expand businesses with the IPO.
Business Jul 12, 2023 | 4:28 pm

Foxconn Exits $19.5B Semiconductor Joint Venture with India’s Vedanta

Foxconn, and Vedanta Limited announced their joint venture to manufacture chips and display panels in India in February 2022.
Tech Jul 12, 2023 | 12:16 pm

Government Urged to Acquire Commanding Stake at Vale

The government is encouraged to acquire at least 51 percent of the stake in Vale, the same thing it did with Freeport.
Business Jul 12, 2023 | 11:59 am

Alfamidi Offers Rights Issue to Raise $82M in Fresh Capital

Existing shareholders have the right to purchase 100 new shares for every 625 shares they currently hold at a price of Rp 270 per share.
Business Jul 11, 2023 | 1:40 pm

Graha Mitra Share Price Doubles after IPO

Since the IPO, Graha Mitra shares have been traded 7,992 times with a total value of Rp 23.61 billion.
Business Jul 11, 2023 | 10:59 am

Three New IDX Members Hit Circuit Breaker in Trading Debut

Platinum Wahan Nusantara, a restaurant chain, experienced a 34.55 percent surge in its share price to Rp 148.
Business Jul 10, 2023 | 2:24 pm

Waskita Karya Awarded Rp 1.3T Nusantara Project

Waskita has been given 390 days to complete the project before the new capital's inauguration in August next year.
Business Jul 8, 2023 | 12:52 pm

Cinema XXI to Raise Rp 2.4T from IPO

Cinema XXI currently operates 1,235 screens across 230 theaters in 71 cities.
Business Jul 7, 2023 | 9:01 pm

Amman Mineral Makes Indonesia’s Largest IPO in 2023

Amman Mineral Internasional (AMMN) raised Rp 10.73 trillion ($708.4 million), making it Indonesia’s largest IPO this year.
Business Jul 7, 2023 | 3:00 pm

Four Companies to Get Listed on IDX Next Week

The four companies are Widiant Jaya Krenindo (WIDI), Platinum Wahab Nusantara (TGUK), Carsurin (CRSN), and Graha Prima Mentari (GRPM).
Business Jul 7, 2023 | 2:40 pm

Sinarmas Land to Build Civil Servant Houses in Nusantara

The houses are specifically intended for civil servants at echelon I and II levels, while lower-ranking employees will reside in apartments.
Business Jul 6, 2023 | 11:32 pm

Amman Mineral Shares Oversubscribed by 13 Times during IPO

During the three-day IPO, Amman raised Rp 10.73 trillion ($712.5 million) in fresh capital.
Business Jul 6, 2023 | 4:24 pm