Ultrajaya Milk Industry & Trading Company (ULTJ) stands at the precipice of a significant corporate overhaul. The Indonesian dairy giant is embarking on an ambitious rights issue, a strategic move poised to usher in a…
Eramet’s Weda Bay Nickel Divestment: A Catalyst for…
French mining powerhouse Eramet is poised to reshape the Indonesian nickel landscape, announcing its intent to divest a significant minority stake in PT Weda Bay Nickel (WBN). This strategic move, aimed at bolstering Eramet's financial…
INDF Stock: Indofood Sukses Makmur Anchors Market with…
Indonesia's consumer staple titan, Indofood Sukses Makmur Tbk (INDF), is charting a course for enhanced shareholder value, unveiling a substantial share repurchase program. The company plans to allocate up to IDR 750 billion (approximately USD…
ICBP (Indofood CBP) Unleashes IDR 750 Billion Stock…
Jakarta, Indonesia – In a decisive move set to energize the market, consumer goods giant Indofood CBP Sukses Makmur, known by its stock code ICBP, has announced a significant share repurchase program. This strategic initiative,…
AKRA (PT AKR Corporindo Tbk): Q3 2026 Earnings…
PT AKR Corporindo Tbk (AKRA) delivered a powerful performance in the third quarter of 2026, reporting a substantial net profit of Rp780 billion. This result not only marked a solid 1% quarter-on-quarter increase but also…
PACK Stock (PACK): A Nickel Power Play with…
JAKARTA — PACK (Abadi Nusantara Hijau Investama) is poised for a transformative leap, announcing a colossal rights issue aiming to raise up to US$463 million (approximately Rp8.2 trillion). This ambitious capital raise is earmarked primarily…
Merdeka Gold Resources (EMAS) Fuels Growth with Strategic…
Merdeka Gold Resources (EMAS), a prominent player in the gold sector, is poised for a significant capital infusion, announcing plans for a private placement of up to 1.5 billion new shares. This proactive maneuver, while…
CIMB Group Eyes Strategic Delisting of BNGA (PT…
CIMB Investment Bank, in a pivotal research note issued on Wednesday, October 21st, revealed that CIMB Group Holdings is actively weighing a significant strategic move: taking its Indonesian banking subsidiary, PT Bank CIMB Niaga Tbk…
SCMA: Surya Citra Media (SCMA) Unleashes Robust Interim…
Surya Citra Media (SCMA), a leading Indonesian media conglomerate, is set to reward shareholders with a significant interim dividend for fiscal year 2026. This attractive payout of Rp8.4 per share translates to an impressive indicative…