Financial markets are abuzz following global index provider MSCI's preliminary findings for the February 2025 index review. In a significant development that could reverberate through Indonesian equities, prominent stocks BREN, CUAN, and PTRO will not…
JAKARTA – Petrindo Jaya Kreasi Tbk. ($CUAN) is making an electrifying move in Indonesia’s burgeoning energy sector. Through its subsidiary, PT Volta Daya Energi Indonesia, the company has announced a landmark agreement to acquire a…
Petrindo Jaya Kreasi (CUAN) is set to tap into the debt market, aiming to raise a substantial IDR 2 trillion through a combination of conventional bonds and Islamic sukuk. This strategic move, detailed in a…
In a strategic move to enhance market liquidity and broaden investor participation, key shareholders in Indonesia's prominent companies, Barito Renewables Energy (BREN), Petrosea (PTRO), and Petrindo Jaya Kreasi (CUAN), executed significant share sales throughout August…
In a significant development for the Indonesian stock market, billionaire Prajogo Pangestu, the controlling shareholder of PT Petrindo Jaya Kreasi Tbk (CUAN), has executed a substantial share sale. This strategic divestment, involving 1 billion CUAN…
JAKARTA – Petrindo Jaya Kreasi Tbk (CUAN), a significant player in Indonesia's mining landscape, has decisively addressed recent market speculation. The company categorically denied any immediate plans for an Initial Public Offering (IPO) of its…
MSCI has announced a significant shift in its index methodology, revoking the "exceptional treatment" status for Indonesian powerhouses Barito Renewables Energy (BREN), Petrindo Jaya Kreasi (CUAN), and Petrosea (PTRO). This decision means these prominent stocks…
Petrindo Jaya Kreasi, publicly traded under the ticker CUAN, has officially announced a revised timeline for its highly anticipated 1-for-10 stock split. Originally slated for July 10, 2025, the corporate action will now take place…
In the midst of market turmoil, CUAN managed to record an impressive performance with a net profit that soared to 929% year-on-year (YoY) in 2024. This was revealed in their latest financial report for the…