JAKARTA – In a significant move signaling robust conviction, Pyridam Farma (PYFA)'s controlling shareholder, Rejuve Global Investment Pte. Ltd., has substantially increased its ownership. This strategic acquisition, valued at hundreds of billions of rupiah, underscores…
MDRN (Modern Internasional) has announced a groundbreaking collaboration set to reshape Indonesia's aerospace manufacturing landscape. This strategic alliance with PT Dirgantara Indonesia and Genertec positions MDRN at the forefront of industrial innovation, signaling a pivotal…
JAKARTA – Telkom Indonesia (TLKM) is reportedly reigniting plans to divest a stake in its burgeoning data center arm, NeutraDC. This strategic move aims to capitalize on the soaring global appetite for digital infrastructure assets,…
Investors in PT United Tractors Tbk (UNTR) are on high alert as a critical decision regarding the operating permit for the Martabe gold mine approaches. The Indonesian government is set to announce its verdict on…
Elang Mahkota Teknologi (EMTK) has significantly increased its direct ownership in subsidiary Surya Citra Media (SCMA), signaling robust confidence in the media powerhouse. Through a series of strategic market purchases on February 10-11, 2026, EMTK…
JAKARTA – Indonesian telecommunications giant, PT XL Axiata Tbk (EXCL), has reported a significant financial downturn, logging a net loss of IDR 4.4 trillion for the full fiscal year 2025. This stark reversal from a…
Medco Energi Internasional (MEDC), a leading Indonesian energy company, is charting an ambitious course for growth, targeting aggressive expansion across Southeast Asia and the Middle East. President Director Hilmi Panigoro recently unveiled this strategic pivot…
UNVR, Unilever Indonesia, delivered a stellar financial performance in 2025, reporting a full-year net profit of IDR 7.64 trillion, a staggering +127% year-on-year (YoY) surge. This impressive leap was significantly bolstered by a substantial gain…
Jakarta, Indonesia – In a significant forward-looking transaction, Elang Mahkota Teknologi (EMTK), the controlling entity behind Sarana Meditama Metropolitan Tbk (SAME), has announced a substantial increase in its ownership of the healthcare provider. This strategic…
A significant shift in ownership has sent ripples through the market for Indonesian coal giant Bumi Resources (BUMI). As of January 31, 2026, Chengdong Investment Corporation has notably reduced its direct stake in BUMI, dropping…