In a significant move poised to impact the Indonesian telecommunications sector, PT Link Net Tbk (LINK)'s controlling shareholder, Axiata Investments (Indonesia) Sdn. Bhd., has reportedly executed a substantial share divestment. This strategic realignment, announced in…
Jakarta-listed mining giant PT Aneka Tambang Tbk (ANTM) has delivered an electrifying performance, posting a staggering 203% year-on-year surge in net profit for the first half of 2025 (1H25). This monumental achievement, reaching IDR 4.7…
Indonesian coal powerhouse Baramulti Suksessarana (BSSR) delivered a compelling second-quarter performance in 2025, demonstrating significant operational agility despite prevailing market headwinds. The company posted a robust net profit of US$30 million for Q2 2025, marking…
Indonesia’s prominent resources player, Adaro Andalan Indonesia (AADI), has announced its First Half 2025 (1H25) financial results, reporting a net profit of $429 million. Despite a 50.1% year-on-year (YoY) decline, these figures have significantly exceeded…
In a significant corporate maneuver, PT Elang Mahkota Teknologi Tbk (EMTK), the controlling shareholder of media powerhouse PT Surya Citra Media Tbk (SCMA), has incrementally increased its ownership. This latest acquisition, involving approximately 38.2 million…
PT Bank Tabungan Negara (Persero) Tbk (BBTN) has demonstrated strong financial resilience, reporting a net profit of IDR 1.7 trillion for the first half of 2025. This impressive 14% year-on-year surge slightly exceeded consensus estimates,…
In a significant move that sent ripples through the Indonesian stock market, Barito Renewables Energy (BREN), a powerhouse in the burgeoning renewable energy sector, has witnessed a substantial reshuffling of its ownership structure. A key…
Reports are circulating that Merdeka Copper Gold (MDKA)'s highly anticipated Pani Gold Project subsidiary is gearing up for a significant Initial Public Offering (IPO). This strategic move, aiming to tap into robust investor appetite, could…
United Tractors (UNTR), a key diversified player in Indonesia's heavy equipment, mining, and energy sectors, has unveiled its operational updates for July 2025. The company demonstrates robust performance in its core heavy equipment distribution arm,…
PANI, or Pantai Indah Kapuk Dua, is set to significantly bolster its financial position through a strategic private placement, injecting IDR 300 billion into the company. This move, announced recently and detailed in an official…