Shareholders of Indonesian dairy giant Ultra Jaya Milk Industry & Trading Company ($ULTJ) are reportedly engaged in exploratory talks with Dutch cooperative FrieslandCampina regarding the potential sale of a minority stake and a broader strategic…
Van Eck Associates Bolsters Stake in BRMS: A…
In a notable move signaling increased institutional confidence, Van Eck Associates Corporation, a globally recognized investment management firm, has significantly ramped up its direct ownership in Indonesian mining powerhouse Bumi Resources Minerals Tbk (BRMS). This…
PNGO: Pinago Utama Unlocks Attractive ~4.3% Interim Dividend…
Savvy investors are turning their attention to PT Pinago Utama Tbk (PNGO) as the company officially announces plans to distribute a substantial interim dividend for its fiscal year 2025. This move signals a strong commitment…
CUAN: Petrindo Jaya Kreasi Fuels Growth with IDR…
Petrindo Jaya Kreasi (CUAN) is set to tap into the debt market, aiming to raise a substantial IDR 2 trillion through a combination of conventional bonds and Islamic sukuk. This strategic move, detailed in a…
FUTR: Futura Energi Global Pivots to Green Energy…
JAKARTA – Futura Energi Global (FUTR) is embarking on a transformative journey, strategically pivoting towards the burgeoning New and Renewable Energy (NRE) sector. Under the guidance of its new controlling shareholder, PT Aurora Dhana Nusantara…
ANTM: Aneka Tambang Bolsters Nickel Smelter Project with…
Jakarta, Indonesia – PT Aneka Tambang Tbk ($ANTM), a leading Indonesian state-owned mining company, has announced a significant capital injection of $159.6 million USD, equivalent to approximately IDR 2.6 trillion, into its joint venture subsidiary,…
Elang Mahkota Teknologi Strengthens Grip: EMTK Boosts Stake…
In a strategic move signaling robust confidence, Elang Mahkota Teknologi (EMTK), the parent company of Indonesian media giant Surya Citra Media (SCMA), significantly increased its ownership stake in late September 2025. This notable corporate action…
BBNI Under the Microscope: Finance Minister Demands Accelerated…
Indonesia's state-owned banking giant, PT Bank Negara Indonesia (Persero) Tbk (BBNI), finds itself at a critical juncture as Finance Minister Purbaya Yudhi Sadewa issues a clear mandate: significantly ramp up credit expansion or face a…
TOTAL BANGUN PERSADA (TOTL) Charts Ambitious Expansion Course
In a strategic move set to reshape its future, Total Bangun Persada ($TOTL), a prominent player in Indonesia's construction landscape, is poised for significant business diversification. The company plans to expand its operational scope into…