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…
In a significant move impacting the ownership structure of PT WIR Asia Tbk (WIRG), its key shareholder, PT Laut Biru Teknologi, executed a substantial share divestment. This transaction, valued at approximately IDR 88 billion, has…
PT PP (Persero) Tbk, widely known as PTPP, has announced a significant win: a lucrative IDR 3.35 trillion contract to construct the Batam Gas and Steam Power Plant (PLTGU Batam) for state-owned electricity giant PLN.…
Investors in Wir Asia Tbk (WIRG) are taking note as key shareholder PT Laut Biru Teknologi recently executed a significant share divestment. This move, involving the sale of hundreds of millions of shares, has reshaped…
In a significant stride towards strengthening national energy resilience, Indonesia's upstream oil and gas regulator, SKK Migas, announced today that state-owned gas distributor Perusahaan Gas Negara (PGAS) has commenced receiving a crucial 27 billion British…