Chandra Daya Investasi (CDIA) has seen a significant show of confidence from its Commissioner, Andre Khor Kah Hin, who recently made a substantial insider purchase. Valued at a staggering IDR 12 billion, this acquisition of…
ARNA: Arwana Citramulia’s 2Q25 Earnings – Revenue Climbs,…
Indonesia's ceramic titan, PT Arwana Citramulia Tbk (ARNA), revealed its financial performance for the second quarter of 2025 (2Q25), painting a picture of robust top-line expansion tempered by an escalating cost environment. While revenue surged,…
HMSP: Indonesia’s Tobacco Giant Gains Ground Amidst Market…
PT Hanjaya Mandala Sampoerna Tbk (HMSP), a dominant force in the Indonesian tobacco sector, navigates a challenging landscape by bolstering its market share, even as traditional cigarette volumes experience a consistent decline. Recent data, as…
CUAN (Petrindo Jaya Kreasi) Squashes PT Intam IPO…
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…
Strategic Play: ASII Subsidiary Poised to Acquire Majority…
In a significant corporate maneuver, PT Saka Industrial Arjaya, a subsidiary of Indonesian conglomerate Astra International (ASII), has inked a definitive agreement to acquire an 83.67% majority stake in listed property developer Mega Manunggal Property…
Garuda Indonesia (GIAA): Charting a Course Towards Financial…
Jakarta's aviation giant, PT Garuda Indonesia (Persero) Tbk (GIAA), is actively pursuing a comprehensive financial restructuring, poised to rejuvenate its balance sheet and propel future growth. The national flag carrier recently announced its intent to…
Prajogo Pangestu Amplifies Stake in BREN: A Billionaire’s…
Indonesia's prominent billionaire, Prajogo Pangestu, has made a significant move, further solidifying his commitment to Barito Renewables Energy (BREN). As the controlling shareholder, Pangestu recently acquired an additional 3 million shares of BREN, signaling a…
Petrosea (PTRO) Secures Landmark $135 Million BBNI Term…
Petrosea (PTRO), a prominent Indonesian multi-disciplinary mining, infrastructure, and oil & gas services company, has successfully solidified its financial foundation by signing a significant senior term facility worth US$135 million, approximately IDR 2.2 trillion, with…
EMTK Bolsters Dominance: Acquires IDR 38.4 Billion in…
PT Elang Mahkota Teknologi Tbk (EMTK), the controlling shareholder of media giant PT Surya Citra Media Tbk (SCMA), has significantly increased its stake in the latter through a substantial open market purchase. This strategic move…