JAKARTA – State-owned steel giant Krakatau Steel (KRAS) has significantly strengthened its financial position, announcing the successful receipt of a substantial shareholder loan totaling approximately IDR 4.94 trillion from Danantara Asset Management. This critical capital…
PT Sinergi Inti Andalan Prima (INET) is poised for a significant growth chapter, having secured an effective statement from the Financial Services Authority (OJK) on December 22, 2025, for its upcoming rights issue. This substantial…
Indosat Ooredoo Hutchison (ISAT), a leading Indonesian telecommunications powerhouse, has made a decisive move to unlock significant value from its infrastructure assets. The company announced a groundbreaking IDR 14.6 trillion fiber optic asset transfer into…
In a significant move impacting Impack Pratama Industri Tbk (IMPC), major shareholder PT Harimas Tunggal Perkasa executed a substantial divestment. The transaction, valued at approximately Rp944.7 billion (around USD 60 million), aims to achieve investment…
Jakarta, Indonesia In a notable market maneuver, Ascendia Capital Indonesia has acquired a significant 5.09% direct ownership stake in Ketrosden Triasmitra (KETR), an Indonesian telecommunications infrastructure company. This high-profile transaction, executed on December 15, 2025,…
Indonesia's coal giant, PT Bumi Resources Tbk (BUMI), is boldly diversifying its portfolio, making a significant pivot away from its traditional coal reliance. The company recently announced the acquisition of a controlling stake in Australian…
PT Darma Henwa Tbk (DEWA), a significant player in Indonesia's mining services sector, has successfully secured a substantial IDR 1 trillion credit facility from the leading financial institution, PT Bank Central Asia Tbk (BBCA). This…
Merdeka Battery Materials (MBMA) has delivered an electrifying performance in the third quarter of 2025, reporting a robust net profit of US$19 million. This significant turnaround from previous periods underscores the company's escalating momentum in…
Jakarta, Indonesia – Leading Indonesian coal producer, PT Adaro Energy Indonesia Tbk. (ADRO), has announced a substantial interim dividend payout for the 2025 financial year. This strategic move promises a compelling return for shareholders, with…