Sarana Menara Nusantara Buyback. A limited liability company engage in investment and telecommunications support services in Indonesia. PT Sarana Menara Nusantara Tbk (TOWR) has begun executing the share buyback. Base on the disclosure of company information. Monday (17/8), TOWR carry out a buyback of 84.93 million shares during the period August 7 to August 13,.
Read More...Disney+ Hotstar Telkom Collaboration. Telekomunikasi Indonesia Tbk (TLKM) or Telkom is negotiating with The Walt Disney Company to bring Disney+ Hotstar streaming on broadband internet service, Indihome. This action is expect to be part of the two companies’ strategy to attract as many subscribers as possible in.
Read More...Jasa Marga Dominance. Currently, PT Jasa Marga (Persero) Tbk controls the market share of the toll road business by operating 1,165 kilometers of the total 1,527 kilometers of toll road concessions own by the Company. This is equivalent to 55% of the total length of toll roads that have been operating throughout.
Read More...PP Properti Bulk Selling. The international rating agency Fitch Ratings has lowered the long-term national rating of PT PP Properti Tbk (PPRO) from BBB- to CCC. Fitch said that the downgrade of PPRO reflected a weak liquidity condition, which could lead to an increase in refinancing.
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