Search result for: "Indonesia Stock Exchange"

Media Nusantara Citra Revenue Optimism. A company engaged in the media field based in Jakarta, Indonesia, found by Hary Tanoesoedibjo, Media Nusantara Citra Tbk (MNCN IJ). The existence of the Covid-19 pandemic made many companies reduce spending on advertising. This has an impact on the media sector, including.

Surya Citra Media Buyback Realization. A company engaged in the content-based media industry. Surya Citra Media Tbk (SCMA IJ) has realize its stock buyback plan. With a total of 568,398,000 shares value at IDR 519.69 billion. SCMA Corporate Secretary Gilang Iskandar said this realization was in line with the approval of the buyback.

Tiphone Selective Default. The cellular vouchers distributor company Tiphone Mobile Indonesia Tbk (TELE IJ) fail to pay interest on a bank syndicate loan. That matures in March 2020. That is why, the Indonesia Credit Rating Agency (Pefindo) downgraded Tiphone. From BB+ to Selective Default. Based on Pefindo, Tiphone has a syndicate loan from Standard Chartered.

Pandemic Impact on KMI Wire. Issuers engage in the manufacturing sector have also been affect by the Corona outbreak (Covid-19). As experience by KMI Wire & Cable Tbk (KBLI IJ). Launching information disclosure on the Indonesia Stock Exchange (IDX) website. The Covid-19 virus has an impact on the shutdown of some of the cable issuer’s.

Pinehill Acquisition Impact on Indofood CBP. Indofood CBP Sukses Makmur Tbk (ICBP IJ) signed an agreement with Pinehill Corpora Limited and Steele Lake. The transaction, which was signed on Friday (05/22), is worth USD 2.99 billion, equivalent to IDR 44.25 trillion. ICBP will pay for the acquisition of USD 300 million with internal cash generated.

Pinehill Company Business. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has sign an agreement with Pinehill Corpora Limited and Steele Lake Limited. As well as, the contents of the agreement are the transfer of shares issued by Pinehill Company Limited. A limited company established under the laws of the British Virgin.

Pakuwon Jati Cuts Marketing Sales. Economic pressure due to the COVID-19 global pandemic was also felt by property companies such as, Pakuwon Jati Tbk (PWON IJ). Director of Pakuwon Jati, Ivy Wong, said that the number of coronavirus patients, which is still increasing and the implementation of large-scale social restrictions (PSBB), complicates the current condition.

Renewable Energy for Retail. Solar panel development company, Sky Energy Indonesia Tbk (JSKY IJ) continues to plan to develop the plant amid business pressure due to the Coronavirus COVID-19 global pandemic. Developers of new renewable energy must increase production capacity because the demand for solar panels will.

Tjiwi Kimia Debt Mature. This year, Tjiwi Kimia Tbk (TKIM IJ) paper factory has debts of USD 39.28 million, EUR 813,855.26 and 133.3 million.

Biography: Lukman Hakim. Next month, even a year Lukman Hakim will be the Director of Panca Budi Idaman Tbk (PBID IJ). It took him 13 years to sit on the Board of Directors level since joining the Panca Budi Group in.