News & Event


October 15 2019
Bank Artos denies Gojek partnership rumors as shares surge
Bank Artos has denied rumors that it is to be acquired by on-demand service company Gojek to become the latter's partner bank, while its stock price surged fivefold amid the rumors. Bank Artos pres... Read more
The Jakarta Post - Read 0 times
October 15 2019
Bank Artos denies Gojek partnership rumors as shares surge
Bank Artos has denied rumors that it is to be acquired by on-demand service company Gojek to become the latter's partner bank, while its stock price surged fivefold amid the rumors. Bank Artos pres... Read more
The Jakarta Post - Read 0 times
October 15 2019
Duniatex considers conversion to resolve $1.5b debt problem
Duniatex, a group of Indonesian textile manufacturing companies, is considering debt conversion as an option to restructure a debt of $1.51 billion, its financial advisor said. The group missed i... Read more
The Jakarta Globe - Read 0 times
October 15 2019
Inalum signs preliminary agreement for Vale divestment
Indonesia Asahan Aluminium, the state-owned mining holding company, has entered into a preliminary agreement with PT Vale Indonesia Tbk and two of its shareholders – Vale Canada and Sumitomo Met... Read more
The Jakarta Globe - Read 0 times
October 15 2019
Inalum signs preliminary agreement for Vale divestment
Indonesia Asahan Aluminium, the state-owned mining holding company, has entered into a preliminary agreement with PT Vale Indonesia Tbk and two of its shareholders – Vale Canada and Sumitomo Met... Read more
The Jakarta Globe - Read 0 times
October 15 2019
Mahkota Group optimist to book Rp 5 trillion
PT Mahkota Group Tbk is still optimist to encourage its business amid some challenges in this year such as weakening crude palm oil price. In the first semester of this year, the company recorded lowe... Read more
Kontan - Read 0 times
October 15 2019
WOOD disburses 50% of capex
Entering third quarter of this year, PT Integra Indocabinet Tbk has disbursed Rp 100 billion of capital expenditure (capex), or equals to 50% from this year’s allocation at Rp 200 billion. The manag... Read more
Kontan - Read 0 times
October 15 2019
Garuda Indonesia grounds Boeing jet over cracks
PT Garuda Indonesia Tbk has grounded one of its Boeing 737-800 Next Generation (NG) following the finding of cracks. Garuda Vice Corporate Secretary M. Ikhsan Rosan stated that his side is waiting for... Read more
Tempo - Read 0 times
October 15 2019
LRT Jabodebek to accommodate 1,500 passengers one way: Luhut
Light rail transit or LRT Jabodebek of the Cibubur-Dukuh Atas route is targeted to run its operation in 2021. Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that the moder... Read more
Kontan - Read 0 times
October 15 2019
Adhi Karya cuts new contract target to 15%
PT Adhi Karya Tbk plans to revise its new contract target in this year that initially set at Rp 30 trillion. The revision will be around 10%-15% from the target. Until September 2019, the company has ... Read more
Bisnis Indonesia - Read 0 times
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