Archives

  1. Uncategorized
provident-capital-to-acquire-54-58-of-palm

JAKARTA – The portion of PT Provident Capital Indonesia (PCI) will rise to 54.58% by the end of the tender offer of 10.41% of shares of PT Provident Agro Tbk (PALM). In said corporate action, CPI plans to acquire a maximum of 736,728,500 shares owned by PALM’s shareholders. In the information disclosure quoted Monday (25/7),....

telkomsel-divested-6-thousand-towers-for-idr-10-28-trillion

JAKARTA. PT Telekomunikasi Selular (Telkomsel), a subsidiary of PT Telkom Indonesia Tbk (TLKM), has transferred 6 thousand units of telecommunication towers to PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel for IDR 10.28 trillion. Those towers reassigned to Mitratel will then be leased to Telkomsel. In addition to this, Mitratel will also lease 712 land plots....

astrindo-nusantara-infrastruktur-to-acquire-ptt-mining-for-usd-471-million

JAKARTA. PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an oil and gas mining company, has signed the share purchase agreement (SPA) regarding the takeover of PTT Mining Ltd, Hongkong (PTTML) from PTT International Holdings Limited and PT Sintesa Bara Gemilang. Kurniawati Budiman, Corporate Secretary of BIPI, confirmed that the SPA was signed by the representatives of....