Shares of Mitrabara Adiperdana (MBAP), member of Baramulti Group, surged by 12.31% to Rp3,650 on Thursday (Aug 29) even when the company’s net profit crashed by 49%. Shares of Baramulti Suksessarana (BSSR), in the meantime, ended higher by 4.5% to Rp4,880.
Read MoreThe drama regarding the implementing regulations for the 2024 simultaneous Regional Leaders Elections is finally over, hopefully, after the amendment to the General Elections Commission Regulation (PKPU) No. 8/2024 concerning...
Read MoreYears ago the Corruption Eradication Commission (KPK) first announced its investigation into allegations of corruption involving State-owned insurance company PT Asuransi Jasa Indonesia (Jasindo). The lengthy process of...
Read MoreShares of PT Net Visi Media Tbk (NETV), owner of NET TV, ended at Rp89 on Wednesday (Aug 28) to make a market capitalisation of Rp2.09 trillion. NET TV launched initial public offering (IPO) at Rp196 per share in early 2022 with PT NH Korindo Sekuritas Indonesia as lead underwriter.
Read MoreThere were media reports last year about PKPU lawsuit filed by EPC contractor PT Tatamulia Nusantara Indah against PT Narendra Interpacific Indonesia, developer of the Shangri-La Resorts and Hotel at Nusa Dua tourism complex, Bali Island. The lawsuit was filed due to Rp76.6 billion overdue receivables since December 2018.
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