Wings Group, widely known for its consumer goods business, has expanded in various businesses in the past few years. The most notable, of course, is its joint venture with Djarum Group in the sugar plantation and mill. But, like other major business groups, Wings also...
Wings Group’s Bank Multiarta Sentosa (MASB) sold shares through IPO at Rp3,360 per share last year, but now traded around Rp3,430 only. The stock, unlike those selling ‘digital bank’ story, only peaked at Rp3,600. At the last quoted price, MASB has market...
Wings Group is one of the largest business groups yet to list its key subsidiaries in the stock exchanges. The only entity in the stock market is PT Bank Multiarta Sentosa (MASB) Tbk, a ‘digital bank’ with market capitalization of Rp4.21 trillion. The IPO of MASB last...
Touchten was founded by Anton Soeharyo. Anton Soeharyo and his brother Rokimas Soeharyo founded the company back in April 2009 while living in Tokyo. The game was also developed with their cousin Dede Indrapurna. The company has secured several funding. In 2019,...
Tjahjo Kumolo, minister of state apparatus and bureaucratic reform (Menpan RB), who is senior politician from PDIP, has passed away at Abdi Walujo hospital, Jakarta Friday (July 1st). Born December 1st, 1957 in Surakarta, Central Java, Tjahjo was interior minister in...
The overheated global venture capital climate might have eventually cooled down in recent months, but national media reported that last Monday Fresh Factory, an integrated cold chain fulfillment and enabler startup, secured US$4.5 million of seed funding led by East...
So, Henry Surya, son of Surya Effendy (founder of Indosurya Group), has recently been released from the police custody as time lapsed before the State prosecutor concluding dossiers related to Kospin Indosurya scandal (US$1 billion plus losses). The chief detective of...
Media reported yesterday that digital bank, Bank Neo Commerce (BBYB) cooperated with digital gold trader Lakuemas Indonesia (Lakuemas) for getting the easier access to gold commodity for its customers to purchase and sell gold through bank application. This is an...
FKS is one of the largest, yet underreported, business groups in the country with interest in various sectors including agriculture, food, coal mining, and logistics. The group is one of the largest importers of soybeans through IDX-listed PT FKS Multi Agro Tbk (FISH)...
Bank Capital (BACA), ultimately controlled by businessman Danny Nugroho, issues 19.96 billion new shares with preemptive rights. The bank, which is only valued less than half of its equity, has to raise funds to strengthen its equity because the capital adequacy ratio...
