Singapore's GIC Private Becomes New Controller of Bank Jago
Sovereign Wealth Fund owned by the Singapore government, GIC Private Limited will become the new shareholder of PT Bank Jago Tbk (ARTO) through a limited public offering scheme through additional capital by providing HMETD (private placement) II.
IDX Suspends Trading in BVIC, MARI Shares
The Indonesia Stock Exchange temporarily suspended trading in shares of PT Bank Victoria International Tbk (BVIC) and PT Mahaka Radio Integra Tbk (MARI) on Friday (26/2).
Adi Sarana Obtains Rp275 Billion Credit Facility from BTN, BTPN
PT Adi Sarana Armada Tbk (ASSA) obtained a credit facility worth Rp275 billion from PT Bank BTPN Tbk (BTPN). Adi Sarana signed the credit facility agreement with the banks on February 23, 2021, said Corporate Secretary Hindra Tanujaya.on Friday (26/2).
Vale Indonesia Sales Falls 2 Percent to US$764.7 Million
PT Vale Indonesia Tbk (INCO) recorded sales throughout 2020 of US$764.7 million, down 2 percent from the previous year's US$782 million.
JCI Seen to Continue Strengthening
The Jakarta Composite Index (JCI) today, Friday (26/2), is predicted to continue strengthening.
Astra International Net Profit Falls 25.53 Percent to Rp16.164 Trillion in 2020
PT Astra International Tbk (the ASII) posted a decrease in profit attributable to the parent company owners throughout 2020, eroded 25.53 percent (YoY) to Rp16.164 trillion compared to the previous year of Rp21.707 trillion.
JCI Ends Up 0.62 Percent at 6,290
The Jakarta Composite Index (JCI) at the end of trading today, on Thursday (25/2), rose 38.59 points or 0.62 percent to 6,289.65.