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Australia’s Newcrest Sells Nusa Halmahera Shares to Rajawali

JAKARTA (TheInsiderStories) - Newcrest Mining Ltd., (ASX: NCM), an Australian-based corporation engages in gold and copper concentrate, was selling its entire 75 percent stake in PT Nusa...

Indonesia’s Express Convert Debt US$70M with New Shares

JAKARTA (TheInsiderStories) – The shareholders of Indonesian taxi operator, PT Express Transindo Utama Tbk (IDX:TAXI), agreed to converting debt worth of US$70.42 million with...

Bondholders of Indonesia’s Express Transindo Approves CB Program US$69M

JAKARTA (TheInsiderStories) - Bondholders of taxi provider, PT Express Transindo Utama Tbk (IDX: TAXI) approved the conversion of bond payment to new shares worth...

Creditor of Indonesia’s Express Files Bankruptcy to the Court

JAKARTA (TheInsiderStories) - Mitra Krakatau Pension Fund, one of indonesian taxi operator PT Express Transindo Utama Tbk (IDX: TAXI), requested a postponement of debt...

Philippine’s Metro Pacific Will Take Over Nusantara Infrastructure from Rajawali

JAKARTA (TheInsiderStories) - Philippine's builder Metro Pacific Tollways Corporation (MPTC) will take over PT Nusantara Infrastructure Tbk (IDX: META) shares from Indonesia's conglomerate company Rajawali...

Metro Pacific Tollways Acquires 42.25% Nusantara Stake

JAKARTA (TheInsiderStories) - Philippine infrastructure conglomerate Metro Pacific Investments Corporation, through its unit Metro Pacific Tollways Corp (MPTC), is expanding into Indonesia, the home...

Rajawali Unloads Infra Shares onto Matahari Kapital

JAKARTA (TheInsiderStories) - Indonesian conglomerate Rajawali Corpora has sold 21 percent of PT Nusantara Infrastructure Tbk (IDX: META) or 3.2 billion shares, for Rp864 billion (US$65.45...