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Singapore’s Al Falah Investment will Acquires 50.3% Bank Muamalat Shares

JAKARTA (TheInsiderStories) – Indonesian businessman Ilham Habibie through his company Al Falah Investments Pte. Ltd. will become the controlling shareholder of PT Bank Muamalat...

Indonesia’s BRI Agro Eyes $139M from Right Issue

JAKARTA (TheInsiderStories)--Indonesia's publicly listed agri-focus lender PT BRI Agroniaga Tbk (IDX: AGRO) eyes Rp2 trillion (US$139.042 million) from a rights issue in September 2018. According...

Matahari Putra Prima Eyes $56M from Right Issue

JAKARTA (TheInsiderStories)--Indonesia's publicly listed retail company PT Matahari Putra Prima Tbk (IDX: MPPA) eyes Rp806.69 billion (US$56 million) through right issue. Citing the information disclosure...

Indonesia’s Bukopin to Sell 21% Stake to Foreign Investor

JAKARTA (TheInsiderStories) - Indonesian medium lender, PT Bank Bukopin Tbk (IDX: BBKP) will sale 21 percent of its stake to the foreign strategic investor,...

Mayapada to Raise US$351M via Sub-debts, Rights

JAKARTA (TheInsiderStories)--PT Bank Mayapada International Tbk (MAYA) plans to raise a fund of Rp4 trillion (US$281.543 million) to Rp5 trillion (US$351.929 million) by issuing...

Bukopin Seeks to Raise US$136.5M from Right Issue

JAKARTA (TheInsiderStories)—PT Bank Bukopin Tbk (BBKP) seeks to raise Rp1.91 trillion (US$136.5 million) from a rights issue. PT Bosowa Corporindo as the main shareholder will...

BUMI Raises US$2.63 Billion From Rights Issue, MCB

JAKARTA (TheInsiderStories) - Publicly listed coal miner PT Bumi Resources Tbk (IDX: BUMI) raised Rp35.09 trillion (US$2.63 billion) from rights issue and mandatory convertible bonds...