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New Investors will Control Indonesia’s Radana Finance Shares

JAKARTA (TheInsiderStories) - The new investor will control PT Radana Bhaskara Finance Tbk (IDX: HDFA) after the rights issues program, it said today (08/15)....

Indonesia’s Trada Alam Mineral to Raise Funds of US$250M

JAKARTA (TheInsiderStories) - PT Trada Alam Mineral Tbk (IDX: TRAM), a mining company, will raise funds through rights issues and global bonds to meet the...

Indonesia Improves Rights Issue Scheme

JAKARTA (TheInsiderStories) - Indonesia Financial Service Authority (FSA) issued the latest regulation regarding capital increase through a rights issue. The regulation is stated in the...

Indonesia’s Phapros Conducts Right Issue US$71.42M in 2nd Half of 2019

JAKARTA (TheInsiderStories) – PT Phapros Tbk (IDX: PEHA) planned to conduct a rights issue with a target of Rp1 trillion (US$71.42 million) in the...

Indonesia’s Medco Lowering Private Placement’s Target to US$106M

JAKARTA (TheInsiderStories) - Indonesian oil and gas producer, PT Medco Energi International Tbk (IDX: MEDC) reduce its private placement targets from Rp2.31 trillion to Rp1.53 trillion...

Indonesia’s Smartfren Seeks Investor to Strengthen Capital

JAKARTA (TheInsiderStories) - PT Smartfren Telecom Tbk (IDX: FREN), a unit of Sinar Mas Group, will offer 10 percent shares through private placement scheme. Along with...