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Indonesia’s Saratoga Sells Merdeka Copper Shares for US$14M

JAKARTA (TheInsiderStories) - Private equity firm, PT Saratoga Investama Sedaya Tbk (IDX: SRTG), reported has sold 131.90 million shares of PT Merdeka Copper Gold Tbk (IDX:...

Indonesia’s Merdeka Copper Eyes US$20M from Bond Market

JAKARTA (TheInsiderStories) - Indonesian gold miner, PT Merdeka Copper Gold Tbk (IDX: MDKA) has plans to release local bonds Rp300 billion (US$20.54 million) for working capital...

Indonesia’s Tower Bersama Seeks Funds US$47M from Bond Market

JAKARTA (TheInsiderStories) - Telecommunication tower operator, PT Tower Bersama Infrastructure Tbk (TBIG) will issue local bonds of up to Rp700 billion (US$47.62 million) in September, said...

Indonesia’s Saratoga Sells Tower Bersama Shares

JAKARTA (TheInsiderStories) - PT Wahana Anugerah Sejahtera, unit of private equity firm, PT Saratoga Investama Sedaya Tbk (IDX: SRTG), sold 175 million shares or equivalent to...

Indonesia’s Provident Agro Buyback Shares US$2M

JAKARTA (TheInsiderStories) - Indonesian plantation firm, PT Provident Agro Tbk (IDX: PALM), prepared funds of around Rp28.93 billion (US$2.02 million) to buyback its shares,...

Indonesia’s Tower Bersama Seeking US$451M from Bond Market

JAKARTA (TheInsiderStories) - After stopping the sustainable bonds bidding that had been effective in 2018, now publicly listed company, PT Tower Bersama Infrastructure Tbk (IDX:...

Indonesia’s Tower Bersama Stock Split, Releases Dollar Bond US$650M

JAKARTA (TheInsiderStories) - Indonesian company, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) ready to split it share with a ratio 1:5 to raise the liquidity in the...

Indonesia’s Wahana Raises US$94M from Tower Bersama Shares Sale

JAKARTA (TheInsiderStories) - Indonesian tower operator, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) has sold more than 212.15 million shares or 5.69 percent of...

Indonesia’s Saratoga Raises Its Ownership in Tower Bersama

JAKARTA (TheInsiderStories) - PT Saratoga Investama Sedaya Tbk (IDX: SRTG), an Indonesian private equity fund, spent Rp1.08 trillion (US$77.42 million) to raise its ownership in...

Indonesia’s Saratoga Allocates US$100M for Investment in 2019

JAKARTA (TheInsiderStories) - PT Saratoga Investama Sedaya Tbk (IDX: SRTG), an investment holding firm, allocated fund US$100 million to invest in five new companies...

Indonesia’s Adaro Prepares Funds US$600M to Support Business

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Adaro Energy Tbk (IDX: ADRO) prepared capital expenditure up to US$600 million for this year, said the company...

Indonesia’s Tower Bersama Acquires 51% Shares of GOLD

JAKARTA (TheInsiderStories) - Indonesian tower provider, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) has acquired 51 percent shares of local telecommunication infrastructure services PT Visi Telekomunikasi...

ExxonMobil to Acquires Indonesian Lubricant Manufacturer

JAKARTA (TheInsiderStories) - ExxonMobil, an U.S energy company has announced its plans to acquire 100 percent interest of PT Federal Karyatama (FKT), a subsidiary of...

Adaro Eyes Power Plants Projects In Asian Region Followed Arindo’s IPO

JAKARTA (TheInsiderStories) - President Director of publicly-listed PT Adaro Energy Tbk (IDX: ADRO) Garibaldi ‘Boy’ Thohir is eyeing power plant projects in Vietnam, Laos, Myanmar...