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Prime Capital Asia Holds Majority Stake of Mitra Investindo

JAKARTA (TheInsiderStories) - PT Prime Capital Asia, an investment company based in Indonesia, become the controlling shareholder of PT Mitra Investindo Tbk (IDX: MITI) after exercising...

Indonesia’s Tower Bersama Acquires 3,000 Towers for US$282M

JAKARTA (TheInsiderStories) - PT Tower Bersama, unit of tower company, PT Tower Bersama Infrastructure Tbk (IDX: TBIG), has acquired 3,000 towers from PT Inti Bangun...

Tower Bersama Releases Global Bond US$700M to Pay Debt

JAKARTA (TheInsiderStories) - Indonesia' tower operator, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) will issue global bond up to US$700 million. The notes has a term of...

MedcoEnergi Strengthens Ownership in Saratoga’s Unit

JAKARTA (TheInsiderStories) - Indonesian oil and gas producer PT Medco Energi International Tbk (IDX: MEDC) announced that the company has acquired 77.68 percent of the...

Saratoga, Merdeka Acquire Australian Finders Assets in Indonesia

JAKARTA (TheInsiderStories) - Eastern Field Developments Ltd, a special-purpose vehicle of Procap Partners Limited, PT Saratoga Investama Sedaya Tbk (IDX:SRTG) and PT Merdeka Copper Gold...
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