News Corporate

Corporate

Palm Oil Giant Wilmar Under Fire After Record $750M Asset Seizure

Corporate | Saturday, 21 June 2025 - 08:00

Saturday, 21 June 2025 - 08:00

Indonesia’s Attorney General’s Office (AGO) has confiscated approximately IDR 11.8 trillion (US$750 million) from five corporate subsidiaries of the agribusiness giant Wilmar Group. The…

Corporate

INRU Shares Skyrocket 600 Percent, Foreign Investor Quietly Seizes 92 Percent Ownership Without Any Public Disclosure

Corporate | Saturday, 14 June 2025 - 09:21

Saturday, 14 June 2025 - 09:21

On 12/06/2025, shares of PT Toba Pulp Lestari Tbk (ticker: INRU) surged dramatically after Allied Hill Limited, a Hong Kong private investment fund, acquired 1.283 billion shares, representing 92.42% of…

Corporate

Todotua and Oki Rise in Pertamina: Can These Technocrats Realign Indonesia’s Green Energy and Corporate Governance Goals?

Corporate | Saturday, 14 June 2025 - 08:30

Saturday, 14 June 2025 - 08:30

PT Pertamina (Persero), Indonesia’s state‑owned oil and gas corporation, announced its annual General Shareholders Meeting (RUPS) approved significant changes in both its Board of Commissioners…

Pt Timah (Doc. Timah.com)

Corporate

After a Year of Losses, PT Timah Splits Profit with Shareholders and Signals Big Export Ambitions

Corporate | Friday, 13 June 2025 - 11:33

Friday, 13 June 2025 - 11:33

PT Timah Tbk, one of Indonesia’s largest tin producers, has declared a dividend payout of Rp474.66 billion—40 percent of its net profit for 2024….

PT Summarecon Agung Tbk. (Dok. summarecon.com)

Corporate

Summarecon Bets Big on Nine Self-Sustaining Townships to Hit Rp5 Trillion Property Sales in Election-Year 2025

Corporate | Friday, 13 June 2025 - 10:49

Friday, 13 June 2025 - 10:49

PT Summarecon Agung Tbk (SMRA), one of Indonesia’s most prominent property developers, has set an ambitious pre-sales target of Rp5 trillion for 2025. The…

PT GTS Internasional Tbk. (Dok. Gtsi.co.id)

Corporate

GTS Internasional Buys Three LNG Ships to Secure National Energy — Who Profits, Who Gets Left Behind?

Corporate | Friday, 13 June 2025 - 10:22

Friday, 13 June 2025 - 10:22

PT GTS Internasional Tbk (GTSI), a key player in liquefied natural gas transportation, has announced plans to acquire three LNG carriers in 2025–2026, a…

Corporate

PT Gag Nikel’s Operations Suspended in Raja Ampat for Environmental Assessment

Corporate | Monday, 9 June 2025 - 09:09

Monday, 9 June 2025 - 09:09

Indonesia’s Energy and Mineral Resources Minister, Bahlil Lahadalia, announced the temporary suspension of PT Gag Nikel’s nickel mining operations in Raja Ampat, Southwest Papua….

Raja Ampat. (Pixabay.com/blackinkstudio07)

Corporate

PT Gag Nikel’s Operations Suspended in Raja Ampat for Environmental Assessment

Corporate | Thursday, 5 June 2025 - 16:55

Thursday, 5 June 2025 - 16:55

Indonesia’s Energy and Mineral Resources Minister, Bahlil Lahadalia, announced the temporary suspension of PT Gag Nikel’s nickel mining operations in Raja Ampat, Southwest Papua….

Damaged Banknotes. (Dok. pintar.bi.go.id)

Corporate

Damaged Banknotes Power Labuhan Angin Plant in Indonesia’s Green Shift

Corporate | Thursday, 5 June 2025 - 15:24

Thursday, 5 June 2025 - 15:24

In a groundbreaking initiative, PLN Indonesia Power’s Labuhan Angin power plant in North Sumatra is converting damaged banknotes into electricity. This co-firing program utilizes…

The official website of Sinar Mas Land is www.sinarmasland.com. (Dok. Indo24hours.com/Banny Rachman)

Corporate

Lyon Investments Acquires 97% of Sinarmas Land, Plans SGX Delisting Amid Investor Concerns

Corporate | Monday, 2 June 2025 - 13:09

Monday, 2 June 2025 - 13:09

Lyon Investments, controlled by Indonesia’s Widjaja family, has acquired a 97.14% stake in Sinarmas Land, a Singapore-listed property developer. This acquisition surpasses the 90%…

Henan Asset wins two LSEG Lipper Fund Awards 2025 for equity sharia funds, marking global recognition of Indonesia’s Islamic finance strength. (Facebook: Henan Putihrai Asset Management)

Corporate

Henan Asset Wins Two Global Awards for Sharia Equity Mutual Funds Performance

Corporate | Sunday, 1 June 2025 - 12:37

Sunday, 1 June 2025 - 12:37

Henan Putihrai Asset Management has secured two prestigious awards from the London Stock Exchange Group’s (LSEG) Lipper Fund Awards 2025 in the Global Islamic…