The Latest Insights

Corporate Actions Round Up December 9, 2022

PT Pupuk Kalimantan Timur plans to build a new fertilizer plant in Papua and West Papua worth US$2 billion after its initial public offering in 2023.

PHE Gets Ready for a Giant IPO Next Year

The State-Owned Enterprises Ministry expects PT Pertamina Hulu Energi to hold an initial public offering in 2023. With a valuation of US$100 billion, PHE may raise US$10-15 billion from the IPO.

Energy Round Up December 8, 2022

Pertamina Patra Niaga is ready to operate three new internationally standardized liquefied petroleum gas (LPG) terminals in Wayame, Jayapura, and Dumai.

Corporate Actions Round-Up December 8, 2022

PT United Tractors Tbk's subsidiary PT Danusa Tambang Nusantara acquired shares in a nickel mining company and a nickel smelter company for Rp 4.28 trillion.

Latest Rumor: Binance to Acquire Tokocrypto

The world’s largest crypto exchange Binance reportedly plans to acquire Tokocrypto, a positive signal for crypto exchange development in the country.