Jakarta, CNBC Indonesia – State-owned coal company PT Bukit Asam Tbk (PTBA) has announced the amount of dividend to be paid early next year. PTBA chief executive Arsal Ismail said it would be up to the shareholders. “The issue of dividends is a problem for shareholders, but just look at the history and annual GMS, … Read more
Jakarta, CNBC Indonesia – PT Bukit Asam Tbk (PTBA) decided to distribute 100% of the company’s net profit in 2021 entirely as dividends. This is one of the results of the 2021 Annual General Meeting of Shareholders (AGMS) which was held today, Tuesday (24/5/2022). “The shareholders approved the use of 100 percent of the company’s … Read more
Jakarta, CNBC Indonesia – Holding of the State-Owned Mining Company (BUMN), Mining Industry Indonesia aka MIND ID, recorded a surge in net profit throughout 2021. MIND ID’s net profit in 2021 jumped 687% to Rp 14.33 trillion from Rp 1.82 trillion in 2020. MIND ID President Director Hendi Prio Santoso said, “The company’s positive performance … Read more
Bisnis.com, JAKARTA – The discourse on adjusting the domestic market obligation (DMO) benchmark price for coal was discussed again after the Ministry of Energy and Mineral Resources (ESDM) opened an option to evaluate the provision for capping coal prices of US$70 per metric ton. As previously reported, the Director General of Mineral and Coal Revenue … Read more
Jakarta, CNBC Indonesia – State-owned mining companies (BUMN) this week announced their plans to hold an Extraordinary General Meeting of Shareholders (EGMS). It is planned that the entire meeting will be held on Thursday, December 23, 2021. The companies in question are PT Aneka Tambang Tbk (ANTM), PT Bukit Asam Tbk (PTBA), and PT Timah … Read more
Jakarta, CNBC Indonesia – State-owned coal company PT Bukit Asam Tbk (PTBA) sold 303,148,000 treasury shares to PT Taspen (Persero) with a transaction value of Rp 598.5 billion. This transaction also increases Taspen’s ownership in Bukit Asam by 95.9 million shares or 1% to 358.4 million shares or 3% of the company’s total issued and … Read more
Jakarta (ANTARA) – PT Bukit Asam Tbk (PTBA), a member of the Mining BUMN Holding MIND ID, won three awards at the BUMN Performance Excellence Award or BPEA 2021 event. PTBA President Director Suryo Eko Hadianto assessed that this award is the result of the work and performance of all PTBA employees, who have worked … Read more
Bisnis.com, JAKARTA – The Indonesia Stock Exchange (IDX) regularly reviews several stocks in the LQ45 index. Some were kicked out, some stayed. Usually, removal from the LQ45 list is due to depleting trading liquidity or poor company performance. The major evaluation is carried out to select the index constituent stocks for the next period accompanied … Read more
Jakarta, CNBC Indonesia – One of the largest power plants in the Philippines, San Miguel Corp., announced it would discontinue new coal projects from its expansion plans. This is done in order to prepare for the transition to low-carbon energy in the future. “It’s not easy because [Filipina] still heavily reliant on reliable and affordable … Read more
Jakarta, CNBC Indonesia – Three shares of listed coal companies, PT Adaro Energy Tbk (ADRO), PT Harum Energy Tbk (HRUM), and PT Indika Energy Tbk (INDY) were successfully closed as ‘winners’ in the second trading session on Friday (11/6/2021). Meanwhile, the holding shares of the MNC Group PT MNC Investama Tbk (BHIT) and banking stocks … Read more