Indonesia Stock Exchange

R.E.A. Holdings plc: Further investment by DSN in REA Kaltim

Retrieved on: 
Tuesday, November 7, 2023

The DSN subscription will increase the investment of the DSN group in the share capital of REA Kaltim from 15 per cent to 35 per cent.

Key Points: 
  • The DSN subscription will increase the investment of the DSN group in the share capital of REA Kaltim from 15 per cent to 35 per cent.
  • The DSN group's current investment in REA Kaltim is held through AP (which currently holds 5 per cent of the current issued share capital of REA Kaltim) and a sister company to AP, PT Swakarsa Sinarsentosa ("SWA") (which holds 10 per cent of the current issued share capital of REA Kaltim).
  • The pre-closing loan will facilitate satisfaction of conditions to the DSN subscription, including the intended rationalisation of subsidiaries of REA Kaltim as described below.
  • The balance of the debt owed by REA Kaltim to CDM will be funded from the proceeds of the DSN subscription.

BRI Strengthens Commitment to Sustainable Finance with New Green Bonds

Retrieved on: 
Wednesday, October 4, 2023

The 2023 Green Bonds Phase II was oversubscribed 2.66 times during the book-building period, reaffirming BRI as Indonesia's largest domestic green bonds issuer after an IDR 5 trillion issuance in 2022.

Key Points: 
  • The 2023 Green Bonds Phase II was oversubscribed 2.66 times during the book-building period, reaffirming BRI as Indonesia's largest domestic green bonds issuer after an IDR 5 trillion issuance in 2022.
  • Proceeds from the Green Bonds issuance will mainly support renewable energy, energy efficiency, pollution control, eco-friendly transportation, and sustainable land use projects.
  • This highlights BRI's commitment to a Green Economy and Sustainable Principles, with previous issuances including Sustainable Bonds, Sustainable-Linked Loans, Medium-Term Notes, and Subordinated Debt.
  • "The Green Bonds issuance also saw demand from retail investors, showcasing BRI's commitment to the government's financial inclusion strategy.

ACX's technology to power Indonesia Carbon Exchange

Retrieved on: 
Tuesday, September 26, 2023

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points: 
  • JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
  • Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
  • With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
  • "We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

ACX's technology to power Indonesia Carbon Exchange

Retrieved on: 
Tuesday, September 26, 2023

JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.

Key Points: 
  • JAKARTA, Indonesia, ABU DHABI, UAE and SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia's carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
  • Launched on 26thSeptember 2023, with its first carbon trades, Indonesia's official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia's carbon emissions and driving Indonesia's transition to reach net zero emissions by 2060.
  • With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
  • "We are honoured to be the technology provider for Indonesia's carbon exchange and to contribute towards the country's vision of a fair and inclusive carbon ecosystem," said Thomas McMahon, co-CEO and co-Founder of ACX.

Denodo’s Inaugural In-Person Annual User Conference in Singapore Attracts Close to 300 Attendees

Retrieved on: 
Tuesday, August 22, 2023

Denodo , a leader in data management, recently concluded its highly anticipated global user conference, Denodo DataFest, in the APAC region, with resounding success.

Key Points: 
  • Denodo , a leader in data management, recently concluded its highly anticipated global user conference, Denodo DataFest, in the APAC region, with resounding success.
  • This event, held in-person in Singapore on July 12 and 13, had an impressive turnout of close to 300 attendees, bringing together customers, partners, analysts, and subject matter experts in data management across Singapore, South Korea, Thailand, Indonesia, Malaysia, India, and Australia.
  • Denodo partners played a vital role in making this event a success, through their participation and presentations at the event.
  • “I am thrilled by the enthusiasm shown by our customers and partners who joined us at the conference.

BRI Sweeps 9 Awards and Sunarso Crowned as the Best CEO at FinanceAsia Awards 2023

Retrieved on: 
Wednesday, July 5, 2023

(IDX: BBRI) won 9 awards across two major categories of Best Companies in Asia and FinanceAsia Awards at the FinanceAsia Awards 2023 on June 28, 2023, in Hong Kong.

Key Points: 
  • (IDX: BBRI) won 9 awards across two major categories of Best Companies in Asia and FinanceAsia Awards at the FinanceAsia Awards 2023 on June 28, 2023, in Hong Kong.
  • The company was awarded eight "Gold" ratings in the Best Companies in Asia category, for Best CEO, Best CFO, Best Financial Company, Best ESG (Environmental, Social and Governance), Best DEI (Diversity, Equity, and Inclusion), Best Investor Relations, Best-Large Cap Company, and Best Managed Company, as well as the Most Progressive DEI award in the FinanceAsia Awards category.
  • BRI leads in ESG practices with 66.7% of Q1 2023 loans as sustainable credit portfolios, the largest in Indonesia.
  • This accomplishment will further motivate us to deliver economic and social values to all stakeholders," said Sunarso.

BRI Sweeps 9 Awards and Sunarso Crowned as the Best CEO at FinanceAsia Awards 2023

Retrieved on: 
Wednesday, July 5, 2023

(IDX: BBRI) won 9 awards across two major categories of Best Companies in Asia and FinanceAsia Awards at the FinanceAsia Awards 2023 on June 28, 2023, in Hong Kong.

Key Points: 
  • (IDX: BBRI) won 9 awards across two major categories of Best Companies in Asia and FinanceAsia Awards at the FinanceAsia Awards 2023 on June 28, 2023, in Hong Kong.
  • The company was awarded eight "Gold" ratings in the Best Companies in Asia category, for Best CEO, Best CFO, Best Financial Company, Best ESG (Environmental, Social and Governance), Best DEI (Diversity, Equity, and Inclusion), Best Investor Relations, Best-Large Cap Company, and Best Managed Company, as well as the Most Progressive DEI award in the FinanceAsia Awards category.
  • In Q1 2023, the company achieved a net profit of IDR 15.56 trillion, marking a 27.37% Year-on-Year (YoY) growth with assets growing by 10.46% YoY, reaching IDR 1,822.97 trillion.
  • BRI leads in ESG practices with 66.7% of Q1 2023 loans as sustainable credit portfolios, the largest in Indonesia.

J&J Green Paper and Sintesa Group Forge Strategic Partnership to Produce Eco-Friendly Paper Coating and Combat Global Plastic Waste

Retrieved on: 
Wednesday, June 14, 2023

(JJGP), a Delaware USA corporation, announced a strategic, global partnership with Sintesa Group , a leading Indonesian strategic investment company with a legacy spanning over a century, committed to advancing sustainable growth through impact investments.

Key Points: 
  • (JJGP), a Delaware USA corporation, announced a strategic, global partnership with Sintesa Group , a leading Indonesian strategic investment company with a legacy spanning over a century, committed to advancing sustainable growth through impact investments.
  • JANUS is an all-natural moisture-proof coating used for paper packaging.
  • Its recyclable, compostable, and repulpable technology can replace the polyethylene currently used in traditional paper products - a significant contributor to the global waste disposal issue and environmental detriment.
  • Started as a family business that aspires to maintain its resilience in an ever-changing dynamic, Sintesa Group puts sustainability as a strategic imperative that guides its business transformation.

After Completing Share Buybacks of IDR 3 Trillion, BRI Adds Another IDR 1.5 Trillion

Retrieved on: 
Tuesday, February 7, 2023

The new share buyback plan was announced at the end of January 2023 after BRI completed share buybacks worth IDR 3 trillion.

Key Points: 
  • The new share buyback plan was announced at the end of January 2023 after BRI completed share buybacks worth IDR 3 trillion.
  • In total, BRI successfully completed 647,385,900 share buybacks with a total value of IDR 2,999,999,915,000.
  • In Q3 2022, BRI was able to make a profit of IDR 39.31 trillion or 106.14% year-on-year (YoY) growth with total assets increasing 4.00% YoY to IDR 1,684.60 trillion.
  • Since BRI has the capabilities for the share buybacks while the demand for employees welfare by giving shares also exists, we have decided to do the share buybacks," concluded Sunarso.

The New York Stock Exchange and Indonesia Stock Exchange Sign Memorandum of Understanding

Retrieved on: 
Friday, November 4, 2022

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), and the Indonesia Stock Exchange (IDX) today announced that they have agreed to collaborate on several areas of mutual interest, including joint product development.

Key Points: 
  • The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), and the Indonesia Stock Exchange (IDX) today announced that they have agreed to collaborate on several areas of mutual interest, including joint product development.
  • Rosan Roeslani, Ambassador of Indonesia to the United States and Arifi Saiman, Consul General of Indonesia in New York.
  • We are pleased to sign this memorandum of understanding with the Indonesia Stock Exchange in support of our capital markets and the important ties they help create between our marketplaces, said Lynn Martin, NYSE President.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.