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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 9 sources · 12 days · First seen · Last updated
Indonesian corporate and fiscal developments
Overview
Indonesian corporate and fiscal developments have centered on capital management and infrastructure financing. PT Jasa Marga (Persero) Tbk has projected capital expenditures of approximately Rp12 trillion by the end of 2026 for toll road construction and maintenance.
In the financial sector, PT Bank Kasikorn Indonesia Tbk is planning a Rp1 trillion rights issue, while PT Raharja Energi Cepu Tbk has secured shareholder approval for a private placement to fund business expansion. Additionally, Edwin Soeryadjaya, the controlling shareholder of PT Saratoga Investama Sedaya Tbk, increased his ownership to 35.9% through a share purchase valued at approximately Rp4 billion.
On a policy level, the Ministry of Finance is developing an infrastructure financing scheme via PT Sarana Multi Infrastruktur. The plan, which could involve up to Rp40 trillion to address regional revenue sharing shortfalls, has encountered criticism from members of the Indonesian House of Representatives (DPR).
Entities
PT Wijaya Karya (Persero) Tbk · Wika · PT Patra Drilling Contractor · PT Pertamina Patra Niaga · Klayas Agricultural Group
Timeline
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4 days ago
[BUSINESS] 2 sourcesIndonesian corporate and fiscal updates: Jasa Marga capex and regional financing schemesIndonesian corporate and fiscal news includes Jasa Marga's Rp12 trillion capex plan, Bank Kasikorn's Rp1 trillion rights issue, and government proposals for regional infrastructure financing.
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15 days ago
[BUSINESS] 9 sourcesIndonesian corporate and regional updates on debt, CSR, and food securityIndonesian companies and officials report progress in financial restructuring, CSR achievements, food security initiatives in Papua, and sustainable natural resource governance.
Sources
antaranews.com · cnbcindonesia.com · dunia-energi.com · matapapua.com · portalmedia.id · radarsorong.id · riaukepri.com · ruangenergi.com · sorongnews.com