Stories about Indonesia from every section of Asean Coverage.
Page 34 of 86
Government and Pertamina officials inspected the East Kalimantan facility to assess readiness and fuel stocks, with technical work still outstanding.
PNSE gained 34.22 per cent over a month, while DKHH rose 101.45 per cent over the same period.
The ceiling is intended to curb competition for large deposits, with the newly appointed treasury chief asked to draw up supporting regulations.
The proposed sale of shares in PT Jasamarga Jogja Solo would exceed 50% of the company’s net assets, according to its stock exchange disclosure.
The Indonesian company intends to use the proceeds to repay loans, buy shares in Denway Development Limited and fund working capital.
The IHSG fell 11.57 per cent on 16 October after MSCI opened a consultation on potentially changing Indonesia’s market classification.
The repurchase is linked to a proposed partial separation of its Wholesale Fiber Connectivity business into a subsidiary.
Izan Guevara topped the Phillip Island session, with Senna Agius second and David Alonso third.
Shares classified as High Shareholding Concentration will be excluded from the index calculation from 2 November 2026.
The Indonesian bank also repurchased 91.75 million shares, which were transferred through an employee share ownership programme in June.
