LAPD Transforms Business to Mining Contracting, Plans Capital Increase
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LAPD Transforms Business to Mining Contracting, Plans Capital Increase

PT Leyand International Tbk (LAPD) is shifting its business focus from consumer goods distribution to mining contracting services, following shareholder approval for a transformation plan. The company also plans a capital increase of up to Rp 60 billion to acquire shares in PT Bersaudara Sinergi Sejahtera (BSS).

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  • BRMS President Director Acquires 3.76 Million Shares, Signaling Confidence

    Agus Projosasmito, President Director of PT Bumi Resources Minerals Tbk (BRMS), acquired 3.765 million shares at Rp 398 each on October 27, investing approximately Rp 1.49 billion. This transaction increases his direct ownership by 0.008%. Five other BRMS directors have also consistently purchased shares in the last 18 months, indicating management's strong confidence in the company's fundamentals.

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  • JP Morgan Holds Significant Stake in Soaring TRUK Shares, Andry Hakim Also Noted

    JP Morgan Chase Bank NA Singapore Branch has acquired a 5% stake in PT Guna Timur Raya Tbk (TRUK), drawing market attention. TRUK's stock has surged over 1300% in recent months, driven by purchases from individual investors like Andry Hakim, though it is currently suspended from trading. The company is also preparing for a voluntary tender offer (VTO) by PT Pukul Rata Kanan.