
Waskita Beton Converts Creditor Debt to Shares in Capital Increase
PT Waskita Beton Precast Tbk (WSBP) will conduct a private placement, converting creditor debt into shares as per a settlement agreement, aiming to strengthen its capital base.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Astra International's October Car Sales Show Renewed Momentum
PT Astra International Tbk (ASII) reported a rebound in its October 2026 car sales, reaching 37,734 units, an 8.16% year-on-year increase. This growth boosted cumulative sales for the year. Toyota and Lexus brands notably led the performance.
- Indonesian Jewelry Gold Prices Decline on November 11, Buyers and Investors Advised to Monitor Trends
On November 11, jewelry gold prices across Indonesia, from 24-carat to 12-carat, generally declined. Factors influencing this include demand from the jewelry industry, currency fluctuations, and central bank gold reserve management policies. Buyers and investors are advised to closely monitor price trends.
- AKR Corporindo Eyes Higher Margins as BP Exits Indonesian Fuel Retail
PT AKR Corporindo Tbk (AKRA) anticipates higher profit margins from its fuel station business following BP Global Investment's exit from Indonesian fuel retail. AKRA now fully controls PT Aneka Petroindo Raya (APR), the operator of BP-AKR stations, after acquiring BP's stake.
- Central Banks Ramp Up 'Safe Haven' Gold Purchases Amid Price Dips
Central banks globally are capitalizing on falling gold prices to bolster their reserves of the safe-haven asset. China, in particular, has continued its buying spree for the second consecutive year, nearing France's gold holdings. The Czech Republic, Uzbekistan, and Poland are also increasing their gold purchases, indicating robust demand.