Geothermal energy-focused Barito Renewables eyes $228m from Indonesia IPO
The company plans to list on the IDX on Oct 6. and trade under the ticker symbol BREN.
Vantage Point: GoTo’s upcoming earnings may reflect urgency in achieving profitability
Also read about the SOEs bolstering Indonesia's IPO market and used car marketplace ASSA's earnings.
Better cost structure, higher revenues help Blibli trim losses in H1 2023
Blibli reported $116m in losses in H1, down 29.65% YoY.
SE Asia IPOs this year buck the global downtrend, but tech listings take a back seat
The amount raised through IPOs rose about 40% in SE Asia in H1.
Amman Mineral raises $715m in Indonesia’s biggest IPO this year
Indonesia's IPO market is one of the world's hottest this year.
What’s behind the spurt in Indonesian IPOs this year?
IDX has hosted 40 IPOs that raised Rp 40 trillion this year, compared with Rp 33 trillion raised in entire 2022.
Indonesia’s GoTo trims net loss by 41% in Q1, inches closer to profitability
Net loss stood at 3.9 trillion rupiah in Q1, compared with 6.6 trillion rupiah a year ago.
GoTo cancels plan to raise $500m from issue of convertible bonds: report
GoTo shelved the plan after discussions with BlackRock Inc., PAG, and IFC, Bloomberg reported.
Nickel company Merdeka Battery Materials looks to raise $580m in Indonesia IPO
This will be the second nickel firm in Indonesia to go public this year after PT Trimegah Bangun Persada.
GoTo advances timeline for adjusted-EBITDA profitability to Q4 2023
Group contribution margin is set to become positive in Q1 2023, a year ahead of schedule.