News | Provident

Jun 6, 2023

Merdeka Battery Materials – Completes acquisition of high grade nickel matte conversion facility

PT Merdeka Battery Materials Tbk announced the completion of the acquisition of a 60% interest in PT Huaneng Metal Industry, a high-grade...

May 31, 2023

Merdeka Copper Gold - Announced Q1 2023 financial performance

PT Merdeka Copper Gold Tbk announced Q1 2023 results. Key highlights include total production of 25,830 ounces of gold, 4,053 tonnes of...

May 15, 2023

Merdeka Copper Gold - Tujuh Bukit Copper Project Pre-Feasibility study demonstrates technical and economic viability

PT Merdeka Copper Gold Tbk announced the completion of the pre-feasibility study (“PFS”) for the Tujuh Bukit copper project (“TB...

Apr 28, 2023

Merdeka Copper Gold - Announced Q4 2022 financial performance

PT Merdeka Copper Gold Tbk announced its Q4 2022 results, with total production of 125,133 ounces of gold, 19,551 tonnes of copper, and...

Apr 18, 2023

Merdeka Battery Materials - Initial Public Offering

On the 18 April 2023, PT Merdeka Battery Materials Tbk ("MBM") had its market debut on the Indonesian Stock Exchange. MBM is an...

Apr 1, 2023

Mega Manunggal Property - Acquisition of JV Partner’s Stake

In March, Mega Manunggal Property ("MMLP") acquired GIC’s 45% stake in MKP for a purchase price of IDR1,743m (c.USD118m). As a result,...

Mar 28, 2023

Provident Investasi Bersama - IDR750 billion bond issue

PT Provident Investasi Bersama Tbk (“Provident Investasi”), Provident’s investment holding company, has successfully issued its first...

Dec 16, 2022

Merdeka - Announced third quarter 2022 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the nine months ended September 30, 2022. During the...

Nov 22, 2022

Tower Bersama - Announced its third quarter 2022 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the nine months ended 30 September...

Sep 12, 2022

Merdeka - Announced first half 2022 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the six months ended June 30, 2022. During the six-month...

Sep 12, 2022

Tower Bersama - Announced its first half 2022 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the six months ended 30 June 2022....

Jul 15, 2022

Bersama Digital Infrastructure Asia - investment into a towerco in the Philippines

Bersama Digital Infrastructure Asia Pte. Ltd. has agreed to subscribe for 51 per cent of the shares of Alliance Towers Corporation, to...

May 25, 2022

Tower Bersama - Announced its first quarter 2022 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the three months ended 31 March 2022....

May 19, 2022

Merdeka - Pre-emptive rights issue, IDR2 trillion bond issue, US$300 million HLN loan agreement

PT Merdeka Copper Gold Tbk announced that it has successfully completed its pre-emptive rights issue and Rupiah Bond Issuance, raising...

May 19, 2022

Merdeka - Major investments in new and existing RKEF smelters

PT Hamparan Logistik Nusantara ("HLN"), Merdeka’s new indirectly controlled subsidiary, has successfully increased its indirect stake in...

May 17, 2022

Merdeka - Announced first quarter 2022 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its financial performance for the three months ended March 31, 2022. During the...

Apr 11, 2022

GoTo IPO - Debut on the Jakarta Stock Exchange

GoTo had its market debut on Monday, raising USD1.1 billion. The initial public offering is the world's fifth-largest this year. Read...

Mar 28, 2022

Merdeka - Major acquisition in the nickel mining and refining sectors

PT Merdeka Copper Gold Tbk ("MDKA") has announced that it will invest USD374 million into PT Hamparan Logistik Nusantara ("HLN"). HLN...

Mar 21, 2022

Tower Bersama - Announced full year 2021 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its audited financial statements for the year ended 31 December 2021. For...

Mar 16, 2022

Provident Acquisition Corp. - Perfect Merger

Perfect Corp., an Asian startup that provides software to beauty and fashion companies, has agreed a deal to go public by merging with...

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