News | Provident

Feb 23, 2022

Merdeka - Announced full year 2021 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its financial statements for the full year ended 31 December 2021. During the year, MKDA...

Dec 30, 2021

Merdeka - Acquired majority interest in Pani Gold Project

PT Merdeka Copper Gold Tbk ("MDKA") invested USD80.16 million to subscribe for a 50.1% interest in PT Andalan Bersama Investama...

Dec 21, 2021

Merdeka - Announced strategic partnership with BRUNP CATL

PT Merdeka Copper Gold Tbk ("MDKA") made an OJK announcement in relation to a proposed capital increase with pre-emptive rights issuance...

Dec 8, 2021

Tower Bersama - Announced third quarter 2021 financial performance

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

Nov 30, 2021

Merdeka - Announced third quarter 2021 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its interim financial statements for the nine months ended 30 September 2021. During the...

Nov 10, 2021

Tower Bersama - US$400 million 5.5 Year Notes Offering

PT Tower Bersama Infrastructure Tbk. announced that it has priced its US$400 million aggregate principal amount 2.80% Senior Unsecured...

Nov 10, 2021

Provident as part of a consortium to purchase of ~5% equity interest in PT XL Axiata Tbk.

On 27 September 2021, Provident as part of a consortium, entered into a Sale and Purchase Agreement with Axiata Group Berhad to acquire...

Sep 3, 2021

Tower Bersama - Announced first half 2021 financial performance

PT Tower Bersama Infrastructure, Tbk. ("TBIG") today released its interim financial statements for the six months ended 30 June 2021....

Aug 25, 2021

Merdeka - Announced first half 2021 financial performance

PT Merdeka Copper Gold Tbk ("MDKA") has released its interim financial statements for the six months ended 30 June 2021. During the...

Jun 7, 2021

Tower Bersama - Announced first quarter 2021 financial performance

PT Tower Bersama Infrastructure. Tbk ('TBIG') has released its interim financial statements for the three months ended 31 March 2021....

Jun 2, 2021

Merdeka - Increases to 100% ownership of Wetar Copper Mine

PT Merdeka Copper Gold. Tbk ('TBIG') has moved to 100% ownership of the Wetar Copper Mine as a result of the acquisition of Posco...

May 17, 2021

Gojek - Combines with Tokopedia

Gojek and Tokopedia combine to form GoTo, the largest technology group in Indonesia. Read full article here.

Apr 27, 2021

Tower Bersama - Announced full year 2020 financial performance

PT Tower Bersama Infrastructure. Tbk ('TBIG') has released audited financial statements for the year ended 31 December 2020. During the...

Apr 26, 2021

Merdeka - Completes feasibility study for the AIM project

PT Merdeka Copper Gold. Tbk ('TBIG') has announced completion of the Feasibility Study for the AIM project. "An exciting growth...

Apr 9, 2021

Tower Bersama completes the purchase of 3,000 towers from IBST

Tower Bersama today announced that it has completed the sale and purchase and transfer of 3,000 towers from PT Inti Bangun Sejahtera Tbk....

Jan 7, 2021

Provident Acquisition Corp. SPAC Listed

Provident Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering. Read full article here.

Oct 26, 2020

Tower Bersama - Upgraded to Investment Grade

Fitch has upgraded the Long-Term Foreign-and-Local-Currency Issuer Default Ratings (IDR) of Indonesian telecommunications lower company...

Oct 26, 2020

Tower Bersama - Announced third quarter 2020 financial performance

PT Tower Bersama Infrastructure. Tbk ('TBIG') has released it interim financial statements for the nine months period ended 30 September...

Jul 31, 2020

Merdeka - Outstanding drilling results at Tujuh Bukit

MDKA reported outstanding drilling results which continue to demonstrate the potential for a large tonnage copper and gold deposit...

Feb 19, 2020

Merdeka – Wetar / Morowali Acid Iron Metal Project (“AIM Project”) signs MOU with Tsingshan

Merdeka entered into a memorandum of understanding with Eternal Tsingshan Group Limited in relation to a new Joint Venture that will...

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