Yuanta Indonesia Morning Journal - 18 Apr 2024

CORPORATE
• TLKM sees data demand growth during Eid-Fitr
• PTBA to increase stake in power plant
• SPTO set capex of IDR100bn for expansion
• GRPM purchase land at IDR30.6bn from BMRI auction
• SDRA to raise IDR3.2tn in a rights issue
• INDY to target 50% revenue streams from non-coal in FY25