Yuanta Indonesia Morning Journal - 29 Apr 2024
INDUSTRY
• Starlink to enter Indonesia market
CORPORATE
• TPMA to raise capital via right issues, and distribute dividends worth IDR196bn
• PWON to add more hotels
• HERO to focus investment on Guardian and IKEA
• ROTI’s earnings jumped by 50% YoY in 1Q24
• CMRY deliver strong earnings in 1Q24, backed by strong top-line and lower input cost