Aldira Sunrise 10 Desember 2024

• Economy: Consumer confidence increased in Nov 24
The Consumer Confidence Index (CCI) increased to 125.9 on Nov 24, higher than 121.1 on Oct
The increase in consumer confidence was supported by the Current Economic Conditions
Index (CEC) and Consumer Expectations Index (CEI), which had increased to 113.5 and 138.3
from 109.9 and 132.4, respectively on Oct 24. The highest increase in CCI was recorded in
respondents with expenditures above IDR 5M, reaching 138.1 from 127.9 in the previous
month. Meanwhile, based on age, CCI also increased in all age groups, with the highest
increase in the 51-60 age group to 124.9 from 112.9 the previous month. Then, spatially, CCI
increased in most of the cities surveyed, the highest in Padang City at 16.3 points, followed
by Palembang at 11.5 points, and Ambon at 9.8 points. (Kontan)
• BYAN will distribute USD 300M in interim dividends
Bayan Resources (BYAN) will distribute interim dividends of USD 300M. With this amount,
the dividend per share that will be obtained is US$0.009 per share. The distribution is based
on the 9M24 financial performance, in which they recorded a net profit of USD 620.80M.
Meanwhile, the balance of unrestricted retained earnings was recorded at USD 2.07B and
total equity was USD 2.30B. Cum dividend date will be on 17 Dec 24, while the payment date
is on 8 Jan 24. (Bisnis Indonesia)
• UNVR will distribute dividends after the ice cream business divestment
Unilever Indonesia (UNVR) explained that the transaction value (excluding VAT) was IDR 7T,
while the fair market value from KJPP SRR is IDR 6.57T. UNVR considers several benefits from
the divestment with one of them being the ability to increase dividends. According to them,
in the short term, this transaction is expected to provide direct benefits to shareholders
because the company plans to distribute the net proceeds from the transaction directly to
shareholders as cash dividends after the completion of the transaction. This transaction is
also expected to improve the company’s cash position and reduce dependence on external
loans. By focusing on the company’s core business groups and eliminating exposure to risks
associated with future ice cream business operations, the company is expected to be in a
better position to achieve stronger financial performance and growing distributable
reserves, putting the company in a better position to increase dividends paid to shareholders.
(Bisnis Indonesia)