- INCO will pocket IDR 1.84T through right issue
Vale Indonesia (INCO) will raise funds of IDR 1.84T through a right issue. INCO will
issue a maximum of 603.44M shares with a nominal value of IDR 25 per share and
an offering price of IDR 3,050 per share. This right issue is part of fulfilling INCO’s
divestment obligations to the Indonesian government that is carried out by MIND
ID, whose ownership will increase from 20% to 34%. After the completion of the
transaction, MIND ID and Vale Canada (VCL) will become joint controllers of INCO.
(Kontan) - MIKA aims for 15% revenue growth in 2024
Mitra Keluarga Karyasehat (MIKA) targets revenue growth of 12.5% – 15% with
EBITDA margin in the range of 35.5% – 37%. MIKA’s expansion plan in 2024 is to
carry out the groundbreaking project in 2024 for a new hospital opening in 2025.
To carry out the expansion and the purchase of medical equipment and renovation,
MIKA has prepared a capex budget of IDR 1T. (Kontan) - MTLA decides to distribute IDR 83.52B dividends
Metropolitan Land (MTLA) will distribute dividends of IDR 83.52B, equivalent to
IDR 10.91 dividend per share. The payout ratio is 20% of IDR 418B net profit FY23.
In 2024, MTLA targets IDR 1.9T marketing sales and has achieved IDR 700B in 5M24
or 37% of the target, contributed by property sales of IDR 474B and recurring
income of IDR 226B. (Kontan)