• BBRI will buyback shares worth IDR 3T
Bank Rakyat Indonesia (BBRI) announced plans to buy back shares. The amount of funds
prepared for the share buyback is estimated at IDR 3T. The buyback will be carried out
through BEI or outside the stock exchange, either in stages or all at once, and will be
completed 12 months after the General Meeting of Shareholders (GMS) approves the 2025
buyback. It is estimated that BBRI GMS will take place on 11 Mar 25 and the estimated share
buyback period will be from 12 Mar 25 to 11 Mar 26. Furthermore, BBRI revealed that the plan
to transfer shares resulting from this year’s buyback will be carried out through a stock
ownership program for employees, directors, and the board of commissioners. This is done
in stages until the 2025 share buyback transfer period ends. (Kontan)
• EAST targets IDR 110B revenue in 2025
Eastparc Hotel (EAST) targets to achieve revenue of IDR 95B to 110B and net profit of IDR 30B
to IDR 40B in 2025. This year, the company is also targeting hotel occupancy in the range of
85-95%. To achieve this predetermined target, the company is expanding room absorption in
each segment. Not only targeting government and corporate activities, EAST will deepen its
focus on attracting family guests, such as family staycations and private corporate activities.
To achieve these revenue and profit targets, EAST is also preparing business strategies such
as providing business and staycation packages. The company also carries out operational
cost efficiency, improves and maximizes existing facilities, and provides dynamic pricing.
(Kontan)
• MYOR allocates IDR 1T capex in 2025
Mayora Indah (MYOR) announced plans to budget a capex of IDR 1T in 2025 to support the
company’s long-term growth. The main focus of this capital expenditure is to strengthen the
packaged foods and packaged beverages sectors, which is expected to encourage expansion
and increase production capacity. This figure has decreased from 2024, of which the
company allocated IDR 2T capex on capacity expansion and product development. However,
the main challenge in 2025 is still related to commodity price fluctuations, which have the
potential to affect profit margins. On the other hand, Mayora is also preparing to launch
several new products which are expected to strengthen their position in the market,
although further details regarding these new products cannot yet be disclosed. (Kontan)
