ANTM – Re-enters Three ESG KEHATI Indices
PT Aneka Tambang (ANTM) was again selected as a constituent of three leading ESG indices on the Indonesian capital market managed by IDX and the KEHATI Foundation, reaffirming its environmental, social, and governance credentials. The continued inclusion underscores the miner’s commitment to sustainability standards and may broaden its appeal to ESG-focused institutional investors seeking exposure to Indonesian nickel and gold assets (EmitenNews).
Our View: Sustained ESG index membership supports ANTM’s investability among sustainability-mandated funds; a modest re-rating tailwind, though commodity price swings remain the dominant earnings driver.
EMMI – Sets IPO Price at Rp446 to Rp515
PT Esa Medika Mandiri (EMMI) entered bookbuilding on 22 to 24 June 2026, offering 522.857 million new shares, or 30% of enlarged capital, at Rp446 to Rp515 each to raise up to Rp269.27 billion. BRI Danareksa Sekuritas and Ina Sekuritas are underwriters. Proceeds will repay about Rp50 billion of Bank INA debt, fund a Cikupa plant, and bolster working capital for the medical device maker (EmitenNews).
Our View: Healthcare IPO offers exposure to Indonesia’s medical device demand; debt repayment and capacity expansion are constructive, but pricing and post-listing liquidity warrant monitoring.
