Delisting

IBST (Inti Bangun Swasembada) to Delist: Djarum Group Subsidiary Announces Rp 5,400 Per Share Tender Offer

by

The landscape of Indonesia’s telecommunications infrastructure sector is undergoing a significant structural shift as PT Inti Bangun Sentosa Tbk (IBST) moves toward a private status. In a strategic decision aimed at streamlining corporate governance and consolidating control, the company has announced its intention to delist from the Indonesia Stock Exchange (IDX), initiating a voluntary tender … Read more

Bank Danamon (BDMN) Shares Surge 25% ARA: Merger Rumors, Go Private Speculation & MUFG Takeover Drive Rally to All-Time Highs

by

Shares of PT Bank Danamon Indonesia Tbk (BDMN) surged 25 percent on Wednesday, April 22, 2026, amid rumors of a potential go-private transaction and possible acquisition by MUFG Bank, according to data from the Indonesia Stock Exchange (IDX). The sharp increase pushed the stock to Rp3,850 per share at 11:16 WIB, with trading volume reaching … Read more