#Shares
GoTo executives quit amid leadership shakeup before meeting
Three senior leaders at PT GoTo Gojek Tokopedia (GOTO) have submitted their resignations following the departure of Patrick Walujo from his position as Chief Executive Officer.
Teladan Prima Agro acquires majority stake in Cipta Davia Mandiri for Rp136.32 B
Palm oil company PT Teladan Prima Agro (TLDN), owned by entrepreneur Wishnu Wardhana, has officially acquired 99.99 percent of the shares in PT Cipta Davia Mandiri (CDM) from PT REA Kaltim Plantations for a total value of Rp136.32 billion (US$8.3 million).
SIG reshuffles top level management, distributes Rp648.75 billion in dividends
State-owned cement producer PT Semen Indonesia (SIG) has appointed Indrieffouny Indra as its new President Director, while approving a substantial dividend payout of up to Rp648.75 billion (about US$40 million) from the company’s 2024 net income during its Annual General Meeting of Shareholders (AGMS) on Friday, May 23, 2025.