PT Semen Indonesia Tbk (SMGR) announced it will acquire 7.49bn shares, or a 75.51 per cent stake, of PT Semen Baturaja Tbk (SMBR). As a result, Semen I.
State-owned cement maker PT Semen Indonesia (Persero) Tbk (SIG) recorded a net profit of Rp829 billion in the first half of 2022, an increase of 4.4 percent .
State-run cement corporation PT Semen Indonesia (SIG) said it is supporting the government's efforts towards realizing net-zero carbon emissions by 2060 .
Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia 27 January 2021
PT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sale and purchase master agreement (offtake agreement) on 26 January.
The transfer and capital participation agreement reflects the planned capital investment by Taiheiyo in the former Holcim subsidiary through the issuance of new shares with the right to pre-order securities (HMETD) or rights issue. The implementation of SSA [Signing of Assignment and Subscription Agreement] and issuance of new shares with HMETD will be implemented in accordance with the applicable laws and regulations, said Aulia Mulki Oemar, president Director of Bangun Solutions.