NEWS

The Capital City of Jakarta will host the Formula E 2022 on the Jakarta International E-Prix Circuit (JIEC) on 4th June 2022. The JIEC Circuit spans the total length of 2.4 kilometers and 12 meters in width. The circuit is planned to have 18 turns in the design of Kuda Lumping (flat horse) and facin... [read more]

PIK 2 is aimed to be completed in 2024. The project which was started in 2016 will include various property products including landed houses, apartments, hospitals, office towers, restaurants, commercial areas and recreation parks. Currently, there have been 5,000 landed houses completed and 11 apar... [read more]

PT Lippo Karawaci Tbk (LPKR) increased its shares ownership by purchasing 330,416,800 shares of PT Siloam International Hospitals Tbk (SILO). The purchase was conducted between 29 March 2022 and 18 April 2022 at the average price of Rp1,098 per share. With this purchase, LKPR ownership of Siloam inc... [read more]

PT Modernland Realty Tbk has started the handover of Ruko Golf Boulevard Commercial Park products located in the Kota Modern township, Tangerang City, Banten. The shophouse adopts the concept of Modern Tropical and is available in 40 units on the total land area of 6,000 sqm. The two-story shophouse... [read more]

PT Winner Nusantara Jaya Tbk (WINR) increased its land bank by acquiring land in Batam and Bogor, funded by its Initial Public Offering (IPO) in Indonesia Stock Exchange of Rp150 billion. Approximately Rp100 billion will be allocated for the 10 hectares’ land acquisition in Batam City and Rp30 billi... [read more]