Solusi Sinergi Digital (WIFI) Announced IDR 8.4 Tn Dual Corporate Actions to Boost Digital Access

Solusi Sinergi Digital (WIFI) Announced IDR 8.4 Tn Dual Corporate Actions to Boost Digital Access

WIFI is launching two parallel corporate actions worth IDR 8.4 tn: a bond issuance of IDR 2.5 tn and a rights issue of IDR 5.9 tn The bonds, issued by JV PT Integrasi Jaringan Ekosistem (IJE) with NTT East Japan (49% stake), will fund FTTH rollout across 390 railway station nodes in Java. The book building runs from 12–25 Jun-25. For the rights issue, about 98.36% of proceeds will go to IJE to build over 4 mn FTTH connections, targeting 5 mn home passes by end-2025 and reaching up to 40 mn households in 5 years. (Bisnis.com)

 

Indonesia's Money Supply M2 Growth Slowed to 4.9% in May-25

Indonesia's Money Supply M2 rose by 4.9% YoY to IDR 9,406.6 tn in May-25, easing from 5.2% growth in Apr-25. Despite the slowdown, M2 remains near its all-time high of IDR 9,436.7 tn recorded in Mar-25. On average, M2 has stood at around IDR 2,159.6 tn since 1980. (Trading Economics)