Telkom Indonesia (TLKM) Planned Share Buyback Following InfraCo Spin-off

Oil Prices Remained Elevated Amid Middle East Tensions
Brent crude prices remained above USD 102/bbl on 5 Oct-26, while another crude benchmark traded around USD 91/bbl, amid heightened tensions in the Middle East. Saudi-backed forces launched a military operation against Houthi-controlled areas in Yemen, raising concerns over disruptions to the Bab el-Mandeb Strait, a key oil shipping route. Meanwhile, OPEC+ agreed to keep production quotas unchanged for Nov-26, limiting additional supply amid tight market conditions. The elevated oil prices could increase Indonesia’s energy subsidy burden and add imported inflation pressure. (Emitennews)

Telkom Indonesia (TLKM) Planned Share Buyback Following InfraCo Spin-off

TLKM planned to buy back shares from eligible shareholders who voted against the Phase 2 spin-off of its wholesale fiber connectivity business to PT Telkom Infrastruktur Indonesia (TIF) at the EGMS on 30 Sep-26. The buyback price was set at IDR 2,290/sh, based on TLKM’s closing price on the EGMS date, with eligible shareholders required to submit their intention to sell by 5 Oct-26. Payment will be made at the earliest of seven business days after Ministry of Law approval of TIF’s capital increase related to the spin-off, while TLKM stated that the buyback would not have a material negative impact on its business. (Company)

Energi Mega Persada (ENRG) Issued IDR 500 bn Sustainable Bonds

ENRG will issue IDR 500 bn of Sustainable Bonds I Phase V 2026, comprising Series A of IDR 387.34 bn with a 9% fixed coupon and 370-day tenor, and Series B of IDR 112.66 bn with a 10% fixed coupon and three-year tenor. Proceeds, net of issuance costs, will be used for working capital to support ENRG and its subsidiaries, including production costs, facility rentals, fuel, salaries, and supplier obligations. Around 20.22% of the proceeds will be used by ENRG, while 40.44% will be allocated to PT Energi Maju Abadi, and 19.67% each to PT EMP Energi Gandewa and PT EMP Energi Riau. (Emitennews)

Aspirasi Hidup Indonesia (ACES) Expanded AZKO Store Network to 283 Stores

ACES opened 19 new AZKO stores through early Oct-26, including its first stores in 12 new cities, mainly targeting Tier 2 and Tier 3 markets. AZKO’s network reached 283 stores across 102 cities, with the company targeting 25–30 new AZKO stores and 40–50 NEKA stores in FY26. AHI allocated IDR 400–450 bn in FY26 capex, with IDR 91 bn realized in 1H26 mainly for new store openings and existing-store renovations. (CNBC Indonesia)