Yuanta Indonesia Morning Journal - 02 Jun 2025

CORPORATE
• SMBR recorded strong growth in 1Q2025
• ISAT to collaborate with Vision+
• Danantara to acquire BRIS, sources claim
• SGRO to change its business model
• HRUM to allocate a capex worth USD315mn for nickel expansion
• MPMX to distribute dividend worth IDR535bn for FY24
• BEST's warehouse business expands
• MIDI Restructures Business: Shuts Down Lawson Stores and Transfers Ownership to Alfamart
• JPFA launches OLAGUD RTE chicken fillet for export