Yuanta Indonesia Morning Journal - 09 Jun 2022

INDUSTRY
• Slight decline in foreign exchange reserves to USD135.6bn

CORPORATE
• TOBA to diversify into EV
• BIRD to add 5000 new vehicles
• ACES to distribute IDR20.59/share as dividend
• EMTK through KMK acquire more of BUKA’s shares
• SRAJ to issue bonds of IDR950bn
• SAME’s business strategy in FY22
• AMRT acquires 284bn BANK's shares
• Tolaram increases stake in AMAR