Yuanta Indonesia Morning Journal - 10 Jun 2024

INDUSTRY
• Government to restrict RON90 fuel distribution
• New mining regulation to alleviate this year's performance for heavy equipment
• State banks to book single digit profit growth this year

CORPORATE
• BRIS sets coupon rates of 6.65%-6.80% for IDR3tn Islamic bonds
• IMAS to receive syndicate loan from BTPN and SMBC
• ACES to distribute dividend of IDR33.5/share
• ZONE will distribute IDR14.53bn as dividend
• BELI plans to issue additional equity via private placement and MESOP
• DEPO aims to acquire new land for expansion