Yuanta Indonesia Morning Journal - 16 May 2025

INDUSTRY
• Cement demand bounce after Eid-Fitr

CORPORATE
• MYOR to buyback shares up to IDR1.0tn
• TOTL to secure new contract of IDR2.2tn
• AMMN to extend Batu Hijau mine life
• MEDC to boost operational performance
• GRAB Indonesia to deny the merger rumor with GOTO
• BBCA concludes shares buyback
• RALS to distribute IDR60/share dividend for FY24
• ERAA and ERAL to See Recovery for The Upcoming Quarter