Yuanta Indonesia Morning Journal - 18 Sep 2023

CORPORATE
• TPIA to develop solar power plant
• SMSM to push export sales
• PTPP to divest non core asset of IDR1.4tn
• WOOD foresees sales to drop by 50% YoY in FY23
• RALS target to achieve last year’s sales number
• SMSM to boost export sales volume this year
• PANI to issue 8bn new shares
• SOHO to conduct a stock split of 1:10 ratio