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Yuanta Indonesia Morning Journal - 23 Feb 2024

 INDUSTRY
• Lending rates increase in Jan
• Major banks to distribute higher dividend this year

CORPORATE
• FREN to enter home internet segment
• WINE expects growth of 15% in FY24
• AUTO booked a bottom line of +37% YoY in FY23, exceeding our expectations
• AALI’s bottom line declined by 39% YoY in FY23
• VKTR and IMAS to build a joint venture
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