Yuanta Indonesia Morning Journal - 27 Sep 2023

INDUSTRY
• Third party funds decelerates in August
• Government to levy VAT on TikTok’s e-commerce transaction

CORPORATE
• PGAS to repurchase bond
• HEXA to target total revenue of USD651.6mn
• ERAA to open 400 new stores
• ITMG’s performance still pressed by coal prices in FY23
• HRUM acquired another 50,99% stake of IMI
• BUAH to expand distribution network