Yuanta Indonesia Morning Journal - 29 Nov 2023

CORPORATE
• TOWR to budget capex of IDR5.0-6.0tn in FY24
• SMGR expect double digit growth in FY24
• KLBF prepare capex of IDR1.0th for FY24
• HERO remains optimistic for FY23 results
• ANTM to construct EV batteries manufacture plant via JV
• TINS to set similar productions guidance for FY24
• GEMS received credit facilities worth IDR2.17tn
• PANI to raise IDR10.49tn from Pre-emptive Rights II