sampoerna

US tobacco maker Philip Morris sells 5.7% stake in the Indonesian company, raising $1.4 billion and equating to an annualized return of 37.3%.

Philip Morris is obliged to offload part of its stake in its Indonesian unit before the nation's new free-float requirements come into effect in early 2016.

A slew of equity issuers rev up transactions in the hope that glimmers of improving sentiment help sustain a stock market rebound.

Charlie Wilson joins White & Case's Singapore office from Linq Asia Capital.

The palm oil producer is set to raise $122 million from Indonesia's first internationally marketed IPO this year.

Indonesia's Sampoerna plans to splurge Rp2.8 trillion to construct a new cigarette manufacturing facility in West Java.

The international cigarette company has tabled a bid to buy Indonesian clove cigarette company Sampoerna in a deal that could be worth $5.2 billion.

Indonesian bank restructuring agency makes final decision on Indomart.

The cigarette maker becomes the latest Indonesian heavyweight to tap the nascent rupiah bond market.