Officially Listed On The Stock Exchange, Chandra's Investment Power Excess Demand

JAKARTA - PT Chandra Daya Investasi Tbk (CDIA) officially took the floor on the Indonesia Stock Exchange (IDX) by conducting an Initial Public Offering (IPO).

Through this Initial Public Offering, CDIA managed to raise funds of Rp2.37 trillion through the issuance of 12,482,937,500 new shares with an offering price of Rp190 per share, a strategic step to support long-term expansion.

The level of investor confidence in the CDI Group is reflected in oversubscription of up to 563.64 times with a total participation of 400,126 investors throughout the offering lifetime.

In addition, this enthusiasm can be seen during the entire bidding process, starting from the initial offering period on 19-24 June 2025 to the public offering period on 2 7 July 2025.

CDIA President Director Fransiskus Ruly Aryawan said that today's initial share listing is an important moment for the CDI Group in building a strong foundation for long-term growth.

"We express our appreciation for the trust of investors who support the success of the IPO process," he said Wednesday, July 9.

Ruly said that Southeast Asia, including Indonesia, is currently in a very dynamic industrial growth phase and demands reliable and efficient infrastructure support.

According to him, the need for logistics, port and storage services, energy networks and water management is a great potential in the development of the Company.

"The PDI Group sees strategic opportunities to continue to expand its services and strengthen our role as providers of relevant and integrated infrastructure solutions." Ruly explained.

Ruly said that through the funds raised from the IPO, his party will strengthen the capabilities of its subsidiaries, accelerate strategic projects and provide infrastructure services that have a positive impact on industrial growth.

We are committed to becoming a growth partner that encourages relevant infrastructure solutions for industrial needs in the future, as well as creating real added value for stakeholders and the wider community. "Add Ruly.

Ruly also emphasized the importance of support from policy makers in the success of this IPO.

"We express our gratitude to the Government of Indonesia, the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) for their support, direction and assistance in ensuring the smooth running of the IPO process. This not only strengthens market confidence, but also reflects a shared commitment to encouraging the growth of the infrastructure sector in the Region," he concluded.

Meanwhile, the CDI Group has a portfolio that is diversified in the energy, water, port and storage sectors, as well as logistics.

Ruly said that the funds raised through the IPO will be used to strengthen the company's core capabilities, especially in the logistics and port and storage sectors.

He added that around Rp.871.76 billion will be allocated to support expansion in the logistics sector, through capital participation in subsidiaries which will then be used for the purchase of ships and operational financing.

Meanwhile, funds of around Rp1.48 trillion will be used for the development of the port and storage sector.

According to him, this investment includes the construction of storage tank facilities, Ethylene pipelines, and other supporting facilities in strategic industrial areas.

"By officially taking the floor on the IDX, the CDI Group strengthens its position as an infrastructure solution in responding to industrial needs that continue to grow at the national and regional levels," he said.