Bisnis.com, JAKARTA — The issuer under the Prajogo Pangestu conglomerate group continues to record growth through a series of corporate actions, including improved performance among its affiliated companies in Q1/2025 and the planned initial public offerings (IPO) of several subsidiaries.
One of its key companies, PT Chandra Asri Pacific Tbk. (TPIA), is actively investing in the development of a Chlor Alkali and Ethylene Dichloride (CA-EDC) chemical plant. To support this expansion, TPIA has allocated a capital expenditure (capex) budget of up to IDR 6.3 trillion.
