IPO and Expansion Plans of Djoko Susanto-Owned Firm Trimitra Trans (BLOG)

IPO and Expansion Plans of Djoko Susanto-Owned Firm Trimitra Trans (BLOG)

Djoko Susanto’s logistics company BLOG launches IPO, aiming to raise IDR 135–152 billion to fund cold storage and truck fleet.

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Selasa, 24 Juni 2025 | 08:00

Bisnis.com, JAKARTA — Retail tycoon Djoko Susanto's company, PT Trimitra Trans Persada or B-Log, is preparing to go public on the Indonesia Stock Exchange (IDX) with its initial public offering (IPO) coming soon.

According to a summary prospectus published in Bisnis Indonesia daily Monday (23/6/2025), the company with ticker BLOG is offering up to 563,247,900 new shares with a par value of IDR 100 per share. This amount represents up to 16.67% of the issued and paid-up capital post-IPO.

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