Prajogo Pangestu's Majority Stake Shows Strong Growth in Mid-July 2025

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Erlina Fury Santika 16/07/2025 09:51 WIB

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According to data compiled by TradingView, the majority of shares issued by companies owned by Prajogo Pangestu experienced significant growth in July 2025. This includes CDIA, which was newly listed

Stock Growth of Companies Owned by Prajogo Pangestu (January 2, 2025 - July 16, 2025)**

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Prajogo Pangestu's Majority Stake Shows Strong Growth in Mid-July 2025

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Stock Growth of Companies Owned by Prajogo Pangestu (January 2, 2025 - July 16, 2025)**

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Based on data compiled from TradingView, the majority of shares in Indonesian conglomerate Prajogo Pangestu's companies showed significant growth up to July 2025.

PT Chandra Daya Investasi Tbk (CDIA), a "baby dragon" newly listed on July 9, 2025, soared by 204.69% from its initial public offering (IPO) until 9:28 AM WIB on July 16, 2025.

Meanwhile, based on year-to-date (YTD) calculations, PT Barito Pacific Tbk (BRPT) took the top spot with a YTD growth of 114.05%. This morning, BRPT shares were traded at Rp1,965 per share.

Next is PT Petrindo Jaya Kreasi Tbk (CUAN), with growth of 38.26%. CUAN was traded at Rp1,535 per share at the opening of today's trading.

Then, PT Petrosea Tbk (PTRO), which grew by 37.03% YTD, was traded at Rp3,870. Followed by PT Chandra Asri Pacific Tbk (TPIA) which grew by 30.43% YTD, with a share price of Rp9,625.

Of all Prajogo's listed companies, only PT Barito Renewables Energy Tbk (BREN) experienced a decline in the initial calculation of the calendar year, namely minus 19.95%. This morning, BREN's share price reached Rp7,400.

CDIA Brings Profit for Prajogo

Prajogo Pangestu has reclaimed the top spot as the richest person in Indonesia. According to data from Forbes Real Time Billionaires, as of Friday, July 11, 2025, this petrochemical tycoon has a net worth of US$27.4 billion, or approximately Rp444.29 trillion (assuming Rp16,215 per US$).

His wealth increased by 3.20% or US$860 billion, placing him 71st on the list of the world's richest people. Previously, Prajogo was the richest person in Indonesia, but was surpassed by Low Tuck Kwong in May.

Prajogo's wealth surged after his company, PT Chandra Daya Investasi Tbk. (CDIA), went public on Wednesday, July 9, 2025.

On its debut, CDIA shares opened above the upper limit (ARA), surging 34.74% to Rp256 per share. CDIA also remained at the ARA limit at the opening of Friday's trading (July 11, 2025), with the last price at Rp400 per share.

Disclaimer: A revision was made on 24 July 2025 at 09:36 AM WIB. The percentage for CDIA in the body of the article was written as 204.69%, while the chart showed 144.14%. The chart has been updated to match the data in the article, which is 204.69%—representing the all-time figure (from initial listing to the time of writing).

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Prajogo Pangestu's Majority Stake Shows Strong Growth in Mid-July 2025

Prajogo Pangestu's Majority Stake Shows Strong Growth in Mid-July 2025

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