Prajogo Pangestu invests IDR 15.82 Billion in Petrindo jaya Kreasi and Barito Pacific Amid Market Volatility
IDXChannel – Indonesian conglomerate Prajogo Pangestu has increased his holdings in both PT Petrindo Jaya Kreasi Tbk (CUAN) and PT Barito Pacific Tbk (BRPT) during recent market fluctuations.
According to an information disclosure to the Indonesia Stock Exchange (IDX) on January 29, 2026, the purchases were made for personal investment purposes. https://www.idx.co.id/ (this is a general link to the IDX, specific disclosure details would be found within their filings.)
Prajogo acquired 4 million shares of each company. The shares of CUAN were purchased within a price range of IDR 1,770 to IDR 1,830 per share, totaling approximately IDR 7.21 billion. His investment in BRPT involved 4 million shares bought at prices ranging from IDR 2,130 to IDR 2,180, amounting to roughly IDR 8.60 billion.
The combined value of these transactions reaches IDR 15.82 billion.
Prajogo Pangestu is a prominent Indonesian businessman with diverse interests spanning various sectors, including petrochemicals, energy, and forestry. Barito pacific (BRPT) is a major player in the petrochemical industry, while Petrindo Jaya Kreasi (CUAN) is involved in the coal mining sector.