Chandra Asri Director Makes Significant Share Purchase

Confidence Boost for Petrochemical Company

In a significant show of confidence, Raymond Budhin, Director of PT Chandra Asri Pacific Tbk (TPIA), has acquired 200,000 shares of the company. The purchase, worth approximately Rp1.42 billion, was executed on November 28, 2025, through two separate transactions. The first transaction involved 100,000 shares at Rp7,125 per share, while the second transaction consisted of another 100,000 shares at Rp7,150 per share.

Strategic Investment Highlights

This substantial investment by a company insider is particularly noteworthy as it demonstrates strong confidence in TPIA's future prospects. The petrochemical industry has faced various challenges, including fluctuating raw material prices and global demand variations. Against this backdrop, the director's decision to increase his stake suggests positive internal outlook and potentially indicates stability in the company's operations.

Market Implications

The purchase could have positive implications for the company's stock performance. Investors often view insider buying as a bullish signal, potentially leading to increased investor confidence. As a major player in Indonesia's petrochemical sector, TPIA's developments are closely watched by market participants.

About Chandra Asri Pacific

PT Chandra Asri Pacific Tbk is a leading petrochemical company in Indonesia, engaged in the production of various petrochemical products. The company's shares are listed on the Indonesia Stock Exchange under the ticker symbol TPIA.