LEAD Shares Surge on Strategic Vessel Divestment

Significant Transaction Drives Market Reaction

PT Logindo Samudramakmur Tbk (LEAD), a prominent player in Indonesia's shipping services sector, has seen its stock price skyrocket following a major corporate announcement. As of December 24, 2025, LEAD shares closed at Rp137, representing a 9.6% increase from the previous trading day. This recent surge is part of a larger upward trend, with the stock having gained 77.92% over the past month and 39.8% year-to-date.

Details of the Divestment

The catalyst behind this remarkable price action was the company's disclosure of divesting two vessels with a combined value of US$8.35 million. This strategic decision to shed assets has been positively received by the market, likely due to the potential for capital redeployment into higher-return initiatives or debt reduction. The transaction highlights LEAD's active portfolio management and its efforts to optimize its asset base in the competitive shipping industry.

Market Implications

The substantial share price increase reflects investor confidence in LEAD's management decisions and its ability to create value through strategic asset management. The shipping sector, while capital-intensive, is also subject to significant market fluctuations. In this context, LEAD's divestment strategy may be seen as a proactive measure to navigate market challenges and focus on core operations.

Future Outlook

As the market continues to react to this news, investors will likely be watching for further updates on how LEAD plans to utilize the proceeds from the divestment. The company's ability to effectively deploy this capital will be crucial in sustaining investor interest and supporting further share price appreciation.