Petrosea’s strategic fundraising move comes at a time when investor interest in its shares has been growing. Following the news of the capital raise, PTRO’s stock price surged 1.76%, reaching IDR 25,950 by 09:30 WIB. This surge increased the company’s market capitalization to IDR 26.17 trillion, further highlighting the positive market sentiment.

The bond and Sukuk issuance are expected to further strengthen Petrosea’s position in Indonesia’s competitive mining and EPC markets. By leveraging these financial instruments, the company aims to expand its business capacity and improve its operational efficiency.

Investors and industry analysts will continue to monitor how the additional capital raised through the bond and Sukuk issuance will impact Petrosea’s performance in the coming months, particularly with the company’s focus on sustaining its contract obligations and future growth initiatives. (Uki Ruknuddin)

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