Trimitra Trans Persada allocates IDR 92.61 billion of IPO proceeds to cold storage warehouses

Bitget2026/10/05 10:00

PT Trimitra Trans Persada reported full use of IPO proceeds, with remaining funds at IDR 0 as of June 30, 2026. Gross IPO proceeds totaled IDR 140.81 billion; net proceeds were IDR 138.23 billion after IDR 2.58 billion in offering costs. About IDR 92.61 billion, or 67%, funded subsidiary equity injection for cold-storage warehouse development in Tangerang, Pontianak, Makassar. Another IDR 45.62 billion, or 33%, went to buy light trucks, including cold and dry body types. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Trimitra Trans Persada Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163283) on October 05, 2026, and is solely responsible for the information contained therein.

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PT Trimitra Trans Persada reported full use of IPO proceeds, with remaining funds at IDR 0 as of June 30, 2026.
Gross IPO proceeds totaled IDR 140.81 billion; net proceeds were IDR 138.23 billion after IDR 2.58 billion in offering costs.
About IDR 92.61 billion, or 67%, funded subsidiary equity injection for cold-storage warehouse development in Tangerang, Pontianak, Makassar.
Another IDR 45.62 billion, or 33%, went to buy light trucks, including cold and dry body types.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Trimitra Trans Persada Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163283) on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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October 7th - Treasury Wine Estates (TWE.AX) shares recovered a 1.8% loss in afternoon trading and were basically flat. Jefferies maintained a "Hold" rating on TWE and an AUD 6 target price, stating that although excess inventory and rising costs in the US market are limiting upside potential, TWE’s underperformance relative to the broader market has been narrowing. The brokerage expects a 1.2% increase in EBIT for fiscal year 2027 and notes that the US wine market is showing moderate growth in the higher price segment. Jefferies mentioned that the price segment below $20 still faces significant challenges and emphasized that low-priced wines continue to face pressure. The brokerage pointed out that competitor Constellation Brands’ (STZ.N) wine and spirits business saw organic sales increase by 17.2% in the second quarter, with sales to retailers up by 10.2%. TWE shares have risen 6.1% year-to-date. (For the convenience of non-English speakers, Reuters offers automated translations of its report into a number of other languages. Automated translation may contain errors or may not capture the intended context, and Reuters does not guarantee the accuracy of this text. It is provided only for convenience, and Reuters is not liable for any damage or loss caused by the use of automated translation.)

路透社•2026/10/07 04:16