CDI Group Announces IPO, Ready to Strengthen Regional Infrastructure

PT Chandra Daya Investasi Tbk (CDI Group), a subsidiary of Chandra Asri Group, has announced its plan for an Initial Public Offering (IPO) with the stock code “CDIA” on the Indonesia Stock Exchange. CDI Group will offer up to 12,482,937,500 registered common shares, representing up to 10.00% of the total issued and paid-up capital after the IPO, with a price range of Rp170–Rp190 per share. The bookbuilding period will take place from 19 to 24 June 2025, with a maximum fundraising target of Rp2.37 trillion, which will be allocated for business expansion in the logistics sector and the development of port and industrial storage facilities.

Through this initiative, CDI Group strengthens its role in providing core infrastructure such as energy, water, logistics, as well as port and storage services, in line with the growing industrial landscape in Southeast Asia. By the end of 2024, the company recorded revenues of USD102.25 million from various business segments, including electricity sales, fuel sales, vessel leasing, and tank and jetty rentals.