Officially Transformed to PT Chandra Asri Pacific Tbk to Support Company Expansion

PT Chandra Asri Petrochemical Tbk has officially changed its Company name to PT Chandra Asri Pacific Tbk (Chandra Asri Group) with the stock code TPIA. This change has officially received approval from the Ministry of Law and Human Rights of the Republic of Indonesia on January 03, 2024 that has received shareholder approval at the Extraordinary General Meeting of Shareholders (EGMS) on December 29, 2023.

This name change was implemented as part of a company’s transformation, in which it is currently intensively diversifying its business portfolio so that it is no longer focused only on the petrochemical sector, but has expanded its business to the chemical sector and infrastructure provision. Thus, changing the name to PT Chandra Asri Pacific Tbk is a strategic step to accommodate changes in broader business focus, strengthening the Company's reputation as a #YourGrowthPartner as the backbone for strategic sectors in the country.