Conglomerate Rights Issue: Shares Soar 600% – CNBC Indonesia

Conglomerate Rights Issue: Shares Soar 600% – CNBC Indonesia

October 21, 2025 Victoria Sterling -Business Editor Business

Here’s a summary of the ⁤relevant facts from the ⁤provided news articles:

* Rights Issues Planned: Multiple Indonesian issuers are planning rights issues (issuing new shares to existing shareholders). Specifically mentioned are:
⁣ * A conglomerate issuer (details not fully specified in the snippets).
* RISE (Hermanto Tanoko), a property issuer, plans ⁣a rights issue of 1.33 billion shares.
* Important Share Price Increases: Several shares have experienced significant gains:
* Shares of the​ conglomerate issuer⁢ have‌ increased⁢ by 600%.
* Shares of Hermanto Tanoko (RISE) are among the 5 shares that have ⁣”flown” ‍(experienced significant ⁢increases) – specifically mentioned as being included in⁣ a group of ⁣shares with strong performance.
* Other Shares Performing Well: Besides RISE, other shares ⁢experiencing gains include those related‌ to ARA⁤ (details ⁢not fully specified).
* Sources: The news comes from Indonesian financial news sources including CNBC Indonesia, Investing.com Indonesia, and investor.id.