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BREN Tops the Renewable Energy Sector on the Stock Exchange

The number of shares offered in an IPO is only 3 percent of the issued business capital. Thus, BREN's market capitalization reached IDR 130.4 trillion with the majority of shares held by Barito Pacific.

This article has been translated using AI. See Original .
By
ERIKA KURNIA
· 3 minutes read

The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found in BREN Rajai Sektor Energi Terbarukan di Bursa

PT Barito Renewables Energy Tbk officially listed on the Indonesia Stock Exchange with the name BREN, on Monday (9/10/2023).
TANGKAPAN LAYAR YOUTUBE BEI

PT Barito Renewables Energy Tbk officially listed on the Indonesia Stock Exchange with the name BREN, on Monday (9/10/2023).

JAKARTA, KOMPAS — PT Barito Renewables Energy Tbk was officially listed on the Indonesian Stock Exchange with the issuer code BREN, Monday (9/10/2023). This company, which produces electricity from geothermal energy, experienced excess supply after scoring the largest capitalization on the stock exchange for the renewable energy sector during its initial public offering.

Editor:
ARIS PRASETYO
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