JAKARTA -- Shares of Indonesian infrastructure and logistics company Chandra Daya Investasi, a unit under major energy conglomerate Barito Pacific, rose 35% in its market debut Wednesday.
IPO
Indonesian logistics firm Chandra Daya rises 35% in market debut
Company plans shipping and port expansion after country's biggest IPO this year
Chandra Daya Investasi oversees electricity, port and shipping businesses of Chandra Asri, Indonesia's largest integrated petrochemical group. (Nikkei montage/Source photos by Chandra Daya Investasi and screenshot from Chandra Asri's website)
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