The Strategic Upside for TPIA Following Acquisition of ExxonMobil’s Esso Network

The Strategic Upside for TPIA Following Acquisition of ExxonMobil’s Esso Network

Prajogo Pangestu’s TPIA has acquired Esso’s fuel station network from ExxonMobil in Singapore, supported by US$750 million in financing from KKR.

(Bisnis.Com) 01/01/70 07:00 43462

Bisnis.com, JAKARTA — The share price trend of PT Chandra Asri Pacific Tbk. (TPIA) has remained in negative territory over the past six months, while posting only a slight year-to-date (YtD) gain as of Wednesday (19/11/2025).

According to data from the Indonesia Stock Exchange (IDX), shares of TPIA, controlled by conglomerate Prajogo Pangestu, settles at IDR 7,400 per share on Wednesday (11/19/2025) at 09:30 a.m. Jakarta time, after opening at IDR 7,600 per share.

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