Major Investors Steadily Raising Stakes in Prajogo Pangestu–Linked Miner (CUAN)
BlackRock and Vanguard are steadily increasing their stakes in Petrindo (CUAN), as the company doubles down on expansion in mining and energy.
(Bisnis.Com) 01/01/70 07:00 58122
Bisnis.com, JAKARTA — Several heavyweight investors have been actively increasing stakes in PT Petrindo Jaya Kreasi Tbk. (CUAN), particularly throughout the fourth quarter of 2025. The Prajogo Pangestu–owned company is rolling out an ambitious expansion strategy to bolster its portfolio and profitability.
Citing Bloomberg data on Monday (12/1/2025), BlackRock emerged as the most enthusiastic buyer of CUAN shares, while Vanguard leads in overall holdings. Vanguard has amassed 731.64 million CUAN shares.
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