Geothermal Boss' Stock Sale
Pertamina Geothermal Energy will offer 25 percent of its shares to the public. Foreign investors are ready to get in, and the geothermal project continues.
Retno Sulistyowati
February 20, 2023
THREE days ahead of the initial public offering (IPO) of Pertamina Geothermal Energy or PGE, which is scheduled for February 20-22, David Anwar still has not made a decision yet. The capital market retail investor was still contemplating whether he should buy the shares of Pertamina’s second-tier subsidiary. “(I’m) still monitoring online trading,” the employee of a private company in Jakarta told Tempo on Friday, February
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