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CBDK Aims for IDR23tn IPO Valuation in January 2025

Algo Research Team

18 December 2024

Not a financial advise, please do your own research

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  • Bangun Kosambi Sukses (CBDK) is a subsidiary of PANI
  • IPO valuation ranges from IDR 17-23 trillion, at 21-28x PER
  • Proceeds will be used to inject capital to an affiliate company

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