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    Pantai Indah Kapuk Dua (PANI) Delayed Rights Issue III Schedule Pending OJK Approval

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    25 November 2025 - 07.47am
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    Pantai Indah Kapuk Dua (PANI) Delayed Rights Issue III Schedule Pending OJK Approval

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    Latest update: 09-12-2025, 02:11

    INDUSTRY 
    Indonesia Rice Production Projected to Reach 34.77 mn Tons in 2025 
    Indonesia’s rice output is projected to hit 34.77 mn tons in 2025, surpassing the initial 32 mn-ton target and exceeding USDA’s 34.6 mn-ton estimate as well as FAO’s 35.6 mn-ton outlook. The Agriculture Ministry attributed the increase to irrigation rehabilitation, mechanization programs, and land-use optimization. Looking ahead to 2026, the govt targets a sharply higher 44.77 mn-ton output as rice production remains a priority in strengthening national food security. (Kontan) 

    Indonesia Cocoa Exports Rose 68.8% in 9M25 
    Indonesia’s cocoa, processed cocoa, and cocoa-based food exports surged to USD 2.8 bn in 9M25 (+68.8% YoY), supported by stronger downstream activity and rising global demand across Europe, Australia, and New Zealand. The govt urged deeper cocoa hilirisation after observing improved product competitiveness at Cau Chocolates, while emphasizing the need to leverage trade agreements to expand market access. (Kontan) 

    COMPANY 
    Pantai Indah Kapuk Dua (PANI) Delayed Rights Issue III Schedule Pending OJK Approval PANI announced a postponement of its IDR 16.7 tn Rights Issue III as the co. is still awaiting the Effective Statement Letter from OJK for the PMHMETD III registration. All previously issued timelines will be adjusted once approval is received, with the updated schedule to be announced in due course. Management emphasized that the delay has no impact on operational activities, legal matters, financial condition, or business continuity, and confirmed there is no additional material information at this time. (IDX Channels) 

    Chandra Daya Investasi (CDIA) Commenced Operation of 4.7 MWp Solar Power Plant CDIA began operating a 4.7 MWp PLTS under its subsidiary KCE after the facility reached COD on 17-Nov-25, lifting the co.’s total installed solar capacity to 11 MWp with output allocated for the Krakatau Industrial Estate. The project—built on 5 hectares of previously idle land—supports industrial power needs while cutting an estimated 5,086.74 tons CO₂eq annually, reinforcing CDIA’s long-term EBT strategy and plans to expand PLTS capacity for cleaner, more reliable energy solutions. (Kontan)