Thanks to Jakarta governor Anies Baswedan’s recent statements about reclamation of North Jakarta, shares of Agung Podomoro (APLN) surged 8.85% to Rp246 on Friday (June 21). That means the stock gained 50% in about one month. Defending his policy in the issuance of building permits to the developers, Anies came up with his new version of definition of the islets. He classified them only as ‘extension of the beach’, not islets. To subscribe please click here