Shares of Pantai Indah Kapuk Dua (PANI), developer of PIK-2 township in north Jakarta co-owned by Agung Sedayu Group and Salim Group, ended lower by 4.5% to Rp10,100 on Friday (Sep 20) to make a market capitalisation of Rp170.5 trillion. In the past four weeks alone, PANI already gained 100% to become the first property company in Indonesia ‘valued’ more than US$10 billion. To subscribe please click here
