Listing Ceremony of PT Multitrend Indo Tbk (BABY) on Indonesia Stock Exchange

Published on 07/09/2023

On Thursday, 7 September 2023, trading hours on Indonesia Stock Exchange (IDX) was opened by PT Multitrend Indo Tbk (BABY) in order to list BABY shares on the IDX Main Board. BABY will be the 65th listed company listed on the IDX in 2023.

BABY is engaged in the retail trade of children’s clothing and toys. BABY is part of the Kanmo Group retail company which holds various licenses for various retail brands in the field of baby and children’s equipment , and has a distribution division that serves other retail partner companies consisting of internal brands (MoMaMi, Pureats) and also other licensed brands. BABY also focuses on omnichannel with a network of shopping sites, available in more than 30 marketplace facilities, and a strong retail distribution network.

BABY started with its first shop at Taman Anggrek Mall. Now, BABY has become a leading retail company that operates 126 stores from various international brands throughout Indonesia, such as Mothercare, ELC, Gingersnaps, Justice, The Children’s Place, Wilio, and also retail at Terminal 3 of Soekarno-Hatta Airport.

(Video listing ceremony of BABY)