News

Listing Ceremony of PT Trimegah Bangun Persada Tbk (NCKL) on Indonesia Stock Exchange

Published on 10/04/2023

On Monday, 10 April 2023, Indonesia Stock Exchange (IDX) trading hours were opened by PT Multi Makmur Lemindo Tbk (PIPA) in the context of listing PIPA’s shares and warrants on the IDX Development Board. PIPA is officially listed on the IDX as the 30th issuer in 2023.

PIPA was founded in 2005 and is a plastic manufacturing company made from PVC (Polymer Vinyl Chloride) for building materials, as well as trading and distribution through its Subsidiaries.

Currently, PIPA has production facilities for PVC pipes, PVC fittings, PVC glue, and other building material products with an installed production capacity of 300 tons located in Tangerang-Banten. Other building material products produced by PIPA include wood glue, cast buckets, clear buckets, gutters, and others. PIPA serves the needs of building materials in various sectors and industries such as property, manufacturing, agriculture, and large infrastructure projects. PIPA also participates in fulfilling PVC pipes for government toll road projects in the Java and Sumatra regions.

(Video of the PIPA recording ceremony)

IDX

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