🟢 TBS Energi Utama is trading 7.55% up today on proposed IDR 3 million incentive and Molinas program

TBS Energi Utama is trading IDR 570.00 (+7.55%) amid sentiment around Indonesia’s proposed IDR 3 million electric-motorcycle incentive and the Molinas national electric-vehicle program, which could support its Electrum exposure.

• The August 21 report noted IDR 19.33 billion in transaction value.
• A recent MESOP-related corporate filing was also reported.