Flooring Guide by Cinvex – , JAKARTA – Shares of second-tier issuer PT Futura Energi Global Tbk. (FUTR) experienced a dramatic surge, hitting the Auto Reject Atas (ARA) limit during the first trading session on Thursday, September 25, 2025.
According to RTI Infokom data recorded at 11:30 AM Western Indonesia Time (WIB), FUTR stock climbed a remarkable 25% to reach Rp500 per share today. Throughout the initial trading session, the stock actively traded within a range of Rp394 to Rp500 per share.
A substantial 501.8 million FUTR shares were exchanged during the first session, generating a significant turnover of Rp234.5 billion. This robust trading activity propelled FUTR’s market capitalization to an impressive Rp3.32 trillion.
This latest surge further solidifies FUTR’s exceptional year-to-date performance, with the stock having soared an astonishing 235.57% since the beginning of the year. Over this period, FUTR shares have traded between Rp50 and Rp500, demonstrating significant growth.
It is worth noting that FUTR stock was previously listed on a special monitoring board under the full call auction (FCA) mechanism, a testament to its dramatic transformation. Just one year ago, FUTR shares were valued at a mere Rp18 per share, highlighting the incredible trajectory it has experienced.
Adding to its dynamic history, FUTR stock has also undergone two changes in ownership. Currently, PT Aurora Dhana Nusantara (Ardhantara) stands as the controlling shareholder, steering the company’s new direction.
Ardhantara finalized its strategic acquisition of a 45% stake, equivalent to approximately 2.29 billion shares, from the previous controlling shareholder, PT Digital Futurama Global, at a price of Rp11 per share. This pivotal transaction was completed on Tuesday, September 9, 2025.
This acquisition aligns seamlessly with Ardhantara’s ambitious clean energy strategy, as the company is actively developing a significant geothermal energy project in the Mount Slamet region of Central Java. This project boasts an estimated capacity of 220 MW, underscoring their commitment to sustainable power.
Crucially, this transformative project has already secured a vital Power Purchase Agreement (PPA) with PT Perusahaan Listrik Negara (Persero), commonly known as PLN, ensuring a stable off-take for the generated electricity.
Anggara Suryawan, Chief Commissioner of Ardhantara, emphasized that the acquisition decision is integral to Ardhantara’s long-term commitment to accelerating Indonesia’s clean energy transition. He highlighted the strategic importance of this move for the nation’s sustainable development.
“We view FUTR not merely as a company, but as a strategic opportunity to build a greener and more independent energy future for Indonesia,” Anggara stated, encapsulating the vision behind their investment.
To further this vision, Ardhantara is also poised for significant expansion into solar power plants (PLTS), LPG production, and green methanol initiatives. According to Anggara, these diverse projects are designed to serve as crucial pillars for achieving Indonesia’s ambitious net zero emission target by 2060. An initial investment exceeding US$80 million, equivalent to approximately Rp1.2 trillion, has already been allocated for crucial exploration and the development of early-stage infrastructure.
The crucial drilling phase for these projects is strategically scheduled to commence between 2026 and 2027, leveraging partnerships with esteemed global players such as PetroChina, Sinopec, Ormat, and Norinco International. This collaborative approach underscores the scale and international significance of Ardhantara’s energy endeavors.
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Summary
PT Futura Energi Global Tbk. (FUTR) shares experienced a significant surge, hitting the Auto Reject Atas (ARA) limit on September 25, 2025, climbing 25% to Rp500 per share. This strong performance contributes to an astonishing 235.57% year-to-date growth for the stock, which previously traded on a special monitoring board. The surge was accompanied by robust trading activity, generating substantial turnover.
This positive movement follows the recent acquisition of a 45% controlling stake in FUTR by PT Aurora Dhana Nusantara (Ardhantara) on September 9, 2025. Ardhantara’s strategy involves developing a 220 MW geothermal energy project in Central Java, supported by a Power Purchase Agreement with PLN. Furthermore, Ardhantara plans to expand into solar power, LPG production, and green methanol initiatives to accelerate Indonesia’s clean energy transition towards its net zero emission target by 2060.