PANI Stock: PIK2 Project Impact and Surge

Flooring Guide by Cinvex – , JAKARTA—A look at the financial fortunes of major investors in PANI shares following the removal of Aguan’s PIK 2 project from the National Strategic Projects (PSN) list, and an analysis of the target price for Surge (WIFI) shares as they participate in the 1.4 GHz frequency auction.

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1. The Fate of PANI Investors After PIK 2 Project’s PSN Removal

What’s next for the stock portfolios of major PANI investors as share prices plummeted on Monday, October 13, 2025?

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2. Surge (WIFI) Share Price Target in 1.4 GHz Frequency Auction

The 1.4 GHz frequency auction is set to begin its pricing phase on Monday, October 13, 2025. Currently, three participants remain: PT Telkom Indonesia (Persero) Tbk. (TLKM), PT Telemedia Komunikasi Pratama (a WIFI subsidiary), and PT Eka Mas Republik (a DSSA subsidiary).

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3. Intense Competition Between Garibaldi Thohir’s Investment Manager and Foreign Firms at the Top of the Mutual Fund Industry

The investment manager owned by conglomerate Garibaldi Thohir is fiercely competing with foreign companies at the forefront of the mutual fund industry, managing assets exceeding Rp 50 trillion.

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4. Exploring CBRE’s Majority Shareholders and Cakra Buana’s Connection to Happy Hapsoro

PT Cakra Buana Resources Energi Tbk. (CBRE), a company operating in the domestic and international sea transportation services sector, has become a hot topic in the capital market.

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5. Business History: Prajogo Pangestu and Barito Group’s Footprint in the Furniture Business

Barito Group, now known as Barito Pacific, is perhaps best known as an energy company with a diversified business portfolio. However, the company’s journey began in the forestry and timber industries.

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Summary

The article discusses the impact of the removal of Aguan’s PIK 2 project from the National Strategic Projects (PSN) list on PANI stock investors. It explores the potential consequences for major PANI shareholders following a drop in share prices on Monday, October 13, 2025.

Furthermore, it examines the target price for Surge (WIFI) shares as the company participates in the 1.4 GHz frequency auction, which commenced its pricing phase on October 13, 2025. The article also touches upon competition in the mutual fund industry and explores details about CBRE’s majority shareholders, and Barito Group’s history in the furniture business.

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