JAKARTA (Yosefardi) – Shares of PT Cipaganti Cipta Graha (CPGT) skyrocketed 20.97% after 30 menits of trading this morning, traded at Rp370 per share, almost doubled from its IPO price of Rp190 per share.
Cipaganti listed at Indonesia Stock Exchange (IDX) on July, 2013.
Investors opt to collect CPGT shares as the company is now on acquisition over some taxi operators.
Recently taxi operator PT Grand Transportasi Sejahtera, subsidiary of PT Cipaganti Cipta Graha (CPGT), has acquired 2 taxi operators – PT Pandu Persada Saranamukti and PT Andika Semesta.
CPGT has been granted approval for the operation of 150 new cabs for Banten and greater Jakarta area.