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20260611_TPIA_Laporan Informasi dan Fakta Material_32100247_lamp1.pdf
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PRESS RELEASE Chandra Asri Wins Deal of the Year at the Energy Council Awards, Marking Bold Transformation into Regional Energy and Chemicals Champion Singapore, 11 June 2026 – PT Chandra Asri Pacific Tbk (“Chandra Asri Group”) (IDX: TPIA) deal has been named Deal of the Year – Over US$100 Million Transaction Category at the Energy Council Singapore Awards of Excellence 2026, in recognition of its strategic acquisition of Shell Energy and Chemicals Park Singapore (“SECP”), now operating as Aster Chemicals and Energy Pte. Ltd. (“Aster”). The award marks an important milestone in Chandra Asri Group’s transformation from Indonesia’s leading integrated chemical and infrastructure company into a regional champion across energy, chemicals and infrastructure. The acquisition of Aster significantly expands the Group’s operational footprint, strengthens its presence in Singapore, and creates a larger, more integrated regional platform with the scale, capabilities and strategic relevance to support Asia Pacific’s evolving industrial and energy needs. The Energy Council is a global energy investment network connecting senior industry leaders, investors and financiers across the energy sector. Its Awards of Excellence recognise outstanding companies, executives and transactions, with the Energy Council Singapore Awards celebrating landmark deals and strategic achievements that have helped shape the Asia Pacific energy landscape. Andre Khor, Group Chief Financial Officer for Chandra Asri Group and Deputy CEO at Aster said, “We are honoured to receive this recognition from the Energy Council. This award reflects the strategic significance of the Aster acquisition in accelerating Chandra Asri Group’s transformation into a regional champion across the energy, chemicals and infrastructure space. As we continue to expand our integrated platform, we remain focused on creating sustainable long-term value, strengthening regional industrial resilience, and supporting economic development across Indonesia and the broader Asia Pacific region.” The acquisition was completed through CAPGC Pte. Ltd., a joint venture between Chandra Asri Group and Glencore. Through the transaction, Chandra Asri Group acquired Aster, formerly a subsidiary of Shell Singapore Pte. Ltd., significantly expanding its operational footprint and strategic asset base in Singapore.
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This recognition further affirms Chandra Asri Group’s commitment to building a regionally
competitive Energy, Chemicals and Infrastructure platform.
As Asia Pacific continues to advance its energy transition, industrial resilience and value creation
agendas, strategic investments of this nature play an increasingly important role in strengthening
regional capabilities, enhancing competitiveness and supporting sustainable economic growth.
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About Chandra Asri Group
Chandra Asri Group is a leading provider of energy, chemicals, and infrastructure solutions in Southeast
Asia, supplying products and services to various manufacturing industries in both domestic and
international markets. Since its establishment in 1992, Chandra Asri Group has continuously grown and
strengthened its reputation as a reliable growth partner with strategic assets across Indonesia and
Singapore. The Company’s asset portfolio includes a refinery with a capacity of 237,000 barrels per day
and an ethylene cracker unit with a capacity of 1.1 million metric tons in Pulau Bukom, 2.5 million metric
tons of downstream chemical assets in Pulau Jurong, ~60 Esso retail fuel stations in Singapore, and
Indonesia’s first naphtha cracker in Cilegon with an ethylene production capacity of 0.9 million metric tons
per year. The Company’s business operations are supported by core infrastructure assets covering energy,
water, port and storage, and logistics. For more information, please visit www.chandra-asri.com.
For further information, please contact:
Chandra Asri Group
Chrysanthi Tarigan
Head of Corporate Communications
Telp: 021-530 7950
Email: corporate.comm@capcx.com
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CAPGC Pte. Ltd.
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Shell Singapore Pte. Ltd.
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