PT Pantai Indah Kapuk Tbk ("PANI") is one of the property developers in North Jakarta, located exactly at Pantai Indah Kapuk 2 (PIK2) which is located on the coastline of North Jakarta and carries the philosophy of a dynamic and modern lifestyle with innovations developed following market development. PANI is a property issuer that is worth considering as one of the best investment choices for local and foreign investors, both institutional and retail.

At the Tempo-IDNFinancials 52 Index Issuer Appreciation Night event held on 26th July 2024, PANI received a numbe of awards in the Main Index, High Growth, and High Market Capitalization categories. PANI, together with 83 other issuers who received an award at this Appreciation Night, were appreciated for their proven good, stable and reliable financial performance of the issuers.

PANI President Director, Sugianto Kusuma, in his speech said, "As a developer with more than 50 years of experience and as an issuer who has taken part in the movement on the IDX, we thank Tempo-IDNFinancials for this award and fo course this award is an encouragement for us to continue advancing PANI and at the same time as a reminder for us that inclusion in indices such as Index52 continues to monitor PANI's performance from time to time so that we continue to strive for innovation to strengthen PIK2, especially in terms of operational expansion and financial growth."

PANI will uphold its commitment to all stakeholders and implement a busines strategy that has been designed in such a way as to achieve medium and long term goals, at least 5 years from now. As a continuation of the corporate action in 2022, PANI has completed the process of increasing capital with second pre-emptive rights (PMHMETD), so that PANI has 1,607 ha of land which is strategically located in PIK2 and continues to strive for a 100% pre-sales target in 2024.

"I continue to encourage brilliant innovation to create an optimal market in PIK2 and sustainable profitability without sacrificing consumer trust. With our joint efforts and resources, I hope that shareholders can see sustainable growth in each period and I am very optimistic about PANI's future business prospects and Indonesia's economic growth in general," he added.