Rancak Media – , JAKARTA — Raymond Budhin, a Director at PT Chandra Asri Pacific Tbk. (TPIA), has once again significantly boosted his stake in the company, acquiring 200,000 TPIA shares in a transaction valued at an impressive Rp1.42 billion.
According to public disclosure information, Raymond, who has held the position of Director of Polymer Sales at TPIA since April 2022, executed this substantial purchase of the company’s common shares in a single transaction on November 28, 2025.
“The purpose of this transaction is for investment with direct ownership status,” Raymond stated in the disclosure, released on Monday, December 1, 2025, signaling his continued confidence in the petrochemical giant.
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In a detailed breakdown, the University of Southern California alumnus acquired 100,000 TPIA shares at a price of Rp7,125 per share, and an additional 100,000 shares at Rp7,150 each. Consequently, the total transaction value for Raymond’s latest acquisition reached Rp1.42 billion.
Following this transaction, Raymond now holds a total of 2.80 million TPIA shares, representing 0.00% of the company’s voting rights. This marks an increase from his previous holding of 2.60 million shares, which also constituted 0.00% of voting rights, prior to the recent acquisition.
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This isn’t Raymond’s first significant move to accumulate TPIA shares this year. Earlier, on October 10 and 7, 2025, he was also recorded purchasing 200,000 TPIA shares at prices of Rp7,925 and Rp7,750 per share, respectively. These previous accumulation efforts involved an outlay of Rp1.56 million, underscoring a consistent pattern of strategic investment.
“The purpose of these transactions was for investment,” Raymond similarly stated in a disclosure released in mid-October, reiterating his long-term strategic view for his holdings.
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On the stock exchange, TPIA shares were observed closing stagnant at Rp7,400 per share during trading on Monday, December 1, 2025. Despite this recent stability, the company’s stock has recorded a slight decline of 1.33% year-to-date in 2025.
Chandra Asri Petrochemical Tbk. – TradingView
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Summary
Raymond Budhin, a Director at PT Chandra Asri Pacific Tbk. (TPIA), has significantly increased his stake by acquiring 200,000 TPIA shares valued at Rp1.42 billion. This transaction, executed on November 28, 2025, was for investment with direct ownership, with shares purchased at Rp7,125 and Rp7,150 each. This move signals his continued confidence in the petrochemical company.
Following this latest acquisition, Raymond now holds a total of 2.80 million TPIA shares, up from 2.60 million previously. This consistent investment strategy also saw him purchase 200,000 TPIA shares for Rp1.56 million in October 2025. Despite TPIA shares closing stagnant at Rp7,400 on December 1, 2025, Budhin maintains a long-term strategic view for his holdings.
