PT Newport Marine Services Tbk (BOAT) Officially Listed on the Indonesian Stock Exchange

On November 12, 2024, PT Newport Marine Services Tbk, with the issuer code BOAT, officially registered itself as a public company after carrying out an initial public offering (IPO) today. This company, which operates in the marine services sector for the oil and gas industry, is now expanding access to funding to support its business expansion and development plans.

This IPO step is expected to improve the company's financial performance while strengthening its position in the national energy sector. PT Newport Marine Services targets sustainable growth by utilizing IPO proceeds to increase operational capabilities and invest in maritime technology and infrastructure.

With the success of this IPO, PT Newport Marine Services joined the list of marine sector companies listed on the Indonesian Stock Exchange. Investors now have the opportunity to be part of the company's growth journey focused on providing high-quality services in the national energy industry.