
Top Stories
Small/Mid Cap Highlights | Maharaksa Biru Energi (OASA IJ/NOT RATED/Rp352)
OASA secured the Lampung project in Danantara's Batch 2 tender, adding to its WtE pipeline alongside South Tangerang and West Jakarta. Perpres No. 109/2025 standardises the WtE framework through 30-year PPAs with Perusahaan Listrik Negara (PLN), government-provided land, and guaranteed waste supply. Together, these developments support the government's target to develop 33 WtE plants by 2029, with a total planned investment of around Rp90t.
Technical Analysis
Bukalapak.com | BUKA IJ
Trading Buy Range: We have a technical Buy at Rp118, and take profit at Rp128.
ESSA Industries Indonesia | ESSA IJ
Trading Buy Range: We have a technical Buy at Rp645, and take profit at Rp700.

Top Stories
Small/Mid Cap Highlights | Maharaksa Biru Energi (OASA IJ/NOT RATED/Rp352)
OASA secured the Lampung project in Danantara's Batch 2 tender, adding to its WtE pipeline alongside South Tangerang and West Jakarta. Perpres No. 109/2025 standardises the WtE framework through 30-year PPAs with Perusahaan Listrik Negara (PLN), government-provided land, and guaranteed waste supply. Together, these developments support the government's target to develop 33 WtE plants by 2029, with a total planned investment of around Rp90t.
Technical Analysis
Bukalapak.com | BUKA IJ
Trading Buy Range: We have a technical Buy at Rp118, and take profit at Rp128.
ESSA Industries Indonesia | ESSA IJ
Trading Buy Range: We have a technical Buy at Rp645, and take profit at Rp700.
IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at the following link: https://research-api.uobkayhian.com/assets/disclaimer/39d09b25-c4bd-4bfe-8aa7-49d7f37abfd5, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.



