Surya Semesta Internusa Looks Well-Placed to Ride Indonesia's EV Manufacturing Wave — Market Talk

About this update from Pt Surya Semesta Internusa Tbk

Surya Semesta Internusa looks well-placed to ride Indonesia's emerging electric-vehicle manufacturing wave via its Subang industrial estate, Maybank Sekuritas Indonesia's Kevin Halim says in a research report. The conglomerate is targeting a strong rebound in industrial land sales to 135 hectares in 2026 from 47 hectares in 2025, driven by recovering demand in Indonesia's Subang, the analyst notes. The Indonesian company's hotel segment is also likely to turn around this year following the reopening of Paradisus by Meliá Bali resort in February 2026. The brokerage resumes coverage of the stock with a buy rating and a target price of 1,850 rupiah compared with 1,500 rupiah previously. Shares are 0.3% higher at 1,665.00 rupiah. ([email protected])

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