PT Esta Indonesia Tbk’s IPO on the Indonesia Stock Exchange

PT Esta Indonesia Tbk, a client of Nore Inovasi, officially entered the Indonesia Stock Exchange on August 8, 2024. This significant event marked a milestone for the company and the Indonesian stock market.

Support from Nore Inovasi’s CEO

In support of this achievement, Noer Prajitno, CEO of CV Nore Inovasi, attended the IPO of PT Esta Indonesia Tbk (NEST) at the Indonesia Stock Exchange (IDX). This reflects Nore Inovasi’s ongoing commitment to supporting the growth and success of its clients.

Strong First-Day Performance

According to data from the IDX, NEST shares saw a remarkable 35% increase on their first trading day. The trading frequency of NEST shares was 99 times, with a total of 5,288 shares traded. This impressive performance highlights the market’s positive reception of PT Esta Indonesia Tbk.

NEST Joins the IDX in 2024

As an exporter of bird’s nest products, PT Esta Indonesia Tbk became the 34th company to be listed on the Indonesia Stock Exchange in 2024. This achievement further emphasizes the growing role of Indonesian companies in the global market.

(Source: market.bisnis.com)

Noer Prajitno (CEO of CV Nore Inovasi) attended the IPO of NEST at the Indonesia Stock Exchange on August 8, 2024. (Left)

NEST recorded a 35% increase on its first day of trading. (Right)

NEST operates swiftlet habitats in various regions across Indonesia. Focusing on environmentally friendly bird’s nest farming with strong traceability, Esta partnered with CV Nore Inovasi to align the company’s goals with digitalization, leveraging information technology.

Nore Inovasi has worked with Esta to develop a smart home for swiftlet farming. The integration of technology into the company’s operational system supports various areas, including monitoring habitats, reporting (iONEST), and quality control and distribution of swiftlet house products (Digiwalet). This entire process is crucial for improving productivity and the quality of harvests.

CV Nore Inovasi congratulates PT Esta Indonesia Tbk on its official IPO and hopes that the collaboration between both parties will continue to grow. NEST’s listing on the IDX demonstrates Nore’s commitment to fully supporting the growth of our clients’ businesses with the best IT services. Wishing PT Esta Indonesia Tbk continued success, and thank you for the opportunity.

Reference:

1. https://investasi.kontan.co.id/news/resmi-melantai-di-bei-esta-indonesia-nest-jadi-emiten-ke-34-di-2024#google_vignette

Press Release of cooperation between PT Esta Indonesia Tbk and CV Nore Inovasi:

1. https://tangerangdaily.id/pt-esta-indonesia-berhasil-kembangkan-artificial-intelegence-dalam-rumah-budidaya-walet-smart/
2. https://www.jpnn.com/news/esta-indonesia-dirikan-rumah-pintar-budi-daya-walet-pertama-di-indonesia#google_vignette
3. https://sinartani.co.id/komoditas/ternak/manfaatkan-it-di-rumah-walet-kabarantin-apresiasi-pt-esta-indonesia/#google_vignette