Indonesia's record fines involve Petrindo Jaya Kreasi stock

Published on 10/22/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Indonesia's regulator linked Petrindo to IDR 2.10 trillion in fines on October 22, 2026. Petrindo Jaya Kreasi stock has an IDR 500 billion buyback.

Regulatory, operating and trading markers

Indonesia's regulator linked Petrindo to IDR 2.10 trillion in fines on October 22, 2026.
First-half 2026 revenue reached IDR 12.15 trillion, up 59.29 percent year over year.
Petrindo Jaya Kreasi was last at IDR 505.00 on the IDX on October 22, 2026 at 3:03 p.m. WIB.

Petrindo Jaya Kreasi, ID1000187206, Illustration mit AI erstellt.

Petrindo Jaya Kreasi stock (ISIN ID1000187206) was among three Indonesian companies linked to record regulatory fines totaling IDR 2.10 trillion on October 22, 2026, according to Reuters. The event puts governance and ownership concentration alongside the company's operating growth.

Regulatory risk meets operating growth

Reuters reported that Indonesia's financial regulator linked Petrindo to sanction letters covering trading-rule violations at three listed companies. The total IDR 2.10 trillion was described as the regulator's biggest set of fines, while the report did not assign the full amount to Petrindo alone.

For Petrindo specifically, Kontan reported an IDR 100.00 billion administrative fine tied to the share-offering process on October 16, 2026. Management said operations, financial commitments and the company's financial condition continued normally.

Three events set the timeline

On October 6, 2026, Petrindo's investor page listed Henan Putihrai with an IDR 2,590.00 target in an equity research report. On October 19, 2026, Bisnis.com reported a planned IDR 500.00 billion buyback. On October 22, 2026, Reuters reported the record fine total involving Petrindo and two other listed companies.

What does the buyback change?

The planned buyback runs from October 19, 2026, through December 31, 2026, with internal cash funding and two appointed securities firms, according to Bisnis.com. The same report said pro forma assets would move from USD 2.64 billion to USD 2.62 billion, while equity would change from USD 638.37 million to USD 610.36 million.

Operating momentum provides a separate reference point. Kontan reported first-half 2026 revenue of IDR 12.15 trillion, up 59.29 percent from IDR 7.63 trillion a year earlier. The comparison gives investors a concrete measure of growth against the regulatory issue.

Upcoming reporting and buyback dates

TradingView lists October 30, 2026, as the next earnings date. The buyback period ends on December 31, 2026, according to Bisnis.com.

IDX quote and investor context

Petrindo Jaya Kreasi was last at IDR 505.00 on the IDX on October 22, 2026, at 3:03 p.m. WIB. Its market capitalization was IDR 56.8 trillion, and its 52-week range was IDR 464.00 to IDR 2,870.00.