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VKTR, BYD's Indonesian partner, closes up 11% in stock debut

Summary by Ground News
Shares of VKTR Teknologi Mobilitas closed 11% higher in their stock market debut at the Jakarta bourse. VKTR unveiled details of its plan to assemble electric buses and trucks in Indonesia with Chinese partner BYD. The company last week hauled in 875 billion rupiah ($58.4 million) in its initial public offering.

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VKTR, BYD's Indonesian partner, closes up 11% in stock debut

JAKARTA -- Shares of VKTR Teknologi Mobilitas closed 11% higher in their stock market debut at the Jakarta bourse on Monday, with the company unveilin

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Nikkei broke the news in Japan on Monday, June 19, 2023.
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