Mayora Stock Price Sees 7.36% Surge After Luhut Introduces Elon Musk to Kopiko Candy

JAKARTADAILY.ID - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan recently held a meeting with Tesla CEO Elon Musk in the U.S. During the meeting, Luhut introduced the Indonesian candy brand Kopiko, owned by PT Mayora Indah Tbk.

Luhut Pandjaitan and Elon Musk were seen posing together while holding Kopiko candy wrappers.

After the photo was published, Mayora Indah's or MYOR's stock price rose by 7.36 percent to the level of Rp 1,750 as of Tuesday, April 26, 2022, according to RTI Business data.

Besides Luhut, the meeting was also attended by the Indonesian Ambassador to the U.S. Rosan Roeslani, Pandu Patria Sjahrir, and Anindya Bakrie.

"Alhamdulillah [praise be to God], we had the opportunity to meet with @elonrmuskk to accompany the Coordinating Minister @luhut.pandjaitan together with the Marinvest [Maritime Affairs and Investment] team, Ambassador @rosanroeslani and several business friends at the newest Tesla Gigafactory (1000 Ha) in Austin, Texas," wrote Anindya Bakrie in her Instagram account.

Anindya Bakrie explained that the purpose of the meeting was to convince Tesla to explore cooperation with Indonesia in the supply and processing of nickel as a raw material for battery cells based on a good and sustainable ESG (Environmental, Social, and Governance) strategy.

"We also got a special tour of the Tesla car and battery factory. It's amazing how effective and tidy the supply chain arrangement is," she said.

Luhut Pandjaitan and his entourage also explained the G20/B20 program to Elon Musk, including inviting him to join the International Advisory Caucus B20 and attend the B20 event in mid-November 2022.

The article was translated from Pikiran-Rakyat.com's article titled "Saham Mayora Naik 7,36 person Usai Lihut Pndjaitan Kenalkan Permen Kopiko ke Elon Musk".

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