Jakarta - Officially becoming the 30th listed company on the Indonesia Stock Exchange (IDX) this year, PT Indo Oil Perkasa Tbk (OILS) targets export markets to Thailand, Turkey, Middle East, and European countries.

Indo Oil Perkasa President Director Johan Widakdo Liem said the prospect of copra oil or crude coconut oil is still promising.

"Countries that produce CNO derivative products, such as the United States, the Netherlands, Germany, China need supplies from coconut producing countries that are members of the Asia Pacific Coconut Community (APCC), such as Indonesia. Indo Oil Perkasa plans to open new markets in Thailand, Turkey, the Middle East, and Europe, and is currently preparing its permits for these new markets," he said in a statement on Monday (6/9).

According to Johan, in the initial public offering (IPO) of shares, Indo Oil offered 150 million new shares or 33.04 percent of the fully paid-up capital.

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