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Fore Coffee, officially known as PT Fore Kopi Indonesia Tbk, made a strong debut on the Indonesia Stock Exchange (Bursa Efek Indonesia) on April 14, 2025, with its shares rising 34%. The company entered the market through an Initial Public Offering (IPO), attracting investor interest despite concerns over potential tariffs impacting its sales of pandan-flavored lattes. In related news, shares of Singaporean food conglomerate Olam Group increased by 4% following an announcement that it would use proceeds from a recent stake sale in its agri-business unit to reduce debt.
Singaporean food conglomerate Olam Group’s shares rose 4% on Monday after it says it will use proceeds from the recent stake sale in its agri-business unit to pay off debt https://t.co/kPt7fWl9V8
Fore Coffee shares jump 34% on IPO debut https://t.co/cBrJ6CCmit
Fore Kopi Indonesia soars in its trading debut in Jakarta as investors shrugged off the likelihood of tariffs hurting the local coffee chain’s ability to sell pandan-flavored lattes https://t.co/6FLbxRZor8