FORE – Partial IPO proceeds utilized for FY25 outlet expansion

FORE – Partial IPO proceeds utilized for FY25 outlet expansion Fore Kopi Indonesia (FORE) has utilized IDR2.05 bn from its IPO proceeds as of July ’25 to support its new outlet expansion, although details on the specific locations have yet to be disclosed. This allocation represents only 0.61% of the total IPO funds of IDR337.19 bn. As part of its growth plan, FORE targets the construction of 70 new outlets across various cities in Indonesia throughout FY25F. (Source : Bisnis Indonesia)