TBS Energi Utama is trading at IDR 416, up 24.55%, following HPS Investment Partners’ commitment of up to S$555 million to expand its Asian waste-management business. - Funding is planned in stages through preferred shares and other instruments in SBTH Asia Holdings, subject to shareholder approval. - A report linked the same 24.55% rise to the announcement but described it as the October 22 session. The provided price context is used for the movement figure; available reporting does not confirm a separate October 23 move.