CDIA – Acquisition 57.5% stake in ELPI Trans Cargo

CDIA – Acquisition 57.5% stake in ELPI Trans Cargo Chandra Shipping International (CSI), a subsidiary of Chandra Daya Investasi (CDIA), has officially acquired a majority stake in ELPI Trans Cargo (ETC) from Pelayaran Nasional Ekalya Purnamasari (ELPI). The transaction, completed on 8 May ‘26, involved the transfer of 17,250 shares valued at IDR17.3 bn. Following the acquisition, CSI holds 57.5% of ETC, while ELPI retains a 42.5% stake. This move effectively separates ETC from ELPI’s consolidated financial statements. The acquisition is part of a broader strategic plan that includes the purchase of the MPSV Bourbon Evolution 805 vessel, designed to enhance ETC’s capabilities in the offshore services sector and strengthen CDIA's overall maritime logistics infrastructure. (Source : Bisnis Indonesia)