MAPI - Change in controlling shareholder

MAPI - Change in controlling shareholder Mitra Adiperkasa (MAPI) has a new controlling shareholder following the acquisition of a 51% stake (8.466 bn shares) by Singapore-based Pacific Universal Investments Pte. Ltd from Satya Mulia Gema Gemilang at IDR 1,395 per share, representing a total transaction value of around IDR 11.81 tn. In a recent public disclosure, management emphasized that this change in control will not adversely impact the company’s operations, financial position, or business continuity. Note that MAPI started 2026 with strong results, booking 1Q26 revenue of IDR12.29 tn (+32.0% yoy) and net profit of IDR628.04 bn (+33.0% yoy). (Source : Bisnis Indonesia)