Paragon Karya Perkasa Proposes 10-for-1 Stock Split

Bitget2026/11/04 03:46

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Paragon Karya Perkasa shareholders will vote on a proposed 10-for-1 stock split at an extraordinary general meeting on December 11, 2026.
The split would increase outstanding shares from 1,200,000,000 to 12,000,000,000, reducing nominal value per share from Rp 200 to Rp 20.
Share capital would remain unchanged; the proposal aims to improve trading liquidity and make shares more affordable for retail investors.
Trading on the regular and negotiated markets at the new nominal value is tentatively scheduled to begin December 29, 2026.
The resolution requires support from more than two-thirds of valid voting shares present or represented at the meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Paragon Karya Perkasa Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32171786) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Paragon Karya Perkasa Proposes 10-for-1 Stock Split

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