Resources Global Development Says PT PKPK Exercises Option to Buy PT DPAL Shares for IDR 722.2 Billion
Bitget2026/11/06 10:12- PT PKPK exercised its option on November 3, 2026, to acquire PT DPAL shares under Resources Global Development's restructuring.
- The purchase covers 720,374 shares held by PT DIR and PT KNG for IDR 722.2 billion (approximately S$ 51 million).
- Completion will leave PT PKPK holding 1,412,499 PT DPAL shares, with PT DIR retaining one Class A share.
- The acquisition remains subject to conditions, including PT PKPK shareholder approval at a December 11 meeting; completion is targeted by December 31.
- The agreed price falls within the independent valuation range of IDR 657.7 billion to IDR 764.4 billion as of July 31.
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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