{
    "success": true,
    "data": {
        "id": 1656810,
        "msgid": "bri-sells-65-stake-in-bri-manajemen-investasi-to-danantara-asset-management-1775652777",
        "date": "2026-04-05 16:20:24",
        "title": "BRI Sells 65% Stake in BRI Manajemen Investasi to Danantara Asset Management",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "PT Bank Rakyat Indonesia (BRI) has signed a conditional share purchase agreement to sell 65% of its stake in PT BRI Manajemen Investasi (BRI MI) to PT Danantara Asset Management (DAM) for Rp 975 billion, slightly above the independent valuation of Rp 969.3 billion. This affiliated transaction, overseen by the same ultimate controller\u2014the Republic of Indonesia\u2014aims to enhance business synergies and bolster DAM's capabilities as the operational holding for state-owned enterprises in the investment sector. The move is expected to strengthen DAM's position in the asset management industry and create a more competitive investment management entity, adding value for stakeholders without qualifying as a material transaction under regulatory standards.",
        "content": "<p>JAKARTA. PT Bank Rakyat Indonesia Tbk (BRI) is set to divest the\nmajority of its shareholding in PT BRI Manajemen Investasi (BRI MI) to\nPT Danantara Asset Management (DAM). Based on the disclosure of\ninformation on Thursday (2 April 2026), BRI signed a conditional share\npurchase agreement (PJBB) with DAM on 1 April 2026. This transaction\nrelates to the planned sale of 19.5 million shares of BRI MI to DAM.\nThat amount equates to 65% of the total placed and paid-up capital of\nBRI MI, potentially transferring control of the investment manager\ncompany to DAM. The value of this affiliated transaction is reported to\nreach Rp 975 billion. Meanwhile, based on an independent appraisal, the\nmarket value of BRI MI shares is estimated at Rp 969.3 billion. The\ndocument states that the transaction price is considered fair because it\nis above the market value set by the independent appraiser. In addition,\nthis transaction is projected to provide added value to BRI\u2019s financial\nperformance. This transaction is conducted between affiliated parties,\ngiven that BRI and DAM are under the control of the same party, namely\nthe Republic of Indonesia, either directly or indirectly. Nevertheless,\nthe transaction does not fall into the category of material transaction\nas regulated by the regulator. Therefore, its implementation refers to\nthe provisions for affiliated transactions in accordance with the\nFinancial Services Authority Regulation (POJK). BRI\u2019s management stated\nthat this step aims to increase business synergy potential and\ncomplement DAM\u2019s capabilities as the operational holding for state-owned\nenterprises in the investment sector. With this transaction, DAM is\nexpected to strengthen its position in the asset management industry and\ncreate a more competitive and value-adding investment management company\nfor stakeholders.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bri-sells-65-stake-in-bri-manajemen-investasi-to-danantara-asset-management-1775652777",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}