{
    "success": true,
    "data": {
        "id": 1771019,
        "msgid": "epac-acquired-by-triple-b-in-bid-to-become-investment-holding-1780005959",
        "date": "2026-05-28 22:33:27",
        "title": "EPAC Acquired by Triple B in Bid to Become Investment Holding",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "PT Megalestari Epack Sentosaraya (EPAC) is set to transform into an investment holding company following its acquisition by PT Triple Berkah Bersama (Triple B). The move aims to enhance enterprise value through strategic restructuring and capital management, while maintaining existing plastic packaging operations via subsidiaries. The transaction, expected to conclude by Q2 2026, includes a mandatory tender offer and no changes to management or dividend policies.",
        "content": "<p>PT Megalestari Epack Sentosaraya Tbk (EPAC) will see a change in\ncontrol following PT Triple Berkah Bersama\u2019s (Triple B) acquisition of\n34.56% of its shares. The acquisition is part of EPAC\u2019s planned\ntransformation from a plastic packaging business to an investment\nholding company. EPAC\u2019s management stated that the takeover aims to\nenhance the company\u2019s enterprise value through strengthened business\nstrategy and capital structure. \u201cThe company is set to transform into an\ninvestment holding entity,\u201d management said in a response to the\nIndonesian Stock Exchange (BEI) on 28 May 2026. In a disclosure dated 4\nMay 2026, Triple B is set to become the new ultimate beneficial owner\n(UBO) of EPAC, while PT Sirkah Akselerasi Jaya (SAJ) remains the UBO of\nPT Media Telekomunikasi Mandiri (MTM). The structure is claimed to add\nvalue for both the company and public shareholders. EPAC confirmed its\ncore plastic packaging business will not be discontinued. Existing\noperations will continue through subsidiaries, while the parent company\nwill focus on managing the investment portfolio and developing new\nventures. \u201cThis synergy is expected to provide strategic added value in\nthe form of increased enterprise value for the company,\u201d management\nstated regarding the business shift. Under the new shareholding\nstructure, PT Triple Berkah Bersama will hold 1.14 billion shares,\nequivalent to 34.56% of EPAC\u2019s total shares. PT Omni Multi Industrindo\nretains 24.22%, with the public holding 28.90%. The acquired shares came\nfrom Drs. Ryan Permana and Nessy Sarinda. Prior to the transaction,\nPermana held 20.12% and Sarinda 14.44% of EPAC\u2019s shares. Management\nexplained the sale by the previous shareholders was part of their\ninvestment portfolio strategy. Meanwhile, Triple B and SAJ conducted\ninternal due diligence on financial, operational, and legal aspects\nbefore proceeding with the acquisition. Triple B is known for financial\nconsulting, mergers and acquisitions, restructuring, and capital\nmarkets. SAJ operates in information technology, communications, and\ninternet services. EPAC stated there are no affiliated relationships\nbetween Triple B or SAJ and the company or previous controlling\nshareholders. In the document, EPAC also revealed future business\nactivities will focus on information technology (IT) development.\nHowever, the company confirmed no changes to management structure or\ndividend policy post-acquisition. Noprian Fadli is recorded as the\ncontroller and beneficial owner of Triple B, holding 99% of its shares.\nNoprian has previously been linked to several other listed companies\nsuch as MEJA, NINE, GPSO, and BRRC as an investor and financial advisor.\nThe acquisition negotiation process is targeted to conclude before the\nend of Q2 2026. Following the transaction\u2019s effectiveness, the new\ncontrolling party will conduct a Mandatory Tender Offer (MTO) in\naccordance with OJK Regulation No.\u00a09\/POJK.04\/2018 on Takeovers of Public\nCompanies. The company confirmed it will retain its status as a listed\ncompany on the BEI. \u201cThe company is committed to maintaining its status\nas a Listed Company,\u201d EPAC management stated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/epac-acquired-by-triple-b-in-bid-to-become-investment-holding-1780005959",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}