{
    "success": true,
    "data": {
        "id": 2034810,
        "msgid": "idx-approves-pbsa-share-split-here-is-the-new-nominal-value-1791863444",
        "date": "2026-10-13 10:10:46",
        "title": "IDX Approves PBSA Share Split; Here Is the New Nominal Value",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Investment",
        "summary": "The Indonesia Stock Exchange has approved PT Paramita Bangun Sarana\u2019s 1-for-2 share split, intended to make its shares more accessible and improve trading liquidity. The split will double the number of issued and paid-up shares to six billion, with trading in the new nominal-value shares beginning on 14 October on the regular and negotiated markets and on 16 October on the cash market.",
        "content": "<p>Jakarta \u2014 PT Paramita Bangun Sarana Tbk (PBSA) has secured approval\nfrom the Indonesia Stock Exchange (IDX) to carry out a 1-for-2 share\nsplit. In a disclosure, the company said the approval was set out in an\nIDX letter dated 5 October 2026.<\/p>\n<p>The construction services issuer said the proposed share split was\nbeing considered as a step to make its shares more affordable for\ninvestors and support greater trading liquidity on the IDX.<\/p>\n<p>On 18 September 2026, PBSA held an extraordinary general meeting of\nshareholders (EGMS) on the share split, which shareholders approved.<\/p>\n<p>As a result, PBSA\u2019s nominal share value will fall from Rp50 to Rp25\nper share. The company\u2019s authorised capital totals Rp480 billion,\ndivided into 19.2 billion shares, each with a nominal value of Rp25.<\/p>\n<p>Following the split, the number of PBSA shares issued and paid up\nwill rise from 3 billion to 6 billion.<\/p>\n<p>Trading in the shares at their new nominal value will begin on the\nregular and negotiated markets on 14 October 2026, and on the cash\nmarket on 16 October.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-approves-pbsa-share-split-here-is-the-new-nominal-value-1791863444",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}