{
    "success": true,
    "data": {
        "id": 1726997,
        "msgid": "mapi-changes-ownership-pacific-universal-acquires-51-stake-worth-rp11-81-trillion-1778244799",
        "date": "2026-05-08 16:16:23",
        "title": "MAPI Changes Ownership, Pacific Universal Acquires 51% Stake Worth Rp11.81 Trillion",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "PT Mitra Adiperkasa Tbk (MAPI), an Indonesian retail and lifestyle company, has undergone a change in control following the acquisition of a 51% stake by Pacific Universal Investments Pte. Ltd. for Rp11.81 trillion at Rp1,395 per share. As a follow-up, a mandatory tender offer will be conducted at Rp1,550 per share in compliance with capital market regulations, involving collaboration with CVC Capital Partners. This shift to new institutional ownership is expected to influence MAPI's long-term strategy in Indonesia and Southeast Asia without negatively impacting operations.",
        "content": "<p>PT Mitra Adiperkasa Tbk (MAPI) has experienced a change in control\nfollowing the acquisition of 51% of its shares by Pacific Universal\nInvestments Pte. Ltd.\u00a0The mandatory tender offer price has been set at\nRp1,550 per share.<\/p>\n<p>Bareksa - PT Mitra Adiperkasa Tbk (MAPI) has disclosed information\nregarding the change in control based on a report to the OJK and BEI\ndated 8 May 2026. This information is important for investors as it\nmarks the entry of a new controlling entity in the retail and lifestyle\nsector issuer. This event is also followed by plans for a mandatory\ntender offer in accordance with applicable POJK provisions.<\/p>\n<p>Pacific Universal Investments Pte. Ltd.\u00a0has officially acquired 8.466\nbillion MAPI shares, equivalent to 51% ownership, from PT Satya Mulia\nGema Gemilang. The transaction value is recorded at Rp11.81 trillion\nwith a price of Rp1,395 per share. Through this transaction, the buyer\nbecomes the new controlling entity of the company.<\/p>\n<p>As a follow-up, the new controller, together with CVC Capital\nPartners, will appoint a special entity to carry out the mandatory\ntender offer to the public. The tender offer price has been set at\nRp1,550 per share in accordance with capital market regulations. The\ncompany also states that this transaction has no negative impact on\noperations and business continuity.<\/p>\n<p>New Ownership Structure and Mandatory Tender Offer<\/p>\n<p>MAPI\u2019s new controller has an ownership structure involving Pacific\nUniversal Holdings Limited as well as collaboration with CVC Capital\nPartners. This structure forms an institutional investment scheme aimed\nat developing MAPI\u2019s business in Indonesia and Southeast Asia. This\nchange is of market interest as it may affect the company\u2019s long-term\nstrategic direction.<\/p>\n<p>MAPI\u2019s management emphasises that the change in control does not\ndisrupt the company\u2019s operational or financial condition. The mandatory\ntender offer will be conducted in accordance with applicable OJK\nregulations to protect public shareholders. The market will monitor the\nimplementation process and investor participation levels in the tender\noffer.<\/p>\n<p>Transaction Summary for MAPI<\/p>\n<p>Source: MAPI, processed<\/p>\n<p>Mandatory Tender Offer<\/p>\n<p>MTO Price: Rp1,550 per share<\/p>\n<p>Conducted in accordance with POJK No.\u00a09\/2018<\/p>\n<p>Directed to public shareholders<\/p>\n<p>Carried out through an entity appointed jointly with CVC<\/p>\n<p>Impact of Information<\/p>\n<p>No negative impact on operations<\/p>\n<p>Does not disrupt business continuity<\/p>\n<p>Becomes a focus regarding the new strategic direction<\/p>\n<p>Conclusion<\/p>\n<p>The change in control at MAPI marks the entry of global institutional\ninvestors through the acquisition of a majority stake. This process is\nfollowed by a mandatory tender offer in accordance with capital market\nregulations. Looking ahead, the market will monitor the implementation\nof the MTO and business development strategies under the new controller\nas key factors in investor perception.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/mapi-changes-ownership-pacific-universal-acquires-51-stake-worth-rp11-81-trillion-1778244799",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}