Jakarta, CNBC Indonesia \u2013 Telecommunications issuer PT Remitra Global\nInternational Tbk (MKNT), previously known as PT Mitra Komunikasi\nNusantara Tbk, has officially entered a new chapter after all agenda\nitems of its Extraordinary General Meeting of Shareholders (EGMS) were\napproved by shareholders.<\/p>\n
The EGMS, held at the Manhattan Hotel in Jakarta on 14 September\n2026, approved six agenda items, including a capital increase without\ngranting Pre-emptive Rights (PMTHMETD), a change of company name, a\nchange of controller, amendments to the Articles of Association, and\nchanges to the composition of the Board of Directors and Board of\nCommissioners.<\/p>\n
The corporate action forms part of the company\u2019s strategy to improve\nits financial condition whilst building a foundation for long-term\nbusiness growth. Through the PMTHMETD, the company will carry out a\ncapital increase valued at up to Rp1.024 trillion.<\/p>\n
The funds come from several sources. A portion will be used to\nconvert the company\u2019s obligations to two creditors into new shares.<\/p>\n
Obligations of Rp668 billion to PT Headwell Bintang Energi Hijau and\nRp154.925 billion to PT Mantra Capital Persadan will be converted into\nshares.<\/p>\n
In addition to the debt conversion, the company will also receive a\ncash injection of Rp200 billion from five independent investors, plus a\nfurther Rp1.5649 billion from PT Mantra Capital Persadan.<\/p>\n
With the completion of the PMTHMETD, the company stated that its\nequity position has returned to positive territory. This condition is\nexpected to give the company room to resume its operational activities\nwith a healthier capital structure.<\/p>\n
New Controller Comes On Board<\/p>\n
The change in capital structure also brings consequences for the\ncompany\u2019s ownership and control. As a direct legal effect of the\nPMTHMETD, PT Headwell Bintang Energi Hijau will become the new\ncontroller of Remitra Global International.<\/p>\n
Handoyo Setiawan has been designated as the ultimate beneficial owner\nof the new controller. This change of controller also marks a major\ntransformation in the company\u2019s business direction, following its\nprevious incarnation as PT Mitra Komunikasi Nusantara Tbk.<\/p>\n
The business transformation of Remitra Global is not only marked by\nchanges in capital structure and control. Earlier, on 29 May 2026, the\ncompany completed the acquisition of two operational entities, namely PT\nCitra Baru Steel and PT Radja Udang Malingping.<\/p>\n
PT Citra Baru Steel operates in the reinforcing steel manufacturing\nsector, whilst PT Radja Udang Malingping runs a shrimp pond aquaculture\nbusiness. With the entry of these two entities, the company\u2019s business\nportfolio now has exposure to the steel manufacturing and aquaculture\nfisheries sectors.<\/p>\n
The move forms part of the company\u2019s efforts to build new sources of\ngrowth whilst creating added value for shareholders.<\/p>\n
The EGMS also approved changes to the company\u2019s management\ncomposition. For the Board of Commissioners, Handoyo Setiawan was\nappointed as President Commissioner, with Erry Firmansyah serving as\nIndependent Commissioner and Idrus Marham as Commissioner.<\/p>\n
On the Board of Directors, Santoso Widjojo has been entrusted as\nPresident Director, whilst Jehuda Ebenhaezer Winata serves as\nDirector.<\/p>\n
President Director of Remitra Global International, Santoso Widjojo,\nsaid the EGMS marks the beginning of a new phase in the company\u2019s\njourney.<\/p>\n
\u201cToday\u2019s EGMS is the start of a new chapter for the company. With a\nhealthy capital structure and strengthened governance, we have a solid\nfoundation to move forward,\u201d said Santoso.<\/p>\n
Going forward, the company will prioritise the implementation of the\nfull series of corporate actions, strengthen the performance of its\nsubsidiaries, and fulfil its various commitments to regulators and\nbusiness partners.<\/p>\n
In addition, the company will also explore new business activities\ndeemed capable of delivering added value for shareholders.<\/p>\n
With the change of name, controller, capital structure, and the entry\nof the steel and shrimp farming businesses, Remitra Global International\nis now preparing a business and financial transformation to enter its\nnext phase of growth.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/mknt-gets-new-controller-automatically-receives-rp1-02-trillion-1789444361", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }