{
    "success": true,
    "data": {
        "id": 1855997,
        "msgid": "panca-mitra-multiperdana-pmmp-clarifies-kaesangs-share-ownership-1783914651",
        "date": "2026-07-13 09:45:37",
        "title": "Panca Mitra Multiperdana (PMMP) Clarifies Kaesang's Share Ownership",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Business",
        "summary": "PT Panca Mitra Multiperdana Tbk (PMMP) has issued a clarification regarding reports linking Kaesang Pangarep to the company. The firm stated that Kaesang is not the owner or controlling shareholder, and that PT Harapan Bangsa Kita, which is affiliated with him, holds only a 7.27% minority stake acquired through the capital market. PMMP emphasised its commitment to good corporate governance and urged the media to ensure accurate reporting.",
        "content": "<p>Jakarta, CNBC Indonesia \u2013 PT Panca Mitra Multiperdana Tbk (PMMP) has\nissued a clarification regarding circulating reports about the share\nownership of Kaesang Pangarep. Management stressed that Kaesang Pangarep\nis neither an owner nor a controlling shareholder.<\/p>\n<p>Citing a disclosure to the Indonesia Stock Exchange (IDX), PMMP is a\ncompany controlled by PT Tiga Makin Jaya as the controlling\nshareholder.<\/p>\n<p>\u201cThe name PT Harapan Bangsa Kita, which in news reports and on social\nmedia has been affiliated with Kaesang Pangarep, is a minority\nshareholder holding 7.27% of PMMP, having purchased PMMP shares through\nthe capital market,\u201d management wrote, quoted on Monday (13\/7\/2026).<\/p>\n<p>Management said PMMP is a publicly listed company with an ownership\nstructure that complies with capital market regulations and is managed\naccording to the principles of Good Corporate Governance (GCG).<\/p>\n<p>All of the company\u2019s strategic and operational decisions are carried\nout by its management in accordance with the company\u2019s Articles of\nAssociation and the prevailing laws and regulations.<\/p>\n<p>The company respects press freedom and the media\u2019s role in conveying\ninformation to the public. However, PMMP hopes that every report will\nprioritise the principles of accuracy, balance and verification, so that\nthe public receives correct information and no misleading conclusions\nare drawn about the company\u2019s identity or ownership structure.<\/p>\n<p>Management stressed that PMMP continues to conduct its business\nactivities on a limited scale and remains committed to fulfilling all of\nits obligations to customers, suppliers, financial institutions,\ninvestors, regulators, employees and all stakeholders.<\/p>\n<p>\u201cThe company is also continuing to take strategic steps to strengthen\noperational performance, safeguard business continuity and enhance value\nfor all shareholders,\u201d it said.<\/p>\n<p>The company urged the public, investors and the media to refer to\nofficial information submitted through disclosures to the Indonesia\nStock Exchange, the Financial Services Authority (OJK), and the\ncompany\u2019s official publications.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/panca-mitra-multiperdana-pmmp-clarifies-kaesangs-share-ownership-1783914651",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}