PT Geoprima Solusi Tbk (GPSO) has completed its capital increase\nwithout pre-emptive rights (PMTHMETD), commonly known as a private\nplacement, raising fresh funds amounting to Rp 28.46 billion.<\/p>\n
These funds will serve as ammunition for the company to strengthen\nits business expansion following the entry of a new controlling\nshareholder and the addition of several business sectors through changes\nto the Indonesian Standard Industrial Classification (KBLSS).<\/p>\n
According to the company\u2019s information disclosure, GPSO issued\n66,674,000 new shares with a nominal value of Rp 50 per share and an\nexecution price of Rp 427 per share. All new shares were absorbed by PT\nPIMSF Pulogadung (PIMSF), which is now the new controlling shareholder\nand part of the Tjokro Group business network.<\/p>\n
With this execution price, the company obtained funds totaling Rp\n28,469,798,000, which will be used to support business development. The\nimplementation of the private placement received shareholder approval\nduring the Extraordinary General Meeting of Shareholders (EGMS) on 22\nJune 2026.<\/p>\n
As scheduled, the distribution of shares to PIMSF was carried out on\n3 July 2026, followed by the listing of the new shares on the Indonesia\nStock Exchange (IDX) on 6 July 2026, and the announcement of the\nimplementation results on 8 July 2026.<\/p>\n
The President Director of Geoprima Solusi (GPSO), Dionysius Tjokro,\nstated that the entry of PIMSF as the new controller brings a change in\nthe company\u2019s business direction. This includes adding several KBLI\ncodes so that GPSO\u2019s business activities align with the Tjokro Group\nbusiness ecosystem.<\/p>\n
\u201cThe change in KBLI is in line with the change in the Company\u2019s\ncontrolling shareholder, namely PT PIMSF Pulogadung, which is an\naffiliate of the Tjokro Group. Through this change, the company can\nconduct business activities that are aligned and synergistic with the\nTjokro Group business ecosystem. With this change in KBLI, the company\nis optimistic that it can expand revenue sources and strengthen business\nperformance through synergy with Tjokro Group,\u201d Dionysius said in a\nwritten statement on Monday (6\/6\/2026).<\/p>\n
The addition of business sectors includes KBLI 70209 for management\nand other business consultancy activities, KBLI 46591 related to the\nwholesale trade of office and industrial machinery, including parts and\naccessories, and KBLI 68129 regarding real estate activities for\nnon-residential buildings and land, both owned and leased.<\/p>\n
Despite expanding its business lines, the company ensures that its\ncore business in the wholesale trade of machinery and other equipment\nthrough KBLI 46599 will be maintained. Survey equipment, land mapping,\nand measurement services will also remain part of the company\u2019s business\nportfolio.<\/p>\n
Management explained that the addition of KBLI in the real estate\nsector is a strategic step to support the planned purchase of assets\nowned by PT JIC, with an estimated value of approximately Rp 78 billion.\nThese assets will subsequently be leased, which is expected to provide\nadditional recurring income for the company. This investment has also\nbeen included in GPSO\u2019s capital expenditure (capex) plan throughout\n2026.<\/p>\n
Regarding performance, management acknowledged that in the third\nquarter of 2026, the company is still undergoing administrative and\noperational adjustment processes following the acquisition.<\/p>\n
\u201cHowever, with the completion of the KBLI changes and the influx of\nadditional capital through the private placement, GPSO is optimistic\nthat revenue and profit will begin to grow gradually starting from the\nsecond semester of 2026 and continue in subsequent periods,\u201d he\nconcluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/private-placement-completed-gpso-ready-for-business-expansion-1783356613", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }