{
    "success": true,
    "data": {
        "id": 1839588,
        "msgid": "unsp-shareholders-approve-rp4-35-trillion-debt-to-equity-conversion-to-improve-financial-position-1783090393",
        "date": "2026-07-03 21:11:55",
        "title": "UNSP Shareholders Approve Rp4.35 Trillion Debt-to-Equity Conversion to Improve Financial Position",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Finance",
        "summary": "Shareholders of PT Bakrie Sumatera Plantations Tbk (UNSP) have unanimously approved a Rp4.35 trillion debt-to-equity conversion scheme. The corporate action, approved during an Extraordinary General Meeting, is projected to significantly reduce the company's total liabilities from Rp8.76 trillion to Rp4.41 trillion. The move aims to strengthen the plantation company's financial structure without altering its total asset base.",
        "content": "<p>PT Bakrie Sumatera Plantations Tbk (UNSP) has secured shareholder\napproval to conduct a capital increase without pre-emptive rights\n(PMTHMETD) through a debt-to-equity conversion worth Rp4.35 trillion.\nThe approval was granted during an Extraordinary General Meeting of\nShareholders (RUPSLB) held on Friday, 3 July 2026, at Horison Suites\n&amp; Residences Rasuna, Jakarta. UNSP is a publicly listed company with\n13,863 public shareholders spread across 121 securities and custodians.\nThe shareholder composition includes 55 percent local individuals, 31\npercent local institutions, 13 percent foreign institutions, and 1\npercent foreign individuals. The meeting achieved a quorum with 54.18\npercent of total shares represented, and 99.99 percent of attending\nshareholders voted in favour of all agenda items. The approved plan\ninvolves converting the company\u2019s debt to creditors into equity shares.\nShareholders also agreed to amend Article 4, paragraphs (2) and (3) of\nthe company\u2019s Articles of Association to reflect the increase in issued\nand paid-up capital resulting from the debt-to-equity conversion. The\ntotal value of the PMTHMETD is set at Rp4,351,533,821,920, with the new\nSeries B shares priced at Rp300 per share. The company stated that the\ntransaction is conducted on an arm\u2019s length basis, in compliance with\nIndonesia Stock Exchange regulations, and without disadvantaging\nnon-controlling or non-major shareholders. Based on the company\u2019s\nconsolidated financial statements as of 31 December 2025, the corporate\naction is projected to leave total assets unchanged at approximately\nRp3.49 trillion. However, total liabilities are expected to drop\nsignificantly from Rp8.76 trillion to Rp4.41 trillion, a reduction of\nRp4.35 trillion, driven by decreases in both short-term and long-term\nliabilities.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/unsp-shareholders-approve-rp4-35-trillion-debt-to-equity-conversion-to-improve-financial-position-1783090393",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}