BRI-MI and PNM-IM Officially Transferred to Danantara Asset Management

PT Bank Rakyat Indonesia (Persero) Tbk (BRI) has transferred ownership of PT BRI Manajemen Investasi (BRI-MI) and PT PNM Investment Management (PNM-IM) to PT Danantara Asset Management (DAM). This is as stated in the company’s information disclosure issued on 2 April 2026. The transaction was executed through the signing of a conditional sale and purchase agreement (PJBB) on 1 April 2026. BRI Corporate Secretary Dhanny, in an official statement in Jakarta on Friday, explained that the transfer of ownership of BRI-MI and PNM-IM is part of consolidation efforts within the state-owned enterprise (BUMN) ecosystem. “This initiative is designed to support the formation of an asset management company that is more integrated, adaptive, and competitive, capable of generating economic and social value in line with Indonesia’s long-term agenda,” he said. In the future, Dhanny added, this step is expected not only to benefit the company and its shareholders but also to contribute to strengthening the national financial industry ecosystem and creating sustainable economic and social value. BRI and Danantara Asset Management have signed the PJBB for the planned purchase of 19.5 million shares of BRI-MI, resulting in the takeover of BRI-MI. The transaction value for the BRI-MI shares transfer is Rp975 billion for 19.5 million shares. This number of shares is equivalent to 65% of the total placed and paid-up capital of BRI-MI. PT PNM has also signed a PJBB with Danantara Asset Management for the planned purchase of 109,999 shares of PNM-IM. This number of shares is equivalent to 99.999% of the total placed and paid-up capital issued by PNM-IM. The transaction value is Rp345 billion. As the operational holding, Danantara Asset Management intends to create an asset management company that will become a champion with strong competitiveness through product and service innovation, thereby providing optimal added value for all stakeholders. This affiliated transaction is expected to increase business synergy potential and complement existing capabilities, thus providing broader and more optimal benefits. Regarding governance, the transaction implementation refers to applicable legal regulations, particularly Financial Services Authority Regulation (POJK) No. 42/POJK.04/2020 on Affiliated Transactions and Conflicts of Interest Transactions. As an investment management entity, it conducts business activities in the form of managing securities portfolios for the benefit of clients and/or managing collective investment portfolios for a group of clients. These activities do not include managing insurance company funds, pension funds, or banks that manage their own investments in accordance with applicable legal regulations.