Indonesian Political, Business & Finance News

BUMA (DOID) Sets Up New Subsidiary Outside Mining: Here’s Why

| Source: CNBC Translated from Indonesian | Business
BUMA (DOID) Sets Up New Subsidiary Outside Mining: Here’s Why
Image: CNBC

Jakarta, CNBC Indonesia – Mining services issuer PT BUMA Internasional Grup Tbk (DOID) has established a new subsidiary operating in administrative activities and telecommunications.

According to a disclosure on Monday (2 November 2026), BUMA management said the new subsidiary was established indirectly through PT Bisa Ruang Nuswantara and PT Katalis Investama Mandiri. Both are DOID subsidiaries, with shareholdings of 99.99% and 99.98%, respectively.

The two subsidiaries established a new company, PT Bestari Mitra Talenta (BEST), on 29 October 2026. “BEST was established to support the group’s operational needs through business activities in administrative and business support services, as well as telecommunications, computer programming, consultancy, computing infrastructure and other information services,” BUMA said.

To achieve these aims, BEST will provide facilities support, building cleaning and landscaping services, staffing and office administration, as well as information technology and data processing services.

BEST’s shareholders are Bisa Ruang Nusantara, with a 99.6% stake, and Katalis Investama Mandiri, with 0.4%.

DOID management also outlined the impact of the indirect establishment of the new subsidiary. “The establishment of BEST will have no material impact on the company’s operations, legal matters, financial condition or business continuity,” management said.

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