CASH Shareholders Approve Rights Issue of up to 996.6 Million Shares
JAKARTA — PT Cashlez Worldwide Indonesia Tbk (CASH) has reaffirmed its commitment to strengthening its digital payment business through several strategic decisions made at the Annual General Meeting of Shareholders (AGM) for the 2025 financial year and Extraordinary General Meeting of Shareholders (EGMS) for 2026.
The meetings discussed various agendas deemed important for strengthening the company’s fundamentals and supporting sustainable business growth in the digital payment industry.
During the AGM, shareholders approved the company’s Annual Report for the financial year ended 31 December 2025. Other approved agendas included the appointment of a Public Accountant and/or Public Accounting Office to conduct an audit of the company’s financial statements for the 2026 financial year.
The meeting also ratified the company’s net loss for the financial year ended 31 December 2025 of Rp 67 billion.
During the EGMS, shareholders approved the company’s plan to increase capital through a Limited Public Offering I (PUT I) by granting Rights to Purchase Securities in Advance (HMETD) of up to 996,676,699 shares.
In addition to the capital increase plan, the meeting approved a change in the company’s status from a Foreign Investment Company (PMA) to a Domestic Investment Company (PMDN). This change is described as part of CASH’s efforts to adjust its investment structure and future business development.
The meeting also approved the extension of delegated authority to the Board of Commissioners to issue new shares and make adjustments to the company’s paid-in and deposited capital.
In terms of operations, the company reaffirmed that digital payment business remains its primary focus. As a company that has obtained a licence as a Payment Service Provider (PJP) Category 2 from Bank Indonesia, the company’s main business activities fall within the framework of applicable payment system regulations.
The company is obligated to conduct business activities in accordance with the scope of such licensing, including maintaining its primary business activities in the digital payment sector. These steps are also part of the company’s efforts to maintain compliance with payment system regulations set by the relevant authorities.