Chandra Asri Group Clarifies PRDA Share Ownership Is Solely Part of Investment Portfolio Management

PT Chandra Asri Pacific Tbk (Chandra Asri Group) has emphasised that the purchase of shares in PT Prodia Widyahusada Tbk (PRDA) in April 2026 was part of the Company’s short-term investment portfolio management and is not related to any corporate action or strategic move by the company. Chandra Asri Group’s Director of Human Resources & Corporate Affairs, Suryandi, explained that the investment is a financial portfolio management activity carried out by the Company to optimise fund management, and does not reflect a change in business direction or the company’s growth strategy. “As a public company, we understand the market’s attention to every investment activity of the Company. However, we need to emphasise that the investment in PRDA shares is part of non-strategic financial portfolio management and is not related to expansion plans, acquisitions, strategic partnerships, or changes in Chandra Asri Group’s business focus. We remain focused on executing our long-term growth strategy by prioritising transparency and good corporate governance,” said Suryandi. Chandra Asri Group also stressed that the share ownership does not reflect any involvement of the Company in the operational activities, management, or business decision-making of PT Prodia Widyahusada Tbk. As a publicly listed company, Chandra Asri Group consistently carries out all corporate activities in accordance with Good Corporate Governance (GCG) principles and complies with information disclosure requirements based on applicable capital market regulations. Any information that is material and required to be reported will always be conveyed through the information disclosure mechanism to the stock exchange authorities and the public. “Our commitment is to ensure that all stakeholders receive accurate and transparent information. Transparency and good corporate governance are an important part of our commitment to shareholders, investors, and all stakeholders. Therefore, we will continue to ensure that any information conveyed to the public is accurate, relevant, and in accordance with applicable regulations,” added Suryandi. Chandra Asri Group continues to be committed to creating sustainable value for all shareholders and stakeholders through prudent, transparent, and responsible business management.