From Startups to Property, WGSH Expands Technology-Based Investments
PT Wira Global Solusi Tbk (WGSH) has reaffirmed its strategic position as a technology-based investment holding company focused on building, investing in, and accelerating various high-potential businesses in Indonesia. This clarification aims to define the Company’s identity to investors, business partners, and the public, emphasising that WGSH is not merely an information technology firm, but a diversified investment holding company that uses technology as its core business driver.
Since its listing on the Indonesia Stock Exchange, WGSH has maintained a strong foundation in the technology sector. However, the Company continues to expand its business scope by leveraging technological capabilities to create added value across various industries. Through this approach, WGSB integrates technological strength, investor networks, operational expertise, and business strategies to support the growth of companies within its ecosystem.
The President Commissioner of PT Wira Global Solusi Tbk, Ikin Wirawan, stated that WGSH now serves as an investment holding company using technology as the primary catalyst for business growth. “Our role is to build a broader, more sustainable business ecosystem that is relevant to future economic needs,” said Ikin.
Through WGS Ventures, the Company executes its strategy as a tech-driven diversified holding company, supporting various sectors ranging from digital startups and agribusiness to manufacturing and technology-integrated property. This diversification strategy is considered vital for strengthening business resilience, expanding revenue streams, and creating long-term value for shareholders.
Currently, several strategic projects are projected to contribute to the Company’s performance in both the short and long term, including Landlogic, Tumbara, and Blue Phoenix. Landlogic is a property development project initiated after WGSH acquired PT Lereng Lembah Madu in 2025. Following the acquisition, the land has been developed into 178 residential plots ready for marketing. This project represents a strategic move by WGSH to capture opportunities in the growing property and housing market.
Meanwhile, Tumbara is a seafood-based food distribution company in which WGSH holds a 10% stake. The Company has also established a partnership to supply Vannamei shrimp to a national supermarket chain, strengthening WGSH’s presence in the food security and value-added fishery product distribution sectors.
Blue Phoenix marks WGSH’s commitment to the circular economy and sustainable business. Through PT Qorser Teknologi, this project focuses on the trade of PET plastic bottle waste, which is processed into flakes for recycling. Moving forward, Blue Phoenix intends to expand its business roadmap into garbage collection and the bottled water industry.
To support business development, the Company will conduct a Private Placement (PMTHMETD) by issuing 208.5 million new shares, equivalent to a 10% dilution. This move is projected to provide additional working capital of approximately IDR 20 billion to IDR 30 billion, specifically for the development of Blue Phoenix. According to Ikin, this corporate action is expected to increase share liquidity and strengthen the Company’s fundamentals. “We already have the business vehicles that can grow more efficiently if they receive additional capital,” he explained.
Looking ahead, WGSH will continue various corporate actions through 2027 as part of its business expansion strategy. The Company is committed to expanding collaborations with strategic partners, investors, founders, and industry players to build a healthy, innovative, and sustainable business portfolio.