Itsec Asia (CYBR) Plans Stock Split at 1:2 Ratio

Jakarta, CNBC Indonesia — PT Itsec Asia Tbk (CYBR) plans to carry out a stock split with a 1:2 ratio. The objective is to increase the liquidity of share trading and make the share price more affordable. Quoting the disclosure of information from the Indonesia Stock Exchange (BEI), through this corporate action, the nominal value of the shares, originally Rp25 per share, will change to Rp12.50 per share. “The objective is to increase the liquidity of share trading on the Indonesia Stock Exchange and make the share price more affordable for retail investors,” wrote management on Wednesday (25/3/2026). To facilitate the plan, management will seek approval from shareholders at an Extraordinary General Meeting of Shareholders (EGMS) to be held on Thursday, 16 April 2026, at 14:00 WIB. The event will take place at Discovery SCBD, Artisan Lounge, SCBD Lot 11, Jl. Jend. Sudirman kav 52-53 Senayan, Kebayoran Baru, Jakarta 12190. In addition, the EGMS will also address changes to the management in connection with the death of one of the company’s directors and propose the appointment of a new director to fill the vacancy if deemed necessary, in line with recommendations from the company’s Nomination and Remuneration Committee to ensure good corporate governance and compliance with the Articles of Association. “The company will formally acknowledge the honourable dismissal of the late director,” it added.