Jaya Real Property (JRPT) Dissolves and Liquidates Subsidiary

PT Jaya Real Property Tbk. (JRPT) has announced the dissolution and subsequent liquidation of PT Jaya Mitra Sarana (JMS), an entity in which the company holds a 50% stake. In an official disclosure, management explained that the decision to dissolve and liquidate JMS was the result of an Extraordinary General Meeting of Shareholders (RUPSLB) of PT Jaya Mitra Sarana held on 26 June 2026. Since the decision was made, JMS has officially entered the liquidation process in accordance with applicable regulations. The company stated that this information disclosure refers to OJK Regulation Number 31/POJK.04/2015 concerning Disclosure of Material Information or Facts by Issuers or Public Companies, as amended by OJK Regulation Number 45/POJK.04/2024. Despite dissolving one of its subsidiaries, PT Jaya Real Property emphasised that this corporate action does not have a material impact on the company’s operational activities. The company also confirmed that the decision does not affect the legal aspects, financial condition, or overall business continuity of the company. Furthermore, the company stated that the transaction related to the dissolution and liquidation of Jaya Mitra Sarana is not an affiliated transaction, nor is it a material transaction.