Leyand International (LAPD) Opens Opportunities for Subsidiary Divestment
JAKARTA, KOMPAS.com - PT Leyand International Tbk (LAPD) is beginning to tidy up its business portfolio following the entry of its new controlling shareholder, PT JSI Sinergi Mas. The listed company has confirmed it will divest subsidiaries deemed no longer aligned with future business development directions.
This step forms part of the ongoing group restructuring. The company states it will divest PT Rusindo Eka Raya, which operates in consumer product distribution, particularly Fast Moving Consumer Goods (FMCG).
Management assesses that the business line of this subsidiary no longer fits the company’s new focus after JSI Sinergi Mas’s involvement.
“In that evaluation, the operations of PT Rusindo Eka Raya were deemed not aligned with the main business development focus of the Company going forward. Therefore, the Company may proceed with divestment,” said LAPD’s President Director, Jamal Abdul Nasir Bamadhaj, in his statement in Jakarta on Tuesday (31/3/2026).
Furthermore, LAPD’s management stated that this restructuring process does not stop at divestment. The company is also preparing expansion steps through acquisitions more aligned with the new business strategy, particularly in the energy and mining sectors.
The company targets the entire restructuring process, including corporate actions, to be completed gradually by 2027.
“The Company is currently in the process of releasing ownership in subsidiaries that no longer align with the company’s business field, and the acquisitions are planned to be completed in 2027,” Jamal explained.
“The Company, together with the New Controlling Shareholder, has begun several strategic synergy steps to improve operational performance and business development of the Company,” he added.
On the other hand, LAPD is also exploring several opportunities to improve its financial condition, after recording accumulated equity losses of Rp 451 billion as of September 2025.
The options being targeted include acquisitions of companies deemed capable of providing added value and new growth sources.
One concrete step is the plan to acquire the mining contractor company PT Bersaudara Sinergi Sejahtera (BSS).