PT Kopedana Mitra Securities Halts Operations Due to Bankruptcy

PT Kopedana Mitra Securities, a non-exchange securities firm operating in Indonesia’s capital market, has officially announced the cessation of all operational and business activities, effective 1 May 2026. The strategic decision followed a comprehensive evaluation by the board of directors and shareholders. Specifically, the move was driven by financial difficulties that led to bankruptcy and the need to adjust the business model and significantly improve capital efficiency amid current capital market dynamics. Management deemed the operational shutdown as the most responsible course of action for the company and all stakeholders. “We wish all clients success in continuing their investment journeys with our partners and continued prosperity for Indonesia’s capital market industry,” said PT Kopedana Mitra Securities Director Arsenal Muchlis Pakpahan on Sunday (24 May). As a regulatorily compliant entity, PT Kopedana Mitra Securities has settled all client rights and obligations by 27 April 2026, ensuring an orderly, secure, and transparent process. In line with client protection commitments, the firm facilitated the transfer of all client accounts and securities portfolios to its exchange member firm, PT BRI Danareksa Securities, to ensure clients can continue trading and investing in the capital market. Following the settlement of client obligations and portfolio transfer, PT Kopedana Mitra Securities is now processing the administrative step of returning its Securities Company Operating License to the Financial Services Authority (OJK) in accordance with applicable laws and regulations. The journey of PT Kopedana Mitra Securities would not have been possible without collaboration and trust from various parties. Management hopes this orderly, secure, and transparent resolution reflects our integrity to the end.