Indonesian Political, Business & Finance News

Responding to Stock Volatility, INET Addresses Corporate Action Plans

| | Source: BCASEKURITAS.CO.ID Translated from Indonesian | Business

PT Sinergi Inti Andalan Prima Tbk (INET) has provided an explanation to the Indonesia Stock Exchange (BEI) regarding information disclosure and planned corporate actions. The official letter was signed by INET’s Senior Vice President Corporate Secretary, Arki Rifazka, on 1 September 2026.

This step was taken in response to a request for clarification from the BEI sent on 28 August 2026. In its explanation, INET management emphasised that, to date, there is no undisclosed material information or facts that could affect the value of the company’s securities or investors’ investment decisions.

Nevertheless, the connectivity services provider confirmed that there are plans for corporate actions in the near future. INET intends to issue its first series of Sustainable Bonds and Sustainable Sukuk Ijarah within 2026.

Regarding the activities of major shareholders, management stated that PT Abadi Kreasi Unggul Nusantara (AKUN), as the controlling shareholder, maintains its funds as long-term investments. Based on confirmation from AKUN, the controlling shareholder has no plans to reduce its shareholding in INET.

INET ensured that it will always fulfil its information disclosure obligations in accordance with OJK Regulations and applicable capital market regulations should any material developments occur in the future.

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