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Sinar Mas Issuer (DSSA) Plans 1:25 Stock Split, Note the Dates

| Source: CNBC Translated from Indonesian | Business
Sinar Mas Issuer (DSSA) Plans 1:25 Stock Split, Note the Dates
Image: CNBC

PT Dian Swastatika Sentosa Tbk (DSSA) has announced the implementation of a corporate action in the form of a stock split with a ratio of 1:25, following approval from shareholders at an Extraordinary General Meeting of Shareholders (EGMS) on 11 March 2026. In a disclosure released on 2 April 2026, the company stated that every 1 old share will be split into 25 new shares. As a result, the nominal value of the shares will change from Rp25 per share to Rp1 per share. This stock split action has also received approval from the Indonesia Stock Exchange (BEI) on 1 April 2026, based on the share listing approval letter for the split shares. In terms of capital structure, the number of DSSA’s placed and paid-up shares will surge from the previous 7.7 billion shares to approximately 192.6 billion shares after the stock split. However, the total nominal value of the paid-up capital will remain unchanged. Management stated that this step is intended to increase the liquidity of the company’s share trading in the market and to expand the investor base by making the share price more affordable. The stock split implementation schedule has been set, with details as follows: 8 April 2026: end of trading with old nominal value in the regular and negotiated markets; 9 April 2026: start of trading shares with new nominal value in the regular and negotiated markets; 10 April 2026: recording date; 13 April 2026: start of trading shares with new nominal in the cash market. The company emphasised that there will be no fractional shares in this corporate action implementation, and no fees will be charged to shareholders in the stock split process. As of 11:15 WIB, DSSA shares were trading at 69,825, up 1.9%. The shares once reached a high of 116,000 at the close on 27 January 2026.

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