Triputra (TAPG) Sells Subsidiary to Agraus Resources for US$ 450,000

PT Triputra Agro Persada Tbk (TAPG) has announced a corporate action involving the sale and transfer of shares in its subsidiary, PT Alam Belantara Makmur, to PT Agraus Resources.

The transaction was conducted via PT Alam Teduh Sentosa (ATS), an entity in which TAPG holds a 99.9% stake.

TAPG Corporate Secretary, Joni Tjeng, stated that under this scheme, ATS divested its 99.9% ownership of PT Alam Belantara Makmur to PT Agraus Resources for a transaction value of US$ 450,000. This corporate action took place on 23 September 2026.

According to its official website, TAPG began its business journey in 2005 as an Indonesian agribusiness company engaged in the cultivation and processing of palm oil, as well as rubber plantations.

As part of its growth, TAPG continues to expand its operations across various regions in Indonesia, particularly in Sumatra, Central Kalimantan, and East Kalimantan. This expansion reflects the company’s commitment to advancing Indonesia’s agribusiness sector while creating long-term value for its stakeholders.

As of trading on Friday (25/9/2026), TAPG shares were at the level of Rp 2,030 per share, gaining 0.5% compared to the previous trading day. Year-to-date, the share price movement has been observed to strengthen by 35.33%.