WGC Discusses Long-Term Investment Amid Mitrabahtera (MBSS) Acquisition Process

PT Wibowo Group Capital (WGC) has emphasised that every investment opportunity it explores is based on a long-term growth strategy and the creation of sustainable added value. The statement was made amid the ongoing takeover process of PT Mitrabahtera Segara Sejati Tbk. (MBSS). WGC Director David Rahadian said the company always evaluates each investment opportunity based on its alignment with the direction of business development. “In principle, we always view every investment opportunity based on its alignment with the company’s long-term strategy and the potential to create sustainable added value for all stakeholders,” David told Bisnis on Friday (24/7/2026). David said the MBSS acquisition process is currently proceeding in accordance with applicable regulations. Therefore, the company cannot yet provide further information regarding the transaction or its financing scheme. “Regarding information on the MBSS acquisition plan and its financing aspects, we are currently unable to comment because the ongoing process is still subject to applicable provisions, including confidentiality obligations and compliance with capital market regulations,” he said. According to David, WGC will convey any material developments through the information disclosure mechanism in accordance with capital market regulator provisions. “If there are developments or information that have met the requirements to be conveyed to the public, we will submit them through the information disclosure mechanism in accordance with applicable regulations,” he said. Previously, PT Mitrabahtera Segara Sejati Tbk. announced that its majority shareholder, PT Galley Adhika Arnawama, had signed a Conditional Share Sale and Purchase Agreement (CSPA) with PT Wibowo Group Capital. MBSS Corporate Secretary Emy Oktavia explained that the agreement covers the sale of 1,443,766,800 shares, equivalent to 82.5% of the company’s total issued and fully paid-up capital. Upon completion of the transaction, WGC will become the new controlling shareholder of MBSS. However, the completion of the transaction is still pending the fulfilment of a number of conditions precedent as stipulated in the CSPA. The company stated it will convey transaction developments to the public through information disclosure if there are material developments. MBSS also confirmed that the signing of the CSPA has no material impact on the company’s operational activities or financial condition. Furthermore, the transaction is neither an affiliated transaction nor a transaction containing a conflict of interest as regulated in POJK Number 42/POJK.04/2020.