WGC Discusses Long-Term Investment Amid Mitrabahtera (MBSS) Acquisition Process
PT Wibowo Group Capital (WGC) has affirmed that every investment opportunity the company 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 its potential to create sustainable added value for all stakeholders,” David told Bisnis on Friday (24/7/2026).
David said the acquisition process of MBSS is still ongoing in accordance with applicable regulations. As such, the company cannot yet provide further information regarding the transaction or its financing scheme.
“Regarding information on the planned acquisition of MBSS and its financing aspects, we cannot comment at this time because the process is still subject to applicable regulations, including confidentiality obligations and compliance with capital market regulations,” he said.
According to David, WGC will communicate any material developments through the information disclosure mechanism in accordance with the requirements of the capital market regulator.
“Should there be developments or information that meet the requirements for public disclosure, we will convey them through the information disclosure mechanism in accordance with prevailing regulations,” he said.
WGC Prepares to Become New Controlling Shareholder
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 per cent of the company’s total fully paid and issued capital. Once the transaction is completed, WGC will become the new controlling shareholder of MBSS.
However, the completion of the transaction remains subject to the fulfilment of a number of conditions precedent as stipulated in the CSPA. The company stated that it will inform the public of developments in the transaction through information disclosure should there be any material developments.
MBSS also affirmed 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 under POJK Number 42/POJK.04/2020.