Indah Prakasa Sentosa seeks IDX suspension lift; plans IDR 125 billion private placement
PT Indah Prakasa Sentosa says it has negative equity of IDR 42.83 billion as of June 30, 2026 and has outlined a non-preemptive private placement of up to 1.25 billion shares at IDR 100 each to raise up to IDR 125 billion, requesting an IDX trading suspension lift ahead of a 90% automotive-target acquisition.
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07:46:49 AM UTC
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PT Indah Prakasa Sentosa Tbk will seek shareholder approval for a private placement without preemptive rights of up to 1,250,000,000 new shares. Extraordinary shareholders’ meeting set for Nov. 3, 2026; issuance planned for Dec. 1, 2026; listing targeted for Dec. 11, 2026. Offer price set at Rp 100 per share, implying gross proceeds of up to Rp 125 billion. Proceeds earmarked for debt repayment, capital injections into subsidiaries for capex, and working capital; maximum dilution 65.79%. The filing frames the transaction as aimed at improving the company’s financial position. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Indah Prakasa Sentosa Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32161628) on September 29, 2026, and is solely responsible for the information contained therein. (C)