PT Geoprima Solusi Tbk (GPSO) has officially completed its corporate action of Capital Increase Without Pre-emptive Rights (PMTHMETD) or private placement. The company successfully raised Rp28.46 billion in fresh funds, which will be allocated to strengthen its capital structure and support future business expansion plans.
In this corporate action, GPSO issued 66.67 million new shares at an execution price of Rp427 per share. All of the new shares were absorbed by PT PIMSF Pulogadung, which is now officially the new controlling shareholder of GPSO. PT PIMSF Pulogadung itself is part of the Tjokro Group business network, bringing a breath of fresh air to the company's strategic direction.
President Director of Geoprima Solusi, Dionysius Tjokro, revealed that the entry of new control was accompanied by adjustments to the Standard Classification of Indonesian Business Fields (KBLI). This step was taken so that GPSO's operational activities are more aligned and can build strong synergies with the overall Tjokro Group business ecosystem.
The business diversification includes expansion into management consulting, wholesale trade of industrial machinery, and the real estate sector. Specifically, the company's entry into the non-residential property sector aims to acquire assets owned by PT JIC worth Rp78 billion, which is projected to provide additional recurring income in the future.
Despite undergoing operational restructuring post-acquisition, GPSO management expressed optimism. The company aims for a significant increase in revenue and profit performance starting in the second semester of 2026, along with the optimization of new business areas integrated into Tjokro Group's main business network.
