PT Geoprima Solusi Tbk (GPSO) has officially completed its corporate action of Capital Increase Without Preemptive Rights (Private Placement) with a total value of Rp28.46 billion. The funds were raised through the issuance of 66.67 million new shares at a price of Rp427 per share, all of which were absorbed by PT PIMSF Pulogadung, a new entity that is now the company's controlling shareholder.
The entry of PIMSF Pulogadung, which operates under the Tjokro Group, marks a strategic momentum for Geoprima Solusi to restructure its business scope. Geoprima Solusi President Director Dionysius Tjokro revealed that the company has updated its Indonesian Standard Industrial Classification (KBLI) to align its operational steps with the Tjokro Group ecosystem.
In its latest business development, GPSO is now expanding into three additional business areas, including management consulting services, wholesale trade of office and industrial machinery, and non-residential real estate management. Despite this diversification, management emphasized that the company's core business in equipment trading as well as surveying and mapping services remains the top priority.
Specifically, the real estate sector will be the focus of expansion in the near future through the planned acquisition of assets owned by PT JIC worth Rp78 billion. These assets are projected as recurring income instruments through business space leasing schemes.
Facing the third quarter of 2026, management stated that they will still focus on the transition period and operational adjustments. Nevertheless, the company remains optimistic that this new business integration will serve as a positive catalyst for gradually increasing revenue and profitability in the future.
