PT Geoprima Solusi Tbk (GPSO) is currently making steady progress in restructuring its business following a change in controlling shareholder to PT PIMSF Pulogadung. This strategic move positions GPSO as part of the Tjokro Group business ecosystem, which focuses on strengthening the heavy industry sector.
GPSO management revealed that the company is currently exploring expansion opportunities targeting the mechanical components and machining industry. This move is seen as a vital effort to create greater added value while strengthening the integrated mechanical industry supply chain in Indonesia.
To smooth the transition, GPSO previously successfully raised IDR 28.46 billion through a capital increase scheme without pre-emptive rights, or a private placement. A total of 66.67 million new shares were issued at an execution price of IDR 427 per share.
To date, the company stated that all further processes are still in the due diligence stage. Management emphasized that every transformation step will be carried out while adhering to capital market regulations and prioritizing long-term business sustainability principles.
On the market movement side, the number of investors or Single Investor Identification (SID) for GPSO recorded growth, reaching 4,470 SIDs by the end of June 2026. With a public shareholding portion of 56.61%, GPSO's stock position is currently considered stable and is not listed under high shareholding concentration.
MNC Sekuritas analyst Herditya Wicaksana highlighted that GPSO stock is currently still in a consolidation phase. Market participants are advised to monitor the realization of the business transformation as the main catalyst for stock price movement, while keeping an eye on the support level in the range of IDR 268 to IDR 276 and the resistance level at IDR 300 to IDR 316.
