PT Geoprima Solusi Tbk (GPSO) has officially completed its corporate action of Capital Increase Without Pre-emptive Rights (PMTHMETD) or private placement. Through this strategic step, the company successfully raised IDR 28.46 billion in fresh funds.
All new shares issued in this action amounted to 66.67 billion shares, with an exercise price set at IDR 427 per share. The entire portion of these shares was absorbed by PT PIMSF Pulogadung, which has now officially become the new Controlling Shareholder (PSP) for GPSO and is an integral part of the Tjokro Group business network.
This corporate action previously received absolute approval from shareholders through the Extraordinary General Meeting of Shareholders (EGMS) on June 22, 2026. In accordance with the set schedule, the distribution of new shares to PIMSF was carried out on July 3, followed by the official listing on the Indonesia Stock Exchange on Monday (6/7/2026).
President Director of PT Geoprima Solusi Tbk, Dionysius Tjokro, explained that the entry of Tjokro Group as the controlling shareholder will bring fundamental changes to the direction of the company's business model. As an initial step to align operations with the new business ecosystem, the company has made adjustments to the Indonesia Standard Industrial Classification (KBLI).
"This change in KBLI is a strategic step so that the company's business activities can run in alignment and full synergy with the Tjokro Group ecosystem. We are optimistic that this step will open new revenue streams while strengthening GPSO's financial performance fundamentals going forward," said Dionysius.
