PT Geoprima Solusi Tbk (GPSO) has officially completed its corporate action of capital increase without pre-emptive rights (PMTHMETD) or private placement. In this strategic transaction, the company successfully raised IDR 28.46 billion, all of which was absorbed by PT PIMSF Pulogadung, an entity under the Tjokro Group, which has now become the company's new controlling shareholder.
The total number of new shares issued in this corporate action reached 66.67 billion shares at an exercise price of IDR 427 per share. This step received approval through the Extraordinary General Meeting of Shareholders (EGMS) on June 22, 2026, with the distribution of shares carried out on July 3 and official listing on the Indonesia Stock Exchange on July 6, 2026.
President Director of Geoprima Solusi, Dionysius Tjokro, revealed that the entry of PIMSF brings a significant change in the business direction. To align its vision with the Tjokro Group ecosystem, the company has adjusted its Standard Classification of Indonesian Business Sectors (KBLI). This change is expected to expand revenue sources and strengthen the company's financial fundamentals moving forward.
The KBLI adjustments cover three new sectors: management consulting, wholesale trade of industrial machinery, and the real estate sector. Dionysius emphasized that despite venturing into new fields, the company will continue to run its core business line in surveying, mapping, and land measurement equipment. Specifically for the real estate KBLI, the company has prepared a plan to purchase assets from PT JIC worth IDR 78 billion as part of its 2026 capital expenditure allocation.
Management admitted that in the third quarter of this year, the company is still in an administrative and operational transition phase post-acquisition. However, with the completion of the capital structure and business diversification, Geoprima Solusi is optimistic about recording better financial performance in the coming period.
