Business · Markets · 1 hr ago
Indonesia approves Paramita Bangun Sarana share split
Indonesia’s stock exchange has approved a 1-for-2 share split for construction services company Paramita Bangun Sarana, known by the ticker PBSA.
The company’s shareholders approved the plan at a meeting on September 18, 2026.
Each share’s nominal value will fall from 50 rupiah to 25 rupiah.
The number of issued and paid-up shares will rise from 3 billion to 6 billion.
The company said the split is intended to make its shares more affordable and support trading liquidity.
Trading in the new shares is scheduled to begin on October 14, 2026, in the regular and negotiated markets, and on October 16 in the cash market.
Indonesia Stock Exchange approved Paramita Bangun Sarana’s plan to split its shares at a 1:2 ratio.
The company said the split is intended to make its shares more affordable and support trading liquidity.
The nominal value of each share will fall from Rp50 to Rp25.
The number of issued and paid-up shares will rise from 3 billion to 6 billion.
Trading in the new shares is scheduled to begin on October 14 in the regular and negotiation markets and on October 16 in the cash market.
- Who
- PT Paramita Bangun Sarana Tbk. (PBSA) and the Indonesia Stock Exchange.
- What
- The exchange approved PBSA’s 1:2 share split.
- When
- The approval letter was dated October 5, 2026. Trading in the new shares is scheduled to begin on October 14 and October 16, 2026.
- Where
- Indonesia Stock Exchange markets.
- Why
- PBSA said the split is intended to make its shares more affordable to investors and support trading liquidity.
This story does not have two clearly opposing sides.
PBSA shareholders approved the share split at an extraordinary general meeting.
The Indonesia Stock Exchange issued its approval in a letter.
Trading in the new shares is scheduled to begin in the regular and negotiation markets.
Trading in the new shares is scheduled to begin in the cash market.
- Split ratio
- 1:2
- Nominal value
- Falls from Rp50 to Rp25 per share
- Issued and paid-up shares
- Increase from 3 billion to 6 billion
- Shareholder approval
- September 18, 2026
- Exchange approval letter
- October 5, 2026
Sources
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