Business · Companies · 14 hrs ago
Rukun Raharja subsidiary acquires 90% of Indonesian ship company
Rukun Raharja is expanding into oil and gas infrastructure through a subsidiary in Indonesia.
On November 4, its subsidiary PT Banawa Rezeki Optima acquired 90% of PT Kapalindo Nusantara Jaya.
KNJ owns a 25% stake in Golden Prima Maritim, which operates one LNG carrier and one very large gas carrier.
Rukun Raharja said the deal supports a strategic partnership and business diversification.
It said the transaction will not significantly affect its finances or operations.
The company has not said what it will do next with a separate financing facility of up to 250 billion rupiah it recently received with six subsidiaries.
PT Banawa Rezeki Optima, a subsidiary of Rukun Raharja, acquired 90% of Indonesian ship company PT Kapalindo Nusantara Jaya.
The acquisition gives Rukun Raharja an indirect 25% stake in PT Golden Prima Maritim through Kapalindo Nusantara Jaya.
Golden Prima Maritim operates one LNG carrier and one Very Large Gas Carrier.
The transaction is part of Rukun Raharja’s business development and diversification plans in the oil and gas infrastructure industry.
The company said the transaction would not have a significant effect on its financial condition or business activities.
- Who
- PT Banawa Rezeki Optima, a subsidiary of PT Rukun Raharja Tbk, acquired the shares from Abdul Rahmad Bahmid and Aqib Bachmid.
- What
- Banawa Rezeki Optima acquired 90% of PT Kapalindo Nusantara Jaya. Through that company, Rukun Raharja has an indirect 25% stake in PT Golden Prima Maritim.
- When
- The acquisition took place on 4 November 2026.
- Where
- Indonesia.
- Why
- The transaction is part of Rukun Raharja’s business development, strategic partnership and diversification plans in the oil and gas infrastructure industry.
This story does not have two clearly opposing sides.
Banawa Rezeki Optima acquired shares in Kapalindo Nusantara Jaya from Abdul Rahmad Bahmid and Aqib Bachmid.
Rukun Raharja disclosed the acquisition in information released through the Indonesia Stock Exchange.
- Acquirer
- PT Banawa Rezeki Optima
- Stake acquired
- 90% of PT Kapalindo Nusantara Jaya
- Indirect stake
- 25% of PT Golden Prima Maritim
- Golden Prima Maritim fleet
- 1 LNG carrier and 1 Very Large Gas Carrier
- Transaction date
- 4 November 2026
What people are saying
On 4 November 2026, BRO acquired KNJ shares from Mr Abdul Rahmad Bahmid (ARB) and Mr Aqib Bachmid (AB), as KNJ shareholders. As a result, BRO now owns 90% of all issued and paid-up capital in KNJ.