Business · Companies · 14 hrs ago

Rukun Raharja subsidiary acquires 90% of Indonesian ship company

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.

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Yuni PattinasaraniRukun Raharja corporate secretary
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.
via CNBC Indonesia