PALMOILMAGAZINE, JAKARTA — PT Austindo Nusantara Jaya Tbk (ANJT), a plantation-based company engaged in the production of crude palm oil (CPO), has officially divested all its shares in two subsidiaries to PT Harmoni Agri Mandiri (HAM). The move is part of the company’s strategic effort to reinforce its financial structure and refocus operations on its core and more strategic business lines.
According to the company’s disclosure to the Indonesia Stock Exchange (IDX), ANJT and its subsidiary, PT Austindo Nusantara Jaya Agri (ANJA), have sold all shares in PT Putera Manunggal Perkasa (PMP) and PT Permata Putera Mandiri (PPM).
In the transaction, ANJT and ANJA sold a total of 1.716 billion shares in PPM, consisting of 1.167 billion shares owned by ANJA (68%) and 549.39 million shares owned by ANJT (32%). In PMP, they divested 1.952 billion shares — 1.288 billion from ANJA (66%) and 663.81 million from ANJT (34%).
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All shares were acquired by HAM, a non-affiliated third party. The total transaction value reached IDR 405.59 billion, comprising IDR 133.43 billion for PPM and IDR 272.16 billion for PMP. The sale price was determined based on an independent appraiser’s valuation, which considered asset positions, liabilities, and total net financial debt of both entities amounting to IDR 1.31 trillion as of July 31, 2025.
“This transaction aims to strengthen our financial position, enhance investment portfolio efficiency, and sharpen ANJT’s strategic business focus,” the company stated in its official disclosure, as quoted by Palmoilmagazine.com from Kontan, Monday (October 6, 2025).
Management further noted that the transaction value represents 26.18% of ANJT’s consolidated assets as of December 31, 2024. Through this corporate action, ANJT expects to reinforce its financial performance and accelerate its transformation toward a more efficient and sustainable plantation business. (P2)
