Bahtera Bumi Expands Business Operations with New Subsidiaries

Strategic Business Expansion

PT Bahtera Bumi Raya Tbk (PGJO), a listed company on the Indonesian exchange, has taken significant steps to expand its business operations by establishing two new subsidiaries. This move is part of the company's strategic plan to strengthen its presence in the wholesale trading sector, particularly in fuel and metal products. The establishment of these new entities demonstrates PGJO's commitment to diversifying its business portfolio and enhancing its market position.

Incorporation Details of New Subsidiary

The first subsidiary, PT Niaga Batu Raya, was officially incorporated on December 5, 2025, as evidenced by Establishment Deed No.22. The deed was signed in the presence of Notary I Nyoman Satria Wijaya, S.H., M.Kn. The company received legal validation from the Ministry of Law and Human Rights through Decree No. AHU-0105426.AH.01.01 Year 2025 on December 8, 2025. According to Corporate Secretary Natalia, the new subsidiary is based in South Jakarta and will focus on trading activities.

Business Implications

The establishment of PT Niaga Batu Raya and the second subsidiary represents a significant development in PGJO's business strategy. By venturing into the wholesale trading of fuel and metal products, the company is positioning itself to capitalize on opportunities in these sectors. This expansion is expected to contribute positively to the company's growth and enhance its competitive edge in the market.

Future Outlook

The move to establish new subsidiaries reflects PGJO's proactive approach to identifying and seizing new business opportunities. As the company continues to expand its operations, it is likely to strengthen its market presence and improve its financial performance. The successful integration of the new subsidiaries will be crucial to achieving these objectives and creating long-term value for shareholders.