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PT Cahayasakti Investindo Sukses Tbk (CSIS) is expanding its business into the housing sector through a new subsidiary, PT Perumahan. The move is expected to be approved by shareholders in an Extraordinary General Meeting of Shareholders (EGMS) planned for early Q2 2026. The company is optimistic about the property sector's growth in 2026, particularly in housing.
PT Cahayasakti Investindo Sukses Tbk (CSIS) is strengthening its long-term growth foundation by establishing a new subsidiary in the housing sector named PT Perumahan. The company's founder, Tjoea Aubintoro, stated that this strategic move is based on the company's optimism that 2026 will be a significant year for the property sector, particularly housing.
The establishment of PT Perumahan is planned to be approved by shareholders during an Extraordinary General Meeting of Shareholders (EGMS) scheduled for early Q2 2026. This approval process demonstrates the company's commitment to transparency and good corporate governance in its expansion plans.
Tjoea Aubintoro expressed confidence in the growth prospects of the property sector in 2026. The company believes that the housing segment presents substantial opportunities for expansion and is well-positioned to capitalize on these market conditions.
New Subsidiary Establishment
Shareholder Approval Planned for Q2 2026