Harta Djaya Karya to Expand into Mining Sector through Strategic Acquisition

Diversification Strategy

PT Harta Djaya Karya Tbk (MEJA), listed on the Indonesia Stock Exchange, is making a significant move into the mining sector through the planned acquisition of PT Trimata Coal Perkasa. The company's controlling shareholder, PT Triple Berkah Bersama, has signed a conditional share purchase agreement with the controlling shareholders of Trimata Coal Perkasa on December 22, 2025.

Business Expansion Plans

This acquisition represents MEJA's first major step into the mining industry, marking a substantial diversification of its business operations. According to Richie Adrian Hartanto, CEO of Harta Djaya Karya, the initial agreement is the first step in a process that will follow regulatory approvals and other necessary procedures.

Strategic Significance

The move into coal mining through the acquisition of Trimata Coal Perkasa aligns with MEJA's growth strategy to expand its presence in strategic industries. This development comes as part of the company's efforts to enhance its market position and create new revenue streams.

Implementation Timeline

While the exact timeline for completion has not been disclosed, the process is expected to follow standard regulatory procedures for such transactions in Indonesia. The company's management has indicated that they are working diligently to progress the acquisition while ensuring compliance with all relevant regulations.