Harta Djaya Karya Shares Surge on Major Coal Mine Acquisition

Significant Investment in Coal Sector

Harta Djaya Karya (MEJA) saw its shares rise 9.78% to Rp101 during morning trading on December 24, 2025, following the announcement of a significant acquisition in the coal mining sector. The company has signed a conditional agreement to acquire 45% stake in PT Trimata Coal Perkasa for a total value of Rp1.6 trillion.

Acquisition Details

The acquisition agreement was signed on December 22, 2025, with Triple Berkah Bersama, the controlling shareholder of MEJA, as the counterparty. The transaction will be executed in multiple stages according to prevailing capital market regulations. Noprian Fadli, Director of Triple Berkah Bersama, confirmed that the deal will proceed through the necessary mechanisms and approvals.

Market Reaction

The market responded positively to the news, with MEJA's shares showing significant gains in morning trading. The 9.78% increase to Rp101 reflects investor confidence in the strategic move into the coal mining sector.

Strategic Implications

This acquisition represents a major strategic investment for Harta Djaya Karya, expanding its presence in the energy sector through a significant stake in PT Trimata Coal Perkasa. The Rp1.6 trillion valuation underscores the scale of the investment and its potential impact on the company's financial performance.