INET Announces Rights Issue Schedule Following OJK Approval

Background and Approval Process

PT Solusi Sinergi Inti Andalan Prima Tbk (INET) has officially announced the schedule for its rights issue, following the receipt of an effective letter from the Financial Services Authority (OJK) dated December 22, 2025. This approval comes later than the company's initial expectation of receiving it by November 17, 2024. The delay in the OJK's approval has pushed back the timeline for the rights issue.

Rights Issue Details and Shareholder Meeting

The decision to proceed with the rights issue was made during the General Meeting of Shareholders (RUPS) held on June 12, 2025. According to Willy Usulangi, Director of Solusi Sinergi Inti Andalan Prima, the execution of the rights issue is in line with the decisions made during the RUPS. The rights issue is part of the company's strategy to raise additional capital, potentially for business expansion or debt management.

Implications and Next Steps

The successful completion of the rights issue will depend on shareholder participation and market conditions. The additional capital raised could strengthen INET's financial position and support its growth plans. Investors will be closely watching the outcome of this capital-raising exercise as it may signal the company's future direction and growth potential.