Key insights and market outlook
PT Surya Permata Andalan Tbk (NATO) has changed hands with PT Mercury Strategic Indonesia (MSI) acquiring control from previous controller PT Karunia Berkah Jayasejahtera (KBJ)**. The transaction involved 2.15 billion shares (26.87% stake) at Rp 183 per share, totaling Rp 393.45 billion. This change in control marks a significant shift in NATO's strategic direction.
PT Surya Permata Andalan Tbk (NATO) has undergone a significant change in control with PT Mercury Strategic Indonesia (MSI) emerging as the new controlling shareholder. The acquisition was executed through a negotiated market transaction on December 12, 2025, where MSI purchased 2.15 billion shares representing 26.87% of NATO's issued and paid-up capital from previous controller PT Karunia Berkah Jayasejahtera (KBJ).
The share purchase was conducted at Rp 183 per share, resulting in a total transaction value of Rp 393.45 billion. At the time of the transaction, NATO's stock was trading at Rp 316 per share, indicating a discount of approximately 42% from the market price. This significant acquisition marks a strategic shift for NATO under its new controlling entity.
The change in control to MSI brings new strategic opportunities for NATO. As the company's director, Dessy Christian, noted, this transaction marks a new chapter for the organization. The market will be watching closely to see how MSI's stewardship influences NATO's future performance and strategic direction. The acquisition price and volume suggest significant confidence in NATO's underlying value and growth potential.
Change in Corporate Control
Strategic Acquisition