SOFA Changes Name to Solusi Environment Asia, Prepares to Enter Waste-to-Energy Business

Significant Business Transformation

PT Boston Furniture Industries Tbk, listed under the stock code SOFA, has officially changed its name to PT Solusi Environment Asia Tbk. This change was announced through an official information disclosure to the Indonesia Stock Exchange (BEI) on January 8, 2026. The company's decision to change its name is part of a broader strategic transformation, which includes changing its logo, legal domicile, and registered address.

New Business Direction

The name change to Solusi Environment Asia reflects the company's new business direction, particularly its plans to venture into the waste-to-energy sector. This move represents a significant shift from the company's previous focus, positioning it within the growing environmental services industry. The waste-to-energy business is considered a promising sector due to Indonesia's increasing waste management needs and the government's support for renewable energy initiatives.

Details of the Changes

The company previously based in Kabupaten Tangerang, specifically at Milenium Industrial Estate, will be relocating its legal domicile. The exact details of the new address have been disclosed in the official announcement. Along with the name change, the company's new identity will be reflected in its updated logo and corporate branding.

Implications and Future Outlook

This transformation indicates a strategic move towards capitalizing on emerging opportunities in the environmental sector. The waste-to-energy business is expected to be a key growth area, driven by both market demand and regulatory support. As Solusi Environment Asia embarks on this new chapter, stakeholders will be watching closely to see how this rebranding and business shift will impact the company's growth trajectory and market position.