Surya Semesta Internusa Optimizes Hotel Business with Major Asset Transfer

Strategic Restructuring Move

PT Surya Semesta Internusa Tbk (SSIA), a prominent player in Indonesia's property and hospitality sector, has undertaken a significant corporate restructuring exercise. The company has transferred shares and land valued at Rp 1.66 trillion to its subsidiary, PT Suryalaya Anindita International (SAI), effective December 1, 2025. This comprehensive transaction involved the transfer of SSIA's entire shareholding in PT Sitiagung Makmur (SAM), PT Surya Internusa Hotels (SIH), and PT Surya Semesta Realti (SSR) to SAI. Additionally, SSIA transferred shares held in SAM by PT TCP Internusa (TCP) to SAI.

Transaction Details

The asset transfer was structured through share inbreng (in-kind contribution) mechanism. Specifically, the transaction values were: Rp366.93 billion for SAM shares, Rp379.05 billion for SIH shares, and Rp117.66 billion for SSR shares. The consideration for these share transfers was satisfied by SAI through the issuance of new shares to SSIA and TCP. Furthermore, TCP transferred land assets to SAI, with SAI issuing new shares to TCP as payment.

Business Implications

This strategic restructuring is designed to enhance operational efficiency and streamline SSIA's corporate structure. By consolidating key assets and businesses under SAI, SSIA aims to achieve better operational synergies and optimize its hotel business operations. The move reflects SSIA's commitment to maximizing shareholder value through strategic asset management and corporate simplification.

Market Impact

The restructuring demonstrates SSIA's proactive approach to asset optimization in a challenging market environment. By focusing on core business operations and simplifying its corporate structure, SSIA is positioning itself for improved financial performance and enhanced investor confidence. This strategic initiative is likely to have positive implications for SSIA's future business prospects and financial standing.