Victoria Insurance's Controlling Shareholder Exercises Private Placement Option

Capital Injection to Strengthen Insurance Business

PT Victoria Investama Tbk (VICO), the controlling shareholder of PT Victoria Insurance Tbk (VINS), has exercised its option to participate in VINS' private placement worth Rp 13 billion. The transaction involved the issuance of 92.86 million shares at Rp 140 per share, completed on December 12, 2025, with the shares listed on December 15, 2025.

Strategic Use of Funds

According to Fatchurhuda, Director of Victoria Insurance, the funds raised from the private placement, after deducting costs, will be utilized for working capital and to strengthen the company's capital structure. Specifically, the funds will be used to enhance VINS' ability to bear larger risks and improve its Risk-Based Capital (RBC) ratio in anticipation of business growth. The company plans to invest the funds in various financial instruments such as deposits, mutual funds, and bonds, while maintaining adequate risk management practices.

Impact on Shareholding Structure

The private placement has resulted in VICO's shareholding in VINS increasing to 80.64% (1.25 billion shares) from 79.4% (1.16 billion shares) previously. This transaction demonstrates VICO's commitment to supporting VINS' growth and financial stability.

Market Reaction

The announcement had a positive impact on VINS' stock price, which surged by 34.18% to Rp 212 per share on December 15, 2025. VICO's stock price also rose by 9.62% to Rp 228 per share on the same day, reflecting investor confidence in the strategic move.