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Tunas Baru Lampung Says It Has No Role in Managing PML Concessions

PUBT·10/23/2026 06:41:09
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Tunas Baru Lampung Says It Has No Role in Managing PML Concessions
  • Tunas Baru Lampung denied owning shares in Paramitra Mulia Langgeng (PML) or managing its concession land in an October 23, 2026 clarification.
  • PML was among seven Indonesian concession holders receiving Singapore environmental notices over suspected links to fires causing cross-border haze.
  • The company reported no financial exposure to PML through receivables, loans or guarantees, and no operational dependence on it.
  • Transactions with PML were limited to spare parts sales; there were no land-use transactions or plans to convert PML concessions.
  • PML is a related party through shared shareholders and overlapping board members.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Tunas Baru Lampung Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32168763) on October 23, 2026, and is solely responsible for the information contained therein.