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Ultra Jaya Shareholders Approve Acquisition of 100% Stake in Frisian Flag Indonesia

PUBT·11/09/2026 10:14:29
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Ultra Jaya Shareholders Approve Acquisition of 100% Stake in Frisian Flag Indonesia
  • Ultrajaya shareholders approved acquiring 100% of Frisian Flag Indonesia through a noncash capital contribution at their November 6, 2026 extraordinary meeting.
  • The PMHMETD IV rights issue won approval for up to 10,000,000,000 new shares with a nominal value of Rp 50 each.
  • Shareholders authorized an additional final cash dividend of Rp 100 per share, totaling Rp 1.04 trillion, from retained earnings through 2025.
  • Four director appointments, five commissioner appointments and Suhendra Prawirawidjaja’s resignation were approved, effective upon completion of the noncash contribution.
  • Shareholders also adopted amendments restating the articles of association, including changes reflecting the planned increase in issued and paid-up capital.


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 Ultra Jaya Milk Industry & Trading Company published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32183932) on November 09, 2026, and is solely responsible for the information contained therein.