Mitra Komunikasi Nusantara subscribes to IDR 160 billion in new Citra Baru Steel shares

Bitget2026/10/20 10:01

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Remitra Global International subscribed for 17,043,034 new Citra Baru Steel shares for IDR 160 billion, paid fully in cash.
The company also purchased 30,000 new Radja Udang Malingping shares for IDR 30 billion in cash.
Both capital increases were documented on September 29, 2026; ministerial acknowledgment followed on October 16 for RUM and October 20 for CBS.
Remitra retained more than 99% ownership in both subsidiaries, with no change in control.

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 Mitra Komunikasi Nusantara Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32167793) on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mitra Komunikasi Nusantara subscribes to IDR 160 billion in new Citra Baru Steel shares

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