Rukun Raharja subsidiary buys 90% stake in gas shipping investor
The acquisition gives the Indonesian group an indirect interest in a company that owns an LNG carrier and a very large gas carrier.
PT Banawa Rezeki Optima (BRO), a subsidiary of Indonesia’s PT Rukun Raharja Tbk (RAJA), acquired a 90% stake in PT Kapalindo Nusantara Jaya (KNJ) on 4 November 2026, according to a stock exchange disclosure.
KNJ holds 25% of PT Golden Prima Maritim (GPM), giving Rukun Raharja an indirect interest in the shipping company. GPM owns one liquefied natural gas (LNG) carrier and one very large gas carrier (VLGC).
Rukun Raharja corporate secretary Yuni Pattinasarani said BRO bought the shares from KNJ shareholders Abdul Rahmad Bahmid and Aqib Bachmid. The acquired stake represents 90% of KNJ’s issued and paid-up capital. Rukun Raharja said it had no affiliation with either seller.
The group described the purchase as part of its business development and strategic partnership efforts, consistent with plans to diversify within oil and gas infrastructure. It said the transaction would have no significant effect on its financial position or business operations.
