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WIFI controller sells Rp4.06 trillion stake, says it retains control

PT Investasi Sukses Bersama’s holding fell from 54.42 per cent to 27.756 per cent following the divestment.

By Maya Santos

Illustration of share trading figures on a financial screen
Photo: CNBC Indonesia

PT Investasi Sukses Bersama sold 1,415,652,000 shares in Indonesia’s PT Solusi Sinergi Digital Tbk (WIFI) on 19 October 2026, receiving Rp4,062,921,240,000, according to a disclosure.

The controlling shareholder sold the shares at Rp2,870 apiece. The proceeds amounted to about Rp4.06 trillion, and the sale represented nearly half of its holding in the digital infrastructure and telecommunications company, also known as Surge.

Before the sale, Investasi Sukses Bersama held 2,889,087,404 shares, equivalent to 54.42 per cent. Its remaining holding after the transaction was 1,473,435,404 shares, or 27.756 per cent.

Investasi Sukses Bersama identified divestment as the purpose of the transaction in its disclosure. Despite the reduction in its stake, the company said it continued to retain control of WIFI.

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