Judul : Petrindo Jaya Kreasi (CUAN) Stock Split 1:10, Stock Split Begins on July 15, 2025
link : Petrindo Jaya Kreasi (CUAN) Stock Split 1:10, Stock Split Begins on July 15, 2025
Petrindo Jaya Kreasi (CUAN) Stock Split 1:10, Stock Split Begins on July 15, 2025
Best for you , JAKARTA — Mining company affiliated Prajogo Pangestu , PT Petrindo Jaya Kreasi Tbk. (CUAN) will carry out a corporate action in the form of a stock split with a ratio of 1:10. This action aims to increase the liquidity of CUAN shares in the market.
Based on the company's information disclosure, Wednesday (7/9/2025), Extraordinary General Meeting of Shareholders ( RUPSLB ) held on June 30, 2025, has approved the stock split, from previously having a nominal value of Rp200 per share to Rp20 per share.
Thus, the number of issued and fully paid-up shares of the Company will increase from 11.24 billion shares to 112.41 billion shares.
"The stock split is carried out to increase the number of outstanding shares and is expected to enhance investor interest and the liquidity of CUAN stock trading," wrote the management in an official document.
BEI has approved the additional share recording resulting from the stock split through Letter No. S-07819/BEI.PP1/07-2025 dated July 7, 2025. The trading of shares with a new nominal value of Rp20 will begin in the regular market and negotiation on July 15, 2025, and in the cash market on July 17, 2025.
Here is the complete schedule for the CUAN stock split implementation:
- Closing stock trading with old nominal: July 14, 2025
- Stock trading starts with new nominal: on regular & negotiation market: July 15, 2025
- Stock trading starts with a new nominal in the cash market: July 17, 2025
Previously, CUAN's Director Kartika Hendrawan hoped that this stock split would make CUAN's capital base stronger and more diversified.
"Through this stock split implementation, Petrindo's shareholder base is expected to become stronger and more diversified, thus forming a solid foundation for the company to gain support from various parties for further business expansion in the future," said Kartika on Monday (6/30/2025).
He also stated that the stock split was carried out to make CUAN's stock price more affordable, thus increasing the number of investors who can trade the company's shares.
In addition, the number of shares of the company will also increase, which will lead to increased stock trading liquidity and more active trading of the company's stocks on the Stock Exchange.
Management continues as a company operating in the mineral and energy mining sector in Indonesia, CUAN utilizes sustainable value creation and focuses on maintaining growth, as well as implementing business strategies according to the targets and long-term plans that have been set.
When the company and its subsidiaries focus on three business lines, namely the mining ownership business line, both Coal Thermal, high calorie coal (metallurgy), gold, silver, and silica sand.
Then the mining services business through the provision of multidisciplinary contracting services, integrated mining EPC, and the infrastructure & other services business by providing services through Petrosea Offshore Supply Base (POSB) and Intermediary Stockpile (ISP)
At the Bursa, CUAN shares rose 4.86% or 600 points to Rp12,950 per share at the closing of trading on Tuesday (7/8/2025). In the last month, CUAN shares increased slightly by 0.78%, and throughout the ongoing year 2025, CUAN shares have risen 9.75%.
Disclaimer : This news is not intended to encourage the purchase or sale of stocks. The investment decision is entirely up to the reader. Best for you is not responsible for any losses or profits resulting from the reader's investment decisions.
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