JAKARTA — PT Segar Kumala Indonesia Tbk. (BUAH) is set to implement a significant corporate action: a stock split with a ratio of 1:2. This strategic move aims to substantially enhance the liquidity of BUAH shares in the market, making them more accessible to a broader base of investors.
According to the company’s official disclosure on Thursday, October 16, 2025, an Extraordinary General Meeting of Shareholders (EGMS) held on October 1, 2025, overwhelmingly approved the proposed share split. This decision will see the nominal value of each share reduced from Rp50 to Rp25.
The formalization of this change in nominal share value, from Rp50 to Rp25 per share, has been officially recorded. It is based on the Statement of Meeting Decision No.17 dated October 6, 2025, before Notary Yulia, S.H., and subsequently approved by the Ministry of Law and Human Rights through Decree No. AHU-AH.01.03-0241084 dated October 7, 2025, ensuring its legal validity.
Consequently, the total number of placed and fully paid-up shares of the company will double, increasing to 2,000,000,000 (2 billion) shares, each with a nominal value of Rp25. This stands in contrast to the previous structure of 1,000,000,000 (1 billion) shares, each valued at Rp50.
This pivotal action is anticipated to significantly boost investor accessibility to the company’s shares and invigorate trading activity within the capital market. A more affordable share price often encourages wider participation from both individual and institutional investors.
“With a more accessible share price, we are confident in providing greater opportunities for investors to actively participate in the company’s continued growth journey. It is important to note that while the value per share will decrease, the total investment value held by our dedicated shareholders will remain unchanged,” stated Renny Lauren, President Director of BUAH, in a recent press release.
Here is the complete schedule for the BUAH stock split implementation:
- Last trading day for old nominal shares: October 21, 2025
- First trading day for new nominal shares (regular & negotiation market): October 22, 2025
- First trading day for new nominal shares (cash market): October 23, 2025
Beyond the corporate action, Renny Lauren also shed light on BUAH’s robust fundamental performance, affirming the company’s ambitious sales target of Rp2.5 trillion for 2025. By the first half of 2025, the company had already recorded impressive sales of Rp1.4 trillion, achieving approximately 56% of its annual target.
Looking ahead to the year-end, Lauren expects consumer consumption to surge, driven by various holiday celebrations, including Christmas and New Year. This positive sentiment is widely anticipated to contribute favorably to the company’s overall performance.
From a profitability standpoint, BUAH reported a strong net profit of Rp21.7 billion in the first half of 2025. This represents a significant 22.0% increase compared to Rp17.7 billion recorded in the same period of the previous year (June 2024), underscoring the company’s consistent growth trajectory.
Summary
PT Segar Kumala Indonesia Tbk. (BUAH) is implementing a 1:2 stock split, reducing its nominal share value from Rp50 to Rp25 per share. This corporate action, approved by an Extraordinary General Meeting of Shareholders on October 1, 2025, will double the total number of placed and fully paid-up shares to 2 billion. The strategic move aims to significantly enhance the liquidity and accessibility of BUAH shares for a broader base of investors in the market.
This stock split is expected to encourage greater investor participation and invigorate trading activity, while the company assures that the total investment value held by shareholders will remain unchanged. BUAH also reported strong fundamental performance, achieving sales of Rp1.4 trillion by mid-2025, 56% of its Rp2.5 trillion annual target. Furthermore, its net profit for the first half of 2025 rose by 22.0% to Rp21.7 billion, demonstrating consistent growth.