Emiten pelayaran ELPI rancang rights issue 2,03 miliar saham baru

JAKARTA – PT Pelayaran Nasional Ekalya Purnamasari Tbk. (ELPI), a prominent shipping issuer, is preparing for a significant corporate action: a capital increase through a Rights Issue (Penambahan Modal dengan Hak Memesan Efek Terlebih Dahulu I, or PMHMETD I). This strategic move involves the planned issuance of up to 2.03 billion new shares, aimed at bolstering the company’s financial standing and future growth.

Wawan Heri Purnomo, Corporate Secretary of ELPI, disclosed that the company intends to issue a maximum of 2,030,000,000 new shares, each with a nominal value of Rp100. These new shares will originate from the company’s portfolio shares and are slated for listing on the Indonesia Stock Exchange (BEI) in strict compliance with prevailing regulations. The execution of this capital increase, which grants pre-emptive rights, is contingent upon two key conditions: obtaining shareholder approval for the PMHMETD I during an Extraordinary General Meeting of Shareholders (EGM) and receiving an effective statement for the registration from the Financial Services Authority (OJK). This information was made public via an disclosure statement, quoted on Friday, January 31, 2026.

In conjunction with this plan, ELPI will seek crucial shareholder approval at an Extraordinary General Meeting of Shareholders (RUPSLB), scheduled for Monday, March 9, 2026. Management has indicated that the precise number of shares to be issued under the PMHMETD I remains fluid, dependent on the company’s funding requirements and the eventual exercise price. Should there be any alteration to the maximum number of shares intended for issuance, ELPI will promptly announce these changes concurrently with the EGM invitation.

The company targets the completion of the PMHMETD I in 2026, following the successful acquisition of EGM approval and the OJK’s effective statement. This corporate action is projected to be finalized within a maximum period of 12 months from the date of the EGM approval. The net proceeds from this capital increase, after deducting issuance costs, are earmarked for critical areas including general liquidity, capital expenditure, working capital, and to actively support ELPI’s broader expansion, diversification, and investment initiatives. Through the PMHMETD I, ELPI anticipates achieving a more robust capital structure, thereby strengthening its operational performance.

From the perspective of existing shareholders, the issuance of new shares through the PMHMETD I presents a potential dilution of up to 18% for those who opt not to exercise their rights. Importantly, as of the current reporting, no objections have been raised by any party, including ELPI’s creditors, regarding the proposed PMHMETD I plan.

The key dates surrounding ELPI’s EGM are as follows:

Key ELPI EGM Dates

Should the EGM not approve the Rights Issue, the company retains the option to resubmit the proposal for approval no sooner than 12 months after the initial EGM. The specific venue and time for the EGM will be officially communicated through the EGM invitation advertisement.