Chandra Asri Group Announces Shareholding Rebalancing, Increases Free Float to 25.7%

PT Chandra Asri Pacific Tbk (Chandra Asri Group) announced a shareholding rebalancing transaction by one of the Company's long-term shareholders, SCG Chemicals Public Company Limited (SCGC). Following the transaction, SCGC remains one of the Company's long-term strategic shareholders with an ownership stake of approximately 15.71%, while Chandra Asri Group's public shareholding (free float) has increased to approximately 25.7%. The higher free float is expected to enhance stock trading liquidity and broaden access for both domestic and international investors.

President Director & CEO of Chandra Asri Group, Erwin Ciputra, stated that SCGC has been a long-term shareholder and strategic partner that has made significant contributions to Chandra Asri Group's growth journey. He emphasized that the transaction reflects SCGC's capital allocation priorities and does not alter the Company's strategic direction, governance, or commitment to delivering sustainable growth. Chandra Asri Group remains focused on advancing its transformation and rejuvenation agenda while strengthening its energy, chemicals, and infrastructure business portfolio across Southeast Asia.