• Sumber Mas Konstruksi plans to seek renewed shareholder approval for its rights issue by the first half of 2027.
• The June 24, 2025, authorization exceeded the 12-month deadline; restructuring delayed the planned registration filing.
• The rights issue will support the proposed Panasia Aquaculture and LSO Organization Holdings acquisitions through in-kind share contributions and public cash subscriptions.
• Both targets are intended to become wholly owned subsidiaries, subject to restructuring, due diligence, corporate approvals and regulatory requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Sumber Mas Konstruksi Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32168985) on October 23, 2026, and is solely responsible for the information contained therein.