• Sepatu Bata announced on November 2, 2026, the sale of its Purwakarta land and buildings for IDR 79 billion.
• Unaffiliated buyer UTC Aerospace Systems Bandung Operations purchased the property under a sale deed dated October 30, 2026.
• The West Java property comprises 42,940 square meters of land with approximately 19,077 square meters of buildings.
• Sale proceeds will support liquidity as the company seeks to optimize its assets and financial position.
• Negative equity and negative net working capital qualify the material transaction for exemptions from appraisal and shareholder approval 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 Sepatu Bata Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32171204) on November 02, 2026, and is solely responsible for the information contained therein.