• Andira Agro clarified Puncak Jaya Sejahtera became its controller with a 33% stake acquired at IDR 30 per share.
• Nomination rights and voting support from Central Energi Pratama give PJS control over the majority composition of management and supervisory bodies.
• PJS submitted mandatory tender offer documents to OJK on October 28, 2026; the announcement awaits regulatory approval.
• The tender price will be the higher of IDR 30 or the 90-trading-day average highest price before the acquisition announcement.
• Management changes are planned through shareholder approval; PJS has no plans to sell its stake or take the company private.

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 Andira Agro Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32184638) on November 11, 2026, and is solely responsible for the information contained therein.