JAKARTA – PT Hexa Prima Nusantara (HPN) is conducting a mandatory tender offer for 2.88 billion shares of the new controlling shareholder of PT Lini Imaji Kreasi Ekosistem Tbk (FUTR), starting today, February 25, 2025.

The new controlling shareholder has set the tender offer for FUTR shares at a price of IDR 16 per share, with a total maximum offer value of IDR 46.15 billion. The tender offer will run until March 26, 2025.

Martha Rebecca, President Director of FUTR, stated in an official release on Monday (24/2) that HPN is obligated to carry out the tender offer after becoming the new controlling shareholder.

This corporate action is part of HPN’s acquisition of the majority stake in FUTR, which was previously owned by PT Digital Futurama Global (DFG).

Throughout 2024, FUTR recorded a net profit of IDR 4.73 billion, a surge of 827.45% year-on-year (yoy) compared to the previous year. However, on the other hand, its revenue dropped 33.2% yoy to IDR 94 billion in 2024.

FUTR’s total assets also increased to IDR 231.8 billion in 2024, from IDR 189.96 billion in 2023. (EF/KR/ZH)