JAKARTA – PT Bank Rakyat Indonesia Tbk (BBRI) announced the transfer of 80.61 billion Series B shares owned by the government, equivalent to 53.19% of the shares, to PT Biro Klasifikasi Indonesia (BKI) on March 22, 2025 through an inbreng mechanism.

Agustya Hendy Bernadi, Corporate Secretary of BBRI, stated that as part of the ownership transformation, the shares are now under the control of BKI, an operational holding company wholly owned by the government.

The share transfer process was carried out in accordance with the State-Owned Enterprises (BUMN) Law and Government Regulation (PP) No. 15 of 2025.

"The Republic of Indonesia remains the ultimate beneficial owner through the ownership of one Series A Dwiwarna share, which grants special rights to the Minister of State-Owned Enterprises in strategic company decisions," Agustya stated in an official release on Monday (24/3).

He added that the transfer does not change BBRI’s status, which remains a State-Owned Enterprise (BUMN).

As previously reported, the government officially transferred Series B shares from seven state-owned enterprises to BKI using the inbreng scheme as part of the establishment of Danantara, BKI's operational holding. This strategic move is regulated under Government Regulation (PP) No. 15 of 2025, signed on March 21, 2025.

BKI will manage shares from several major companies to strengthen synergy among state-owned enterprises and enhance national competitiveness.

According to the disclosure on the Indonesia Stock Exchange (IDX) on Monday (24/3), the following are the seven state-owned companies whose shares were transferred to BKI: PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Negara Indonesia (Persero) Tbk (BBNI), PT Bank Tabungan Negara (Persero) Tbk (BBTN), PT Semen Indonesia (Persero) Tbk (SMGR), PT Telkom Indonesia (Persero) Tbk (TLKM), and PT Jasa Marga (Persero) Tbk (JSMR).

In the first trading session today, Monday (24/3), at 11:30 WIB, BBRI shares were at IDR 3,580, down 3.24% or -120 points. The share price has declined by 6.77% over the past week and 8.93% in the past month. (EF/ZH)