BMRI - PT. Bank Mandiri (Persero) Tbk

Rp 5.200

+50 (+0,97%)

JAKARTA – The Indonesian government has transferred 52% of PT Bank Mandiri Tbk (BMRI)’s Series B shares to PT Biro Klasifikasi Indonesia (BKI), the operational holding entity of Danantara, on March 22, 2025.

M. Ashidiq Iswara, Corporate Secretary of BMRI, explained that 48.53 billion shares of the company are now owned by BKI, following the transfer through an inbreng mechanism.

Ashidiq emphasised that BMRI will remain classified as a state-owned enterprise (BUMN) despite the change in ownership structure. He noted that the government still retains control through the Series A Dwiwarna share.

“The Republic of Indonesia remains the controlling shareholder of the company (ultimate beneficial owner) through direct ownership of 1 Series A Dwiwarna share with special rights held by the Minister of State-Owned Enterprises,” Ashidiq stated in an official release on Monday (24/3).

Previously, the government officially transferred Series B shares from seven BUMN companies to BKI as part of the formation of the Danantara operational holding. This holding is responsible for managing the government’s shares in several BUMN entities.

According to data from the Indonesia Stock Exchange (BEI) on Monday (24/3), the seven BUMN companies whose shares have been transferred to BKI include:

In trading on Monday (24/3), BMRI's share price rose 2.04% to IDR 4,500. However, BMRI shares are still down 4.05% over the past week and 10.25% over the past month. (EF/KR/ZH)

Danantara operational holding receives 52% of BMRI shares

The government officially transfers 52% of BMRI’s Series B shares to the Danantara operational holding.

JAKARTA – The Indonesian government has transferred 52% of PT Bank Mandiri Tbk (BMRI)’s Series B shares to PT Biro Klasifikasi Indonesia (BKI), the operational holding entity of Danantara, on March 22, 2025.

M. Ashidiq Iswara, Corporate Secretary of BMRI, explained that 48.53 billion shares of the company are now owned by BKI, following the transfer through an inbreng mechanism.

Ashidiq emphasised that BMRI will remain classified as a state-owned enterprise (BUMN) despite the change in ownership structure. He noted that the government still retains control through the Series A Dwiwarna share.

“The Republic of Indonesia remains the controlling shareholder of the company (ultimate beneficial owner) through direct ownership of 1 Series A Dwiwarna share with special rights held by the Minister of State-Owned Enterprises,” Ashidiq stated in an official release on Monday (24/3).

Previously, the government officially transferred Series B shares from seven BUMN companies to BKI as part of the formation of the Danantara operational holding. This holding is responsible for managing the government’s shares in several BUMN entities.

According to data from the Indonesia Stock Exchange (BEI) on Monday (24/3), the seven BUMN companies whose shares have been transferred to BKI include:

In trading on Monday (24/3), BMRI's share price rose 2.04% to IDR 4,500. However, BMRI shares are still down 4.05% over the past week and 10.25% over the past month.
(EF/KR)