JAKARTA – DMS Propertindo (KOTA), a prominent player in Indonesia’s real estate sector, announced an ambitious plan to undertake a rights issue, aiming to raise approximately Rp5 trillion. This significant capital injection will primarily fund the strategic acquisition of 571 hectares of new land across high-growth regions, marking a bold expansion of the company’s property portfolio.

Strategic Capital Infusion: The Rp5 Trillion Blueprint

KOTA’s proposed corporate action involves issuing up to 100 billion new shares. While the exact exercise price and ratio remain undisclosed, the company targets this massive fundraising effort to fortify its financial position and accelerate expansion. This move signals KOTA’s unwavering confidence in the Indonesian property market’s long-term potential.

Unpacking the Allocation: Acquisitions and Operational Momentum

The bulk of the anticipated proceeds, an estimated Rp4.4 trillion, will be channeled into two pivotal acquisitions. KOTA plans to secure a 99.99% stake in both PT Art Design Indonesia and PT Mandirinusa Graha Perkasa from non-affiliated parties. This strategic consolidation aims to integrate valuable assets seamlessly into KOTA’s existing operations.

• Primary Investment:
  Approximately Rp4.4 trillion for acquiring 99.99% equity in PT Art Design Indonesia and PT Mandirinusa Graha Perkasa.
• Operational & Growth Capital:
  The remaining funds will bolster working capital, support ongoing operational activities, and drive future business development initiatives.

Expanding Horizons: A 571-Hectare Land Bank Surge

The core objective behind these acquisitions is to substantially enhance KOTA’s land bank, the very bedrock of its future projects. With an additional 571 hectares, KOTA will significantly expand its footprint in two key Indonesian regions: Surabaya and Banten. These areas are recognized for their robust economic growth and burgeoning demand for residential, commercial, and industrial properties.

Fueling Growth in Key Regions

This strategic land accumulation acts as a powerful catalyst for KOTA’s long-term development pipeline. By securing prime land in Surabaya, a major economic hub in East Java, and Banten, a rapidly developing province bordering Jakarta, KOTA is positioning itself for sustained growth and market leadership. The expanded land bank provides a vast canvas for innovative property developments, from integrated townships to modern business parks, aligning perfectly with Indonesia’s infrastructure push.

Investor Watch: What’s Next for KOTA Shareholders?

Shareholders will convene for an Extraordinary General Meeting of Shareholders (EGM) on October 6, 2026, to deliberate and approve this rights issue plan. For investors, the announcement of the precise exercise price and rights ratio will be crucial in evaluating the potential impact on their holdings and the intrinsic value of KOTA shares. A rights issue, while potentially dilutive in the short term, often signals a company’s commitment to aggressive expansion and long-term value creation.

KOTA’s Ambitious Trajectory: A Strategic Bet on Indonesia’s Future

DMS Propertindo’s proposed Rp5 trillion rights issue is more than just a fundraising exercise; it is a clear declaration of intent. By aggressively expanding its land bank through strategic acquisitions, KOTA is making a calculated bet on Indonesia’s robust economic future and its burgeoning property sector. This proactive strategy positions the company to capitalize on evolving market demands and solidify its standing as a major force in the national real estate landscape.