JSI Group Takes Over LAPD, Ready to Build Mining and Logistics Business Platform

JKT - JSI Group announced a strategic transformation through the acquisition of control over PT Leyand International Tbk (LAPD).

This step marks the start of a new phase for the issuer to transform into a growth platform in the integrated natural resources and logistics sector in Indonesia.

Founder and President Director of PT JSI Sinergi Mas (JSI), Jamal Abdul Nasir, said that through synergy with JSI Group, LAPD will be positioned as a public growth vehicle that will become the center of consolidation of various assets and strategic projects owned by the group.

"This transformation opens up opportunities for business expansion in the mining sector, mining contractor services, energy logistics, and the development of high-value minerals that have strong prospects in the global market," Jamal said in a statement received by VOI, Wednesday, March 11.

JSI Group itself has operational experience in mining contractor services, heavy equipment management, and the operation of mine logistics facilities that support the production and distribution of natural resource commodities.

The integration of the business ecosystem is expected to be able to create an integrated business model from upstream to downstream, as well as increase operational efficiency and company competitiveness.

In the future, the LAPD is also directed to develop business opportunities in strategic commodities that have long-term prospects, including minerals that support the global energy transition and the future technology industry.

By utilizing its operational network, industry experience, and access to the capital market, the company targets the development of a strong and sustainable asset portfolio.

Management is optimistic that this transformation step can open up new growth opportunities for LAPD while creating added value for shareholders.