JAKARTA - The Anagata Nusantara Power Investment Management Agency (Danantara Indonesia) revealed the reason for reinstating the status of Persero (Public Company) to PT Aneka Tambang (Persero) Tbk (ANTM) and PT Bukit Asam (Persero) Tbk (PTBA).
Danantara Dony Oskaria's Chief Operating Officer (COO) explained that this step was taken in accordance with the provisions of Law Number 16 of 2025, namely the adjustment of the special rights of Series A Dual Color Shares in SOEs held by the SOE Regulation Agency (BP).
"It's in the law, see the new SOE Law. Well, there is a 1 percent ownership of the state, for the big ones. So the status is therefore a SOE," said Dony when met after the Coordination Meeting for Post-disaster Recovery of Sumatra at the Parliament Complex of the DPR RI Jakarta, quoted by Antara, Thursday, February 19.
Although the status was changed to a Persero, Dony ensured that Antam and PTBA remained members of the MIND ID Mining BUMN Holding.
"Stay below MIND ID," said Dony.
In addition, he also ensured that the change in the status of the two mining companies, had nothing to do with the establishment of PT Perusahaan Mineral Nasional (Persero) or Perminas by Danantara.
"There is no relationship at all (with Perimnas). That is the law. So, because in the law it is like that. There is no relationship (with Perminas) at all. There are many who are all persero-persero, right," said Dony.
Previously, Antam and PTBA had the status of Persero, but released the status when they entered the MIND ID Mining BUMN Holding.
The reason is that SOEs are subsidiaries of a Holding, so the majority of their shares are not directly owned by the state, but through the Holding parent.
Launching the disclosure of information on the Indonesia Stock Exchange (IDX) on Wednesday, February 18, the change in status to Persero by Antam and PTBA was carried out based on Law Number 16 of 2025.
Along with that, the two mining companies carried out a Change in the Company's Articles of Association which officially took effect from January 13, 2026.
On the other hand, MIND ID still remains the controlling shareholder of Antam and PTBA, with ownership in each order of 65 percent and 65.93 percent, respectively.
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