Category: News & Events

Warta Ekonomi – Jakarta. The new controlling shareholder of PT Oscar Mitra Sukses Sejahtera Tbk (OLIV), PT Olive Power Invest, officially initiated a mandatory tender offer to public shareholders.
Through this corporate action, the new controller offered to acquire up to 590,073,314 shares, representing approximately 31.06% of the Company’s issued and fully paid capital.

The mandatory tender offer price was set at IDR 35 per share. Accordingly, if all publicly held shares offered in the tender are acquired, the total transaction value could reach approximately IDR 20,652,565,990.

Source: https://wartaekonomi.co.id/read604240/pengendali-baru-oliv-gelar-tender-offer-rp2065-miliar

PT Oscar Mitra Sukses Sejahtera Tbk announced its plan to conduct an Initial Public Offering (IPO), which was carried out in May 2022. Through this corporate action, the Company aimed to strengthen its capital structure to support business expansion, as well as the development of its distribution network and operational capabilities. The IPO also marked a strategic step to enhance transparency, broaden access to funding, and strengthen the Company’s position in capturing future market growth opportunities.

Source: https://www.idnfinancials.com/id/announcement/10460/oscar-mitra-sukses-sejahtera-ipo-saham-pada-mei