Oxala Energy signs conditional deal to buy 75% stake in Aztech Pandu Persada

Reuters2026/09/08 01:48

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PT Multi Makmur Lemindo agreed on Sept. 7, 2026 to buy 75% of Aztech Pandu Persada from Riki Rinaldi Idham.
Deal value set as an indicative amount, to be finalized once due diligence is completed.
Consideration to be paid via issuance of new shares or debt instruments, or other agreed transaction mechanisms.
Completion targeted within six months of signing, subject to conditions precedent and an EGMS approval.
Transaction aimed at expanding into oil and gas mining, trading, and services to build an energy-sector business platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Multi Makmur Lemindo Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32145938) on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Oxala Energy signs conditional deal to buy 75% stake in Aztech Pandu Persada

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