PT Triniti Dinamik Tbk (TRUE) has initiated a funding strategy to strengthen its capital structure. The Tangerang-based property developer officially announced a plan for a Capital Increase Without Pre-emptive Rights (PMTHMETD), or private placement, of up to 757.11 million shares, equivalent to 10% of its issued and fully paid capital.

This corporate action will be submitted for approval at an Extraordinary General Meeting of Shareholders (EGMS) on January 12, 2026, which will be held online through the eASY.KSEI system.

In its disclosure, TRUE’s management explained that the private placement aims to reinforce the company’s financial position and support operational activities as well as ongoing project development.

All proceeds from the issuance of new shares will be allocated for working capital, corporate needs, and property project development.

TRUE emphasized that the private placement is intended to create added value for all stakeholders, including public shareholders.

The new shares will be issued at a price determined under IDX Rule No. I-A, requiring a minimum of 90% of the average closing price over the last 25 trading days before the listing submission.

The company also noted that the prospective investor has not yet been designated at this stage and will be announced in accordance with OJK regulations.

This corporate action may lead to a maximum dilution of 9.09% for shareholders who do not participate. Nevertheless, management confirmed that the private placement will not result in any change of control within the company.

Implementation Schedule

• Information disclosure: December 4, 2025

• EGMS recording date: December 18, 2025

• EGMS invitation: December 19, 2025

• EGMS: January 12, 2026

For reference, TRUE’s share price has surged 1,241.18% year-to-date, reaching 228. In yesterday’s trading, TRUE’s stock again jumped to the upper auto-reject limit (ARA) of 35%.

The sharp rise followed the announcement of the appointment of Hashim Djojohadikusumo’s daughter, Rahayu Saraswati Djojohadikusumo, as President Commissioner of PT Perintis Triniti Properti Tbk (TRIN).

TRIN is the main shareholder of TRUE, holding 14.49% of the company’s shares directly.