Petrosea Tbk (PTRO) has established a new subsidiary in the health, social, and research sectors to support its business diversification strategy (16/12).

The subsidiary, PT Kinakarya Medika Selaras, was established in conjunction with PT Rekakarsa Karya Nusantara. It will operate in human and social health services, professional, scientific, technical activities, and retail trade.

“This new subsidiary will have a positive impact on strengthening the company’s operational support,” said Anto Broto, Corporate Secretary of Petrosea Tbk, as reported on the Indonesia Stock Exchange information page (16/12).

Ownership Structure and Capital Investment

PT Kinakarya Medika Selaras has a total paid-up capital of 1,000 shares, equivalent to IDR 1 billion. Petrosea owns 999 shares (IDR 999 million), or 99.90% of the company, while PT Rekakarsa Karya Nusantara holds 1 share worth IDR 1 million (0.10%).

Regulatory Approval and Legal Formation

The company was legally established under Notarial Deed No. 24 on December 15, 2025, before notary Ungke Mulawanti, SH, M.Kn., in East Jakarta. The Ministry of Law of the Republic of Indonesia approved the subsidiary through decree No. AHU-0107634.AH.01.01.Tahun 2025 (15/12).

Petrosea’s Expansion Moves in 2025

This is part of Petrosea’s wider expansion in 2025. In April, the company created PT Petrosea Engineering Procurement Construction with PT Rekakarsa Karya Nusantara. Later in October, PTRO established Petrosea Solutions Pakistan with Petrosea Services Solutions PTE. LTD.

On the morning of this announcement, PTRO shares declined 0.24% to IDR 10,475 from IDR 10,500 at 10:09 WIB, according to IDX Mobile. The company’s market capitalization is IDR 105 trillion, with 6.59 million shares traded.

PHOTO: PETROSEA

This article was created with AI assistance.