Bakrie Sumatera Plantations completes US$283.4M private placement

What's the deal? Bakrie Sumatera PlantationsDealroom has a profile for this one. Try Dealroom → completed a private placement on 4 August 2026, raising US$283.4M through the issuance of 14,505,112,734 new Series B shares at US$0.02 each.

Who invested? The new shares were taken up by 11 domestic, international and individual investors. The placement followed shareholder approval at an extraordinary general meeting held on 3 July 2026 and was structured to convert company debt into equity and strengthen its financial position.

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