Era Media Sejahtera Holds Shareholder Meeting, Secures Approval for INET Stake Acquisition

• Era Media Sejahtera shareholders approved issuing up to 154,777,820,720 shares with Series II Warrants at their November 9, 2026 extraordinary meeting.
• Shareholders authorized Cakrawala Nexus Investama’s proposed acquisition of 6,685,000,000 Sinergi Inti Andalan Prima shares, representing 29.88%, at IDR 300 apiece.
• They approved borrowing up to IDR 5 trillion from Sinergi Internasional Investama and allocating IDR 120 billion of IPO proceeds toward the acquisition.
• Authorized capital was approved to rise from IDR 245 billion to IDR 3 trillion, retaining a nominal value of IDR 10 per share.
• The meeting endorsed renaming the company Nexora Energy Infrastructure, subject to approval of the name.

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 Era Media Sejahtera Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32184567) on November 10, 2026, and is solely responsible for the information contained therein.