Hassana Boga Sejahtera Targets 75% Stake in Bangkok Tellink by Q2 2027

• Hassana Boga Sejahtera reaffirmed plans to replace its baby-food business with telecommunications and technology through a rights issue involving Bangkok Tellink shares.
• Rights issue proceeds would fund a 20% Bangkok Tellink stake purchase estimated at IDR 448.3 billion, rather than existing cash balances.
• The planned 75% Bangkok Tellink holding is targeted for the second quarter of 2027, with consolidation expected in December 31 financial statements.
• Bangkok Tellink’s estimated USD 125 million valuation uses discounted cash flow projections, versus its 2025 book equity of IDR 27.9 billion.
• The final share-transfer value for the rights issue will follow an independent appraisal by an Indonesian valuer registered with the financial regulator.

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 Hassana Boga Sejahtera Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32167760) on October 20, 2026, and is solely responsible for the information contained therein.