Friday, March 13, 2026
CNBC Indonesia – JAKARTA. The new controlling shareholder of PT Oscar Mitra Sukses Sejahtera Tbk (OLIV), Olive Power Invest, has initiated a mandatory tender offer (MTO) for the company’s shares. The tender offer covers up to 590,073,314 OLIV shares, equivalent to 31.06 percent of the company’s issued and fully paid-up capital. In a prospectus dated Thursday (3/12/2026), PT Olive Power Invest, as the new controlling shareholder, offered a price of Rp35 per share, bringing the maximum transaction value to Rp20.66 billion.
