Key Transaction Details

  • Investment Date: August 3, 2026
  • Allotment Date: September 7, 2026 (today)
  • Investor: Asian Trails Holding Ltd., Mauritius (AT Mauritius)
  • Target Entity: PT Asian Trails Indonesia (AT Indonesia)
  • Investment Amount: Indonesian Rupiah 712,800,000
  • Investment Method: Rights issue
  • Shares Allotted: 990 ordinary shares
  • Par Value per Share: Indonesian Rupiah 720,000
  • Post-Investment Stake: AT Mauritius continues to hold 66% stake in PT Asian Trails Indonesia

Corporate Structure

  • AT Mauritius is a subsidiary of Travel Circle International (Mauritius) Ltd (TCIM)
  • TCIM is a subsidiary of Thomas Cook (India) Limited
  • PT Asian Trails Indonesia is a step-down subsidiary of Thomas Cook (India) Limited
  • PT Asian Trails Indonesia is a joint venture between Asian Trails Holding Ltd. and PT Panorama Investama

Target Entity Details

  • Incorporation Date: February 26, 2000
  • Industry: Travel Related Services
  • Authorized Share Capital: Indonesian Rupiah 2,520,000,000 divided into 3,500 ordinary shares of IDR 720,000 each

Financial Performance (Turnover)

  • 2023: Indonesian Rupiah 187,593,306,529
  • 2024: Indonesian Rupiah 276,293,646,998
  • 2025: Indonesian Rupiah 297,937,695,491

Additional Information

  • No governmental or regulatory approvals required
  • No specific objects or impact of acquisition disclosed
  • No indicative time period for completion required (already completed)
  • Nature of consideration: Cash subscription