EMTEK expands BUKA stake and reshapes Elang Mahkota Teknologi stock context

Published on 10/13/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EMTEK's subsidiary lifted BUKA ownership to 45.678 percent on September 30, 2026. Elang Mahkota Teknologi stock had a 52-week high of IDR 1,500.

EMTEK increased its direct BUKA stake to 10.67 percent by the end of September 2026.
Its subsidiary Kreatif Media Karya raised its BUKA holding to 45.678 percent, equal to 47.125 billion shares.
EMTK was priced at IDR 380 on October 13, 2026, while its market capitalization was IDR 23.2 trillion.
The next earnings date is October 30, 2026.

Elang Mahkota Teknologi, ID1000113905, Illustration mit AI erstellt.

EMTEK increased its BUKA stake to 45.678 percent by September 30, 2026, giving Elang Mahkota Teknologi (ISIN ID1000113905) a larger position in Bukalapak. Kontan reported the change on October 12, 2026.

BUKA ownership reaches 45.678 percent

Kreatif Media Karya, an EMTEK subsidiary, held 47.125 billion BUKA shares at the end of September, up from 44.90 percent one month earlier. The increase amounted to 803.287 million shares, according to Kontan.

What does the stake mean for strategy?

The direct holding gives Elang Mahkota Teknologi an additional 10.67 percent position in BUKA, equal to 11.01 billion shares, while its subsidiary remains the largest shareholder. The figures show that the BUKA exposure is substantial at both the parent and subsidiary levels, but the ownership increase does not by itself establish a change in Bukalapak's operating performance.

Market value remains below the yearly high

EMTK was trading at IDR 380 on October 13, 2026 at 2:21 p.m. WIB on the Indonesia Stock Exchange. Its market capitalization was IDR 23.2 trillion, while the reported 52-week range stood at IDR 374 to IDR 1,500, leaving the current quote close to the lower end of that range.

The next dated checkpoint

InvestPane lists October 30, 2026 as the next earnings date for Elang Mahkota Teknologi. InvestPane also identifies EMTK as an Indonesia Stock Exchange company in the Communication Services sector and Broadcasting industry.

Stock reference for investors

The combination of a 45.678 percent subsidiary stake and a 10.67 percent direct holding makes BUKA a measurable part of EMTEK's digital exposure. Investors can compare that corporate position with the stock's IDR 374 to IDR 1,500 52-week range and IDR 23.2 trillion market value as of October 13, 2026.