Samudra bought 187.45 million shares as MAPI stock trades at EUR 0.07

Published on 10/20/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 23.36 percent to IDR 24.15 trillion. MAPI stock costs EUR 0.07 on October 20, 2026; Samudra holds 31.13 percent.

Ownership rises after share purchase

Samudra Investment bought 187.45 million MAPI shares on October 9, 2026.
First-half 2026 revenue rose 23.36 percent to IDR 24.15 trillion.
MAPI stock trades at EUR 0.07 at 9:04 a.m. CEST at Lang & Schwarz on October 20, 2026.
Samudra Investment increased its voting stake to 31.13 percent.

MAPI, ID1000099807, Illustration mit AI erstellt.

PT Mitra Adiperkasa Tbk (ID1000099807) is quoted at EUR 0.07 at Lang & Schwarz on October 20, 2026, while a major shareholder has increased its position to 31.13 percent. Samudra Investment bought 187,448,100 MAPI shares on October 9, 2026, according to Pasardana. The transaction gives investors a fresh ownership signal after MAPI delivered strong first-half operating growth.

Samudra expands its position

Samudra Investment paid IDR 1,523 per share and lifted its holding from 30.00 percent to 31.13 percent. The purchase was described as an investment transaction, rather than a change in the company control structure, in the disclosure reported by Pasardana on October 15, 2026. The purchase involved 187.45 million shares and followed the mandatory tender offer process disclosed earlier in 2026.

The latest ownership figure matters because the company has already seen a substantial shift in its shareholder base. Liputan6.com reported on October 14, 2026 that Pacific Universal Investments retained a 51.00 percent holding, while public ownership stood at 12.76 percent after the tender offer.

What does growth mean for valuation?

MAP reported first-half 2026 net revenue of IDR 24.15 trillion, up 23.36 percent from IDR 19.58 trillion in the same period of 2025. Net profit attributable to the parent rose 26.49 percent to IDR 1.21 trillion from IDR 960.92 billion, according to Kontan on October 14, 2026. The comparison shows that earnings growth kept pace with, and slightly exceeded, revenue growth during the first half.

Kiwoom Sekuritas Indonesia analyst Abdul Azis Setyo Wibowo recommended a trading buy rating with an IDR 1,700 target on October 14, 2026. He also cited purchasing power, a weaker rupiah, import costs and operating expenses as risks to the valuation case, according to Kontan.

Ownership and earnings set the frame

MAP ended fiscal year 2025 with revenue of IDR 43.1 trillion, up 13.9 percent, while net profit increased 26.6 percent to IDR 2.7 trillion. The company said on March 30, 2026 that it operated more than 4,000 stores across more than 80 Indonesian cities, with a portfolio spanning department stores, sports, fashion, food and beverage, and digital retail.

The chronology is clear: MAP reported fiscal-year 2025 revenue of IDR 43.1 trillion on March 30, 2026; the mandatory tender offer involved 6.02 billion shares at IDR 1,550 per share by July 30, 2026; and Samudra Investment bought 187.45 million shares on October 9, 2026, as reported by MAP Indonesia, Liputan6.com and Pasardana.

Stock quote and investor context

MAPI stock was trading at EUR 0.07 at Lang & Schwarz on October 20, 2026 at 9:04 a.m. CEST. The quote places the ownership update alongside a current euro market indication, while the company figures show a business that expanded revenue and profit in the first half of 2026.

The further course of trading is shown by the continuously updated real-time quote of MAPI stock.