JAKARTA &mdash; PT Raharja Energi Cepu Tbk (RATU), a listed company controlled by Happy Hapsoro, has acquired 100% of the shares in SMS Development Limited to strengthen its business portfolio in the oil and gas sector.
Based on a disclosure on Friday (26/12), the corporate action was carried out through RATU&rsquo;s subsidiary, PT Raharja Energi Madura (PT REM), which on 25 December 2025 signed a share purchase agreement with SMS Offshore Overseas Limited.
Management said the signing of the agreement forms part of the company&rsquo;s long-term strategy to reinforce its upstream oil and gas portfolio.
PT REM is an RATU subsidiary indirectly controlled through PT Raharja Energi Indonesia, with an indirect ownership stake of 51%.
SMS Development Limited is a company established and governed under the laws of the British Virgin Islands and holds a 20% stake in Husky-CNOOC Madura Limited (HCML).
HCML is an upstream oil and gas contractor operating in the Madura Strait Working Area under a Production Sharing Contract (PSC) with SKK Migas.
Management emphasised that, as of the date of this disclosure, the transaction has not had a material impact on RATU&rsquo;s operations, financial condition, or business continuity, as it remains subject to certain conditions precedent and has not yet become effective.
The signing of the agreement follows RATU&rsquo;s designation as the winner of the share sale process for SMS Development Limited, which was announced on 1 December 2025.
From a financial perspective, RATU recorded net profit of USD 11.76 million through the third quarter of 2025, up 28.1% from USD 9.18 million in the same period a year earlier.
The increase in net profit came despite a decline in revenue. For the January&ndash;September 2025 period, RATU posted revenue of USD 37.61 million, down 12.97% from USD 43.21 million in the corresponding period last year. (DK/ZH)

RATU acquires SMS Development via subsidiary to reinforce upstream oil and gas operations.

RATU acquires 100% of SMS Development to strengthen oil & gas business

JAKARTA - PT Raharja Energi Cepu Tbk (RATU) mengumumkan penyetoran modal senilai Rp127,5 miliar untuk mendirikan entitas usaha baru, PT Raharja Energi Madura (PT REM).
Direktur Utama RATU, Sumantri, menyampaikan bahwa transaksi ini telah dilaksanakan pada 23 Desember 2025 melalui anak usaha RATU, PT Raharja Energi Indonesia (PT REI).
&ldquo;PT REM, selaku penerima modal, merupakan perusahaan yang dikendalikan perseroan secara tidak langsung melalui PT REI,&rdquo; jelas manajemen dalam keterbukaan informasi, dikutip Rabu (24/12).
Sumantri menegaskan bahwa penyetoran modal ini tidak berdampak negatif secara material terhadap kondisi keuangan RATU. Sebaliknya, transaksi ini diharapkan memperkuat struktur permodalan dan mendukung pengembangan usaha perseroan secara berkelanjutan.
Sebelumnya, RATU telah memenangkan penjualan saham SMS Development Limited (SMSDL), perusahaan yang memegang 20% hak partisipasi tak langsung di Huscky-CNOOC Madura Limited (HCML), operator pengembangan dan produksi gas alam di Blok Madura.
Blok Madura terdiri dari tiga klaster utama: BD Field, 2M Field, dan MAC Field, dengan produksi gabungan mencapai 240 MMSCFD gas, cadangan gas tersisa 708 BCF, dan cadangan kondensat 8,42 MMBOE.
&ldquo;Penetapan RATU sebagai pemenang tender merupakan pengakuan atas kesiapan dan kompetensi kami untuk berpartisipasi di proyek energi strategis nasional,&rdquo; kata Sumantri (1/12).
Ia menambahkan bahwa struktur transaksi, pembiayaan, dan penyertaan modal masih akan dilakukan sesuai ketentuan yang berlaku.
Dari sisi keuangan, RATU yang dimiliki oleh Happy Hapsoro, suami Puan Maharani, mencatat laba bersih US$11,76 juta hingga kuartal III 2025, naik 28,1% dibandingkan periode sama tahun lalu sebesar US$9,18 juta.
Kenaikan laba bersih terjadi meski pendapatan perseroan turun. Sepanjang Januari&ndash;September 2025, RATU membukukan pendapatan US$37,61 juta, turun 12,97% dari US$43,21 juta pada periode yang sama tahun sebelumnya. (DK)

RATU setor modal Rp127,5 miliar untuk anak usaha baru PT Raharja Energi Madura (PT REM).