IDX Flags Transcoal Pacific for Review

JAKARTA – The Indonesia Stock Exchange (IDX) has officially classified shares of PT Transcoal Pacific Tbk (TCPI) as having high shareholding concentration. This classification highlights the current ownership structure of the integrated maritime logistics company as it undergoes periodic market monitoring.

Advertisements

According to the official disclosure released on Friday, May 29, 2026, the IDX noted that a limited number of shareholders hold a significant majority of the company’s equity. “Based on the methodology for determining high shareholding concentration regarding both scrip and scripless ownership structures as of May 25, 2026, TCPI shares are held by a specific group of shareholders who collectively control 94.10% of the total outstanding shares,” stated Kristian S. Manullang, Director of Transaction Supervision and Compliance at the IDX.

It is important to note that the IDX emphasizes this announcement does not automatically imply any violation of capital market regulations or existing legal frameworks. The disclosure serves primarily as a transparency measure for investors monitoring market activity.

Understanding PT Transcoal Pacific Tbk

TCPI operates as a leading player in the integrated maritime shipping and logistics industry. Since its initial public offering on the IDX on July 6, 2018, the company has established itself as a vital service provider in the mining and energy sectors. Its core operations include providing sea transportation services for bulk commodities, such as coal, nickel, crude palm oil (CPO), and industrial diesel.

Regarding its ownership profile, the company’s structure is currently dominated by two primary entities: PT Sari Nusantara Gemilang, which holds a 55% stake, and PT Karya Permata Insani, which holds 25%. The remaining 20% is held by the public, with individual retail shareholders each accounting for less than 5% of the total equity.

Summary

The Indonesia Stock Exchange (IDX) has identified PT Transcoal Pacific Tbk (TCPI) as having a high shareholding concentration, with a specific group of investors controlling 94.10% of its outstanding shares. This classification is part of the exchange’s periodic market monitoring to ensure transparency regarding ownership structures. The IDX clarified that this announcement does not indicate any regulatory violations or legal misconduct by the company.

TCPI is a prominent logistics firm serving the mining and energy sectors by providing maritime transportation for bulk commodities like coal and nickel. Its current ownership is dominated by PT Sari Nusantara Gemilang and PT Karya Permata Insani, which together hold 80% of the equity. The remaining shares are distributed among public investors, each of whom holds less than 5% of the total stake.