Indonesian Mining Tycoon 'Haji Isam' Scoops $58M Stake in PACK as Pivot to Nickel Intensifies

JAKARTA, Investortrust.id — Indonesian mining magnate Andi Syamsuddin Arsyad, widely recognized by his moniker Haji Isam, has solidified his footprint in the energy transition sector with a massive Rp 936.65 billion ($58.9 million) investment in PT Abadi Nusantara Hijau Investama Tbk (PACK).

This acquisition is more than a simple portfolio addition; it marks a high-stakes bet on Indonesia’s burgeoning nickel industry. By backing PACK, Haji Isam is injecting fresh capital and immense political-business clout into a company that recently pivoted from digital packaging to the critical minerals sector. For global investors, this move signals a consolidation of nickel assets under one of Indonesia’s most influential commodity titans, potentially accelerating PACK’s operational scale in the global electric vehicle (EV) supply chain.

A Direct Hit on the Market

The market responded with immediate euphoria following the official announcement on the Indonesia Stock Exchange (IDX) on Wednesday. PACK shares, which trade on the acceleration board, surged by Rp 28 ($0.0018), or 9.86%, to close at Rp 312.

This rally pushed the stock's weekly gains to a staggering 23.81%. The transaction was executed at a price of Rp 137 per share, significantly below the current market price, indicating a strategic entry for the billionaire.

Strategic Pivot to Energy

Abadi Nusantara Hijau (PACK) is currently undergoing a radical corporate metamorphosis. Originally established as PT Solusi Kemasan Digital Tbk, a specialist in flexible packaging, the firm has rebranded and shifted its entire business model toward holding operations in nickel mining and trading.

Management confirmed the nature of the deal in a regulatory filing on May 13, 2026. "The transaction was carried out on May 13, 2026, with the purpose of the transaction being for investment," the official announcement stated.

The Influence of Haji Isam

The timing of the deal is particularly notable as it coincides with Haji Isam's rising profile in the current administration. He recently received the Mahaputra Utama star, one of the country's highest honors, from President Prabowo.

The billionaire’s entry is expected to provide PACK with the necessary leverage to navigate the complex regulatory and operational landscape of Indonesian mining. As the world’s largest nickel producer, Indonesia continues to attract massive interest, and domestic players like PACK are repositioning themselves to dominate the "green energy" commodity flow.