Emtek Lifts Stake In Surya Citra Media to 67.55 Percent After Rp 102.45 Billion Purchase
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JAKARTA, Investortrust.id - PT Elang Mahkota Teknologi Tbk has strengthened its control over PT Surya Citra Media Tbk by acquiring 256.98 million shares between Tuesday, Sep 30, 2025 and Tuesday, Oct 7, 2025, lifting its ownership to 67.55 percent.
PT Elang Mahkota Teknologi Tbk (EMTK), widely known as Emtek, disclosed the staged purchases to the Indonesia Stock Exchange. PT Surya Citra Media Tbk (SCMA), the media and digital entertainment company it controls, remained a core strategic focus. The total consideration was estimated at Rp 102.45 billion, equal to about $6.17 million on first mention.
According to the disclosure, trades were executed at prices ranging from Rp 338 to Rp 401 per share. The sequence comprised 5.4 million shares on Sep 30, 38.2 million shares on Oct 1, 9.25 million shares on Oct 2, 37.95 million shares on Oct 3, 62.4 million shares on Oct 6, and 103.76 million shares on Oct 7, 2025, bringing the cumulative volume to 256.98 million shares.
Year to date, Emtek had accumulated about 4.22 billion SCMA shares, representing 5.71 percent of the company’s outstanding stock. After the latest series of trades, Emtek’s ownership rose from 67.20 percent to 67.55 percent, reinforcing the group’s long term commitment to the television and digital platforms operated under SCMA.
The rationale, inferred from the steady purchasing pattern and follow on accumulation through the year, pointed to a deliberate consolidation of control within Emtek’s media portfolio. The gradual approach also suggested disciplined execution across liquidity windows along the price band cited in the disclosure.