Business Context and Reporting Period
Company: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (Telkom Indonesia)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: January 2026 (Event Date: January 6, 2026; Filing Date: January 7, 2026)
Business Sector: Telecommunications
This filing discloses a material change in the share ownership structure involving state-owned entities, specifically the transfer of Series B shares from PT Danantara Asset Management (DAM) to the State-Owned Enterprises Regulatory Agency (BP BUMN).
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on corporate governance and share ownership changes.
Material Changes Versus Prior Period
A significant restructuring of state ownership occurred on January 6, 2026, pursuant to Law No. 16 of 2025. The ownership distribution changed as follows:
- BP BUMN:
- Previously: 1 Series A Dwiwarna Share (0.0000% voting rights).
- Now: 1 Series A Dwiwarna Share + 516,023,535 Series B Shares (0.52% voting rights).
- PT Danantara Asset Management (DAM):
- Previously: 51,602,353,559 Series B Shares (52.091% voting rights).
- Now: 51,086,330,024 Series B Shares (51.57% voting rights).
Transaction Details:
- Shares Transferred: 516,023,535 Series B Shares.
- Share Price: Based on a temporary book value of Rp 25,801,176,750.00 total (approx. Rp 50.00 nominal value per share). The definitive price is pending a Decree by the Head of BP BUMN.
Guidance, Outlook, and Risks
Management Commentary: The transfer was executed to comply with the Fourth Amendment to Law No. 19 of 2003 concerning State-Owned Enterprises (Law No. 16 of 2025).
Impact on Control: The Republic of Indonesia remains the Controlling Shareholder and Ultimate Beneficial Owner. Control is maintained through direct ownership by BP BUMN (Series A and Series B) and DAM (Series B), consolidated under the Daya Anagata Nusantara Investment Management Agency.
Risks and Contingencies: The filing notes that the share transfer price is currently based on a temporary value and will be finalized later via official decree. No other risks or contingencies were disclosed in this specific report.
Investor Verification Checklist
- Verify the final definitive share transfer price once the Decree of the Head of BP BUMN is issued.
- Confirm the updated shareholding register reflects the January 6, 2026 transfer.
- Review the implications of Law No. 16 of 2025 on future state-owned enterprise governance structures.
- Monitor subsequent filings for any further adjustments to the ownership split between BP BUMN and DAM.