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PT Bangun Karya Perkasa Jaya Tbk Initiates Due Diligence, Ahead of Potential Acquisition by Global Companies Led by Rich Step International Ltd

PT Bangun Karya Perkasa Jaya Tbk (IDX: KRYA) has officially commenced a comprehensive due diligence process as part of the planned acquisition of majority shares from its controlling shareholders, PT Bangun Karya Artha Lestari, Dharmo Budiono, Brigitta Notoamodjo, and Pramana Budiharjo by Rich Step International Ltd. and together with other appointed parties. The institutions involved in the plan to take over control of shares in PT Bangun Karya Perkasa Jaya Tbk are global companies led by Rich Step International Ltd. together with PT Green Power Group Tbk (LABA). The due diligence procedure was formally initiated on July 5, 2025, marked by an official visit from Mr. William Teng, Managing Director of Rich Step International Ltd, and Mr. An Shaohong, President Director of PT Green Power Group Tbk, represented by Mr. William Ong, This visit is an integral part of the overall evaluation process of PT Bangun Karya Perkasa Jaya Tbk., which includes Legal, Tax, and Financial Due Diligence -key steps toward building a long-term strategic partnership between both parties. The planned acquisition will mark a new chapter for PT Bangun Karya Perkasa Jaya Tbk., with the company set to become an operational arm supporting Rich Step International Ltd s core business synergies, particularly in expanding its investment portfolio across strategic sectors including global trade, capital participation in subsidiaries, and the development of Electric Vehicle (EV) businesses. We deeply appreciate the direct commitment of Rich Step International Ltd and PT Green Power Group Tbk throughout this process. Our management team is fully prepared to ensure smooth execution of the due diligence, with all necessary documentation, data access, and personnel in place, said Dharmo Budiono, President Director of PT Bangun Karya Perkasa Jaya Tbk. Dharmo also expressed hope that the process will yield objective and constructive outcomes, paving the way for a transformative collaboration across borders that benefits all stakeholders.