PT Pelindo Sinergi Lokaseva (PSL), a subsidiary of state-owned port operator PT Pelabuhan Indonesia (Pelindo), plans to merge PT Akses Pelabuhan Indonesia (API) into PSL and PT Pelindo Properti Indonesia (PPI) into PSL subsidiary PT Menara Maritim Indonesia (MMI) as part of efforts to streamline the Pelindo Group’s business structure.
The two planned mergers are part of a broader restructuring of state-owned enterprise subsidiaries coordinated by PT Danantara Asset Management (Persero) and Pelindo, PSL said.
The restructuring is intended to simplify the group’s corporate structure, improve portfolio management and strengthen business capabilities, the company said.
“Through this integration, we aim to ensure that every entity within the PSL portfolio has a clearer business role, stronger capabilities, and makes an optimal contribution to the Pelindo Group,” Faruq Hidayat, president director of PSL, said.
“This reorganization is not merely about simplifying the corporate structure; it is also a step toward strengthening the business foundation and enhancing the effectiveness of sustainable business management,” he added.
PPI merger into MMI
PPI is slated to merge into MMI, with MMI becoming the surviving entity, as part of the reorganization of PSL’s subsidiary portfolio.
The merger is intended to consolidate resources, optimize assets and combine the companies’ capabilities and business activities, PSL said.
The integration is expected to support asset and portfolio management, operational capabilities and business development within the PSL group, it said.
The merger is targeted to take effect on Oct. 1, 2026, subject to the completion of applicable approvals and other requirements. The timetable may change depending on the progress of the approval process and fulfillment of the required conditions.
API merger into PSL
Separately, API is slated to merge into PSL, which will become the surviving entity.
PSL said the integration is intended to consolidate resources and capabilities and improve the management of businesses supporting port operations.
The merger is targeted to take effect on Nov. 1, 2026, subject to the completion of applicable processes and requirements. The timetable may also be adjusted depending on the progress of approvals and other conditions.
PSL focuses on governance and transition
PSL said the planned mergers would be carried out in accordance with Good Corporate Governance principles, shareholder directives and applicable laws and regulations.
The company said it was also taking into account operational continuity, risk management and organizational and human-resource readiness during the integration process.
PSL said the two mergers are intended to support a more integrated business structure and strengthen the contribution of its portfolio to the Pelindo Group’s port-related business ecosystem.
