PT Transkon Jaya Tbk (TRJA) announced plans to add three supporting business activities in the field of land passenger transportation and vehicle rental to strengthen legality and capture market opportunities in East Kalimantan.This corporate action has been declared financially feasible by an independent appraiser with a positive Net Present Value (NPV) estimate of Rp95.67 billion .The company is scheduled to seek shareholder approval through an Extraordinary General Meeting of Shareholders (EGMS) on May 20, 2026..

Details of TRJA's Business Activity Change Plan
The Company intends to add supporting business activities that include three Indonesian Standard Industrial Classification (KBLI) 2020 codes.The three codes are Other Land Transportation for Passengers (KBLI 49429), Bus Transportation Not on Other Routes (KBLI 49229), and Charter Transportation (KBLI 49422)..

This step was taken to align the company's legal basis with the actual activities in the field that have been running so far.TRJA has long operated a fleet of employee transportation and shuttle services for clients in the mining, oil and gas, and construction sectors..

The addition of this business sector also aims to respond to the surge in demand for transportation services in the East Kalimantan region.This is mainly driven by the growth of industrial areas and the development of the Indonesian Capital City (IKN)..

Interestingly, this plan does not require additional capital because it is a service-based activity that utilizes existing resources.Therefore, this action is not categorized as a material transaction according to OJK regulations..

Complete Schedule of TRJA Corporate Actions
The following are details of the administrative and implementation schedule in relation to the plan to add these business activities.:

No    Information    Day/Date
1    Submission of agenda to OJK, BEI, and KSEI    Monday, April 6, 2026
2    Announcement of EGMS & Disclosure of Information    Monday, April 13, 2026
3    Summons for EGMS    Tuesday, April 28, 2026
4    Implementation of the EGMS    Wednesday, May 20, 2026
5    Summary of Minutes of the EGMS    Friday, May 22, 2026
6    Minutes of the Extraordinary General Meeting of Shareholders    Friday, June 19, 2026
The EGMS will be held at Artotel Suites Mangkuluhur Jakarta starting at 15:45 WIB. Shareholders who can attend are those registered in the Shareholders Register before the date of the meeting notice..

Impact on Investors
Fundamentally, this plan provides stronger legal certainty for the Company's future operations.With a legal licensing foundation, TRJA can offer more structured and legal passenger transportation services to corporate clients..

From the capital structure side, investors do not need to worry about share dilution.This is because the addition of this business sector does not involve the issuance of new shares or an increase in paid-in capital..

Investors also have the potential to see revenue growth from this transportation services segment in the long term.. The revenue projection from passenger transportation services is estimated to make a positive contribution to the company's net profit..

Information Source: Disclosure of Information on Planned Changes to PT Transkon Jaya Tbk's Business Activities

Related Financial Conditions
Based on a feasibility study conducted by KJPP Ihot, Dollar & Raymond, financial projections for the next 5 years (2026-2030) show positive results.. The following are the investment feasibility parameters:

Net Present Value (NPV) : IDR 95,671,807,034 (Positive).
Internal Rate of Return (IRR) : 26.5%.
Profitability Index (PI) : 3.16 (greater than 1).
In its 2025 full-year financial report, TRJA recorded total assets of IDR 769.51 billion.Revenue in the same year reached Rp508.45 billion with a net profit for the current year of Rp3.23 billion.The debt to equity ratio is at 98.4% ..

FAQ (Frequently Asked Questions)
1. Why does TRJA need to add a new business line if it already operates one? Although TRJA already operates employee transportation, this activity was previously not supported by a KBLI code that explicitly covers land passenger transportation.This addition was made so that all services have a legitimate licensing foundation and can be legally accounted for..

2. Will this plan result in share dilution for public shareholders? No, this plan to change business activities does not require additional capital or the issuance of new shares.. Therefore, there is no change in the number of shares outstanding or the percentage of ownership of current shareholders..

3. When can shareholders vote on this plan? Shareholders can vote at the Extraordinary General Meeting of Shareholders (EGMS) to be held on Wednesday, May 20, 2026.. A decision is considered valid if approved by more than 2/3 of all shares with voting rights present..

Key Points for Investors
Legal Diversification : Adding three KBLI codes (49429, 49229, 49422) to support passenger transportation and vehicle rental services.
IKN Market Target : Taking advantage of the huge opportunities from the development of the Indonesian Capital City and industrial growth in East Kalimantan.
Feasibility Analysis : Declared “Feasible” with IRR 26.5% and PI 3.16.
No Additional Capital : This action does not require any material transactions or significant additional capital outlay.
EGMS Schedule : The shareholder approval agenda will be held on May 20, 2026 in Jakarta.