Bisnis.com, JAKARTA — PT Sarana Menara Nusantara Tbk. (TOWR) is moving forward with a corporate action involving a capital increase through a rights issue and a mandatory tender offer by its subsidiary, PT Iforte Solusi Infotek, for shares in PT Remala Abadi Tbk. (DATA)—a move seen as potentially strengthening the long-term outlook for the Djarum Group entity.
Still, questions remain around TOWR’s short- to medium-term prospects, as the company continues to navigate performance headwinds, particularly within its telecommunications tower segment.
