Pandu also highlighted that the completion of this corporate action accelerates TBS’ vision of building a unified regional waste management platform across Southeast Asia. The acquisition, he added, is expected to deliver long-term value to shareholders by strengthening TBS’ strategic position in the regional waste management sector.

“This balanced approach will allow TBS to achieve optimal economic value while fulfilling its environmental responsibilities, aligned with our TBS2030 sustainability agenda – Towards a Better Society,” Pandu concluded.

With this acquisition, TBS Energi Utama has significantly expanded its footprint in the waste management industry, positioning itself as a key player in promoting sustainability in Indonesia and beyond. This move is expected to enhance the company’s efforts in circular economy initiatives while providing integrated waste solutions that support energy production from waste. (Uki Ruknuddin)

 

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