Jakarta, April 13, 2026 – PT Widodo Makmur Unggas Tbk. (WMUU) has received full support from its shareholders to proceed with its Rights Issue corporate action.
At the Extraordinary General Meeting of Shareholders (EGMS) held on April 13, 2026, shareholders unanimously approved the Rights Issue plan, with a target issuance of up to 6 billion new shares sourced from the Company’s authorized capital.
This initiative represents a strategic step by the Company to strengthen its capital structure while optimizing the utilization of its existing assets. It is also aligned with the Company’s commitment to drive sustainable growth and enhance operational performance more effectively and efficiently.
Through this corporate action, the Company aims to increase working capital, which will be allocated toward boosting production volumes, accelerating inventory turnover, and optimizing installed production capacity. With a stronger capital structure, the Company is confident in its ability to maximize the potential of its production assets.
“Our focus is to strengthen working capital in order to maximize the utilization of production assets, which will ultimately improve operational efficiency, enhance profitability, and strengthen the Company’s cash flow,” said Andi Susilo, Director of the Company.
This move forms part of the Company’s broader efforts to accelerate growth while reinforcing operational fundamentals through improved efficiency, product quality, and the implementation of good corporate governance. The Company believes that this corporate action reflects strong confidence in WMUU’s strategic direction in supporting national protein supply needs, while creating long-term value for shareholders and contributing to government programs.
The Company believes that strengthening its capital structure through this corporate action will enhance financial flexibility, reinforce business fundamentals, and create sustainable added value for shareholders. With full support from shareholders, the Company is optimistic that the execution of this corporate action will proceed smoothly and deliver positive contributions to its performance and future growth.