PT Anabatic Technologies Tbk (IDX: ATIC) has successfully completed its rights issue, marking an important step in strengthening the company’s capital structure and enhancing its financial flexibility to support future business development.
Through the rights issue, Anabatic Technologies issued 578.84 million new shares. The proceeds will form part of the funding for the settlement of the company’s convertible bond, alongside new bank financing and internal cash.
Strengthening the Capital Structure
The settlement of the company’s convertible bond, with total funding of approximately IDR560.0 billion, will be financed through three sources: IDR280.37 billion from the rights issue proceeds, IDR150.00 billion from a new bank loan facility from UOB, and IDR129.62 billion from the company’s internal cash.
The repayment is expected to significantly strengthen Anabatic Technologies’ capital structure, with the company estimating its interest-bearing debt-to-equity ratio to decline from 2.8x (as of 30 June 2026) to 1.7x following the settlement.
The settlement of the convertible bond will also reduce the company’s interest-bearing debt obligations and lower future finance costs. The resulting interest savings can be retained within the company and redirected toward business development, operational requirements, and other strategic growth initiatives.
A stronger balance sheet and lower financial burden are expected to provide Anabatic Technologies with greater flexibility in managing its operations and executing its growth strategy. The improved financial position will support the company’s ability to allocate resources toward business development, product expansion, and other strategic opportunities.
The strengthened capital structure is also expected to enhance the Company’s financial flexibility in engaging with financial institutions and evaluating potential funding requirements to support future growth.
Supporting Future Growth
Building on its strengthened financial position, Anabatic Technologies will continue to expand its core IT business as the backbone of the company’s future growth.
The company intends to deepen its existing capabilities while continuously adding new products and technology solutions to address evolving customer needs, expand its addressable market, and create additional growth opportunities. The company will focus on developing a broader and more integrated portfolio that complements its existing IT capabilities and strengthens its position across the technology landscape.
In addition to organic growth, Anabatic Technologies remains open to other inorganic opportunities. Potential acquisitions will be evaluated based on their ability to strengthen the company’s capabilities, expand its product and solution portfolio, provide access to new markets or customers, and generate meaningful synergies with the existing business.
Through a combination of organic expansion, broader product offerings, and disciplined evaluation of strategic acquisition opportunities, the company aims to build a stronger and more diversified technology platform while maintaining a prudent approach to capital allocation.
Anabatic Technologies remains committed to executing its strategic initiatives while strengthening its capabilities and capturing opportunities across the evolving technology industry. With a stronger capital foundation and a clear focus on expanding its core IT business, the company is positioned to pursue sustainable long-term growth and create value for all stakeholders
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