Merger Announcement: Shares Soaring High

by Marcus Liu - Business Editor
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SOSS to Merge with Parent Company ALSOK BASS Indonesia Security services

jakarta, CNBC Indonesia – PT Shield On Service Tbk. (SOSS) will merge with its parent,PT ALSOK BASS Indonesia Security Services (AB).According to information disclosed by the company, SOSS, which operates in the private security sector, will be the surviving entity and remain registered on the Indonesian Stock Exchange (BEI).

The merger aims to increase efficiency and reduce costs by combining similar operations and resources. This consolidation will also create a more integrated management structure, streamline decision-making, and improve overall efficiency.

“Employees will benefit from clearer roles and responsibilities, fostering a more collaborative workplace,” stated SOSS management in a disclosure released Monday, October 13, 2025.

Management further explained that shareholders believe a well-integrated company will simplify governance and increase value, resulting in a clear strategic vision and reduced administrative complexity.

The merger also presents an opportunity to strengthen the consumer base through consolidated consumer data.

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