Steady Safe says no new material contracts or undisclosed transactions after latest financial report
Reuters2026/09/09 10:54- PT Steady Safe issued a clarification to the Indonesia Stock Exchange on Sept. 9, 2026.
- No new significant contracts, revenue sources, or other undisclosed material transactions since its latest financial statements.
- Operations continue under its 10-year Transjakarta cooperation agreement, now in year 8; strategy focuses on preparing to operate electric buses.
- Macro pressures cited include weak purchasing power boosting mass transit demand; Jakarta budget constraints may delay a planned 200-unit electric bus quota.
- No new material litigation beyond its completed dispute with Wijaya Karya Realty; share price moves attributed to market supply-demand dynamics.
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