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11 May 2026
Geo Energy Secures Binding Term sheet with ReInvest for a Substantial Investment in MBJ Integrated Infrastructure Business at a Valuation of US$1.5 Billion
- Resource Invest AG (“ResInvest”) signs binding term sheet to invest in the Group’s PT Marga Bara Jaya (“MBJ”), which is nearing completion of its Integrated Infrastructure project in South Sumatera and expected to commence operations thereafter.
- The US$1.5 billion valuation is attributed solely to MBJ, which is just one component of the Group’s broader asset portfolio, and reflects the fact that Geo Energy’s share price remains largely undervalued despite crossing S$1 billion market capitalisation.
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MBJ’s Integrated Infrastructure comprises a 92km hauling road and jetty that has around 50 million tonnes of haulage per annum at full operational capacity, which is targeted to generate up to an additional US$300 million in EBITDA per annum for the Group within a few years’ time, reflecting its scale, cost efficiency,Geo Energy Secures Binding Term sheet with ReInvest for a Substantial Investment in MBJ Integrated Infrastructure Business at a Valuation of US$1.5 Billion and commercial potential.