Gabriel Rey & Andry Hakim Acquire TRUK Shares, Here Are the Stock Prospects

Tuesday, September 22, 2026, the JCI weakened 1.11% to 6,313 and foreign investors recorded an outflow of Rp315 billion. Shares of TRUK instead moved in the opposite direction, touching Upper Auto Rejection after Gabriel Rey and Andry Hakim officially acquired 20% of its shares from Catur Dharma Anugerah Surya. 

TRUK's share price has surged 220% since the beginning of the year, and this acquisition immediately changed the shareholder map of the logistics company.

Key Takeaways

• Gabriel Rey (15% through PT Pukul Rata Kanan) and Andry Hakim (5% through PT Hakimson Growth Capital) acquired a total of 20% of TRUK shares worth Rp37.24 billion at Rp428 per share.
• TRUK shares hit ARA for two consecutive days, September 22-23, 2026, with a 220% increase since the start of the year.
• TRUK has a long history of UMA status and IDX suspensions due to price spikes without clear corporate actions, so new investors need to be extra cautious.

Chronology of TRUK Share Acquisition by Gabriel Rey and Andry Hakim

The transaction changing TRUK's share ownership was recorded on the Indonesia Stock Exchange on September 18, 2026. Catur Dharma Anugerah Surya released all 87 million shares, or 20% of its ownership, at Rp428 per share for portfolio rebalancing.

Of that amount, Gabriel Rey, through PT Pukul Rata Kanan, absorbed 65.25 million shares, or 15%, worth Rp27.93 billion. The remainder, 21.75 million shares, or 5%, was purchased by Andry Hakim through PT Hakimson Growth Capital for Rp9.31 billion. The total transaction value reached Rp37.24 billion, according to data cited by Bisnis.com.

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TRUK Shares Hit Consecutive ARA Amid Weakening JCI

A day after the transaction was disclosed, TRUK shares in session I on September 22, 2026 immediately hit ARA, rising 9.94% to Rp1,715. 

The increase continued the next day, September 23, 2026, with TRUK again hitting ARA, up 9.91% to Rp1,885, according to data makmur.id. In a week, the stock had strengthened more than 20%, and in a month it jumped over 115%.

This momentum occurred just as the JCI weakened 1.11% to 6,313 in the same session, with the energy sector down 2.2% and the industrial sector correcting 1.70%. TRUK shares became one of the few issuers moving in the opposite direction from the market trend that day. 

TRUK share price today, September 23, 2026. Source: TradingView

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Profile of PT Guna Timur Raya and Business Transformation Plans

PT Guna Timur Raya Tbk operates in the land transportation and logistics sector, held its IPO on the IDX on May 23, 2018, and is a subsidiary of PT Guna Makmur Raya. 

Gabriel Rey emphasized that this acquisition step is not merely an ordinary stock investment, but part of a long-term plan to strengthen the company's direction and optimize its business potential, as quoted by Warta Ekonomi.

Even so, more detailed plans for TRUK's business transformation have not been disclosed. The future focus is said to be directed toward strengthening the company's fundamentals and exploring new business opportunities.

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Get to Know TRUK Shares' Track Record Before Jumping In

Before being tempted by the consecutive ARA rally, there are several important things to know. TRUK shares are not new to being in the Exchange's spotlight. 

This issuer entered Unusual Market Activity (UMA) status back in 2022, was hit by UMA again in August 2026, and was even temporarily suspended by the IDX on August 12, 2026 after its price jumped more than 99% in a month without clear corporate action, according to an investortrust.id report. 

The suspension was only lifted again on September 16, 2026, just two days before this acquisition transaction was recorded.

From a fundamental perspective, TRUK has also continued to record net losses since 2024, with a price-to-book (P/B) ratio reaching more than 22 times, far above the transportation sector average. 

The combination of a high-volatility track record and still-negative financial performance puts this stock in the speculative category, so investment decisions should be considered carefully, not just by following the ARA trend.

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Conclusion

The acquisition of 20% of TRUK shares by Gabriel Rey and Andry Hakim opens a new chapter for this logistics company, as seen in the consecutive ARA rally that immediately followed the transaction. 

However, TRUK's track record of repeatedly entering UMA radar and IDX suspensions, plus still-loss-making financial fundamentals, is an important reminder that TRUK's future stock prospects still need to be proven through concrete steps by the new management, not just short-term price momentum.

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FAQ

Who acquired TRUK shares? 

Gabriel Rey through PT Pukul Rata Kanan controls 15% of TRUK shares, while Andry Hakim through PT Hakimson Growth Capital controls 5%. Together they acquired 20% of the shares from Catur Dharma Anugerah Surya.

What is the value of the TRUK share acquisition transaction? 

The total value of the acquisition transaction reached Rp37.24 billion, at Rp428 per share. This transaction was recorded on the Indonesia Stock Exchange on September 18, 2026.

Why does the TRUK share price keep rising? 

TRUK's share price rose after news of the acquisition by Gabriel Rey and Andry Hakim, marked by ARA for two consecutive days. However, this stock also has a long history of unreasonable price spikes that ended in UMA status and IDX suspension.

Is TRUK stock safe for investment? 

TRUK shares are considered speculative due to a recurring UMA track record, suspension history, and still-loss-making financial performance. Prospective investors are advised to review the company's official information disclosures before making a decision.