JAKARTA - PT SLJ Global Tbk (SULI), the issuer in the forestry and wood industry sector, conducted a private placement of 1,326,481,737 new shares. On Monday, February 20, market hints showed the moves of three new SULI investors who decided to participate in this corporate action. Mataram Limited was the first, having recently acquired 554.04 million shares via PT Binaartha Sekuritas, giving it a 10.25% ownership stake. Additionally, after purchasing 296.52 million SULI shares, PT Pelayaran Sentra Arung Makmur now owns 5.49% of the shares. PT Borneo Karya Persada is the next significant shareholder, having purchased 286.66 million shares, or 5.31% of the total.

Meanwhile, two foreign investors reported a decline in ownership as a result of SULI private placement, even though the total number of shares controlled remained unchanged. Natureverse Inc. Pte Ltd.'s share percentage decreased from 31.89% to 24.06%, with 1.3 billion shares in total. In addition, the percentage of shares owned by UOB Kay Hian Private Limited has decreased to 16.81% from 22.28% previously, with 908.49 million shares.

The next update was provided by PT Tembaga Mulia Semanan Tbk (TBMS), a manufacturer of copper and aluminum rod and wire products. Recently, the issuer initiated a 1:2 stock split, allowing its two foreign investors to acquire more shares without increasing their ownership stake. First, Toyota Tsusho Corporation, the 10% shareholder, now owns 73.46 million shares of TBMS, up from 36.73 million shares in the past. Subsequently, the number of shares held by the holder of 6.48% stakes, The Furukawa Electric Co. Ltd., increased from 23.82 million to 47.64 million.

The next report from other issuers was Galva Technologies Tbk (GLVA), a company in the information technology sector, where PT Elsiscom Prima Karya sold 20.50 million shares. Furthermore, GOTO Peopleverse Fund sold 7.25 million shares of technology company GoTo Gojek Tokopedia Tbk (GOTO). The list was then sealed with the sale of 6.02 million shares of telecommunications infrastructure provider PT Dayamitra Telekomunikasi Tbk (MTEL) by Citibank Singapore S/S Government of Singapore. (KD)

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