JAKARTA - Up to 361.50 million shares of PT Fortune Indonesia Tbk (FORU) were transferred from PT Karya Citra Prima, the company's controlling shareholder, to IMR Asia Holding Pte Ltd, a foreign investor, on Thursday, March 7. Karya Cipta's ownership has drastically decreased from 89.25% to 11.55%, while this new investor based in Singapore now controls 77.7% of the issuer providing marketing communications services. The two investors conducted stock trading transactions using the same security, PT CGS International Sekuritas Indonesia.

The next update came from PT Hassana Boga Sejahtera Tbk (NAYZ), a manufacturer of baby food, about the addition of 45.41 million shares by its controller, PT Asia Intrainvesta. Additionally, 36.87 million shares of life insurance issuer PT Bhakti Multi Artha Tbk (BHAT) were purchased by PT Energi Harapan Baru. It was also listed that PT Elang Mahkota Teknologi Tbk, the company that holds the majority of the shares in private hospital operator PT Sarana Meditama Metropolitan Tbk (SAME), has added 2.84 million shares. Furthermore, individual investor Edwin Soeryadjaya has acquired 1.54 million shares of the trading company PT Saratoga Investama Sedaya Tbk (SRTG).

On the other hand, foreign investors dominated the share sales. By selling 43.30 million shares of the digital company PT Goto Gojek Tokopedia Tbk (GOTO), GOTO Peopleverse Fund became the first. Additionally, three Singaporean investors were selling their shares: first, Bank of Singapore Limited sold 5.62 million shares of PT Digital Mediatama Maxima Tbk (DMMX), the cloud-based digital trade marketing and advertising platform issuer; next, Citibank Singapore S/A Government of Singapore sold 5.60 million shares of telecommunications infrastructure provider PT Dayamitra Telekomunikasi Tbk (MTEL); and last, OCBC Sec Pte Ltd S/A Hudson River Group Pte Ltd sold 500.000 shares of private general contractor company PT Nusa Konstruksi Enjiniring Tbk (DGIK). Citibank, N.A., a foreign securities firm, facilitated the transactions for the three investors. (KD)

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