JAKARTA - Reksa Dana Syariah Pacific Saham Syariah III purchased approximately 82.92 million shares of real estate company PT Bumi Citra Permai Tbk (BCIP) on Thursday, May 30. The purchase through PT Bank Danamon Indonesia Tbk then resulted in the new investor acquiring approximately 5.79% ownership of BCIP.

Furthermore, PT Arthakencana Rayatama increased its stake in fuel distributor PT AKR Corporindo Tbk (AKRA) by 9.87 million shares. This was followed by controlling investor Ram Jethmal Punjabi, who added 74,500 shares in the production house PT Tripar Multivision Plus Tbk (RAAM), giving him a total ownership of 83.23%. Two issuers remained in the process of conducting stock buybacks: coal mining contractor PT Delta Dunia Makmur Tbk (DOID), with 5 million shares, and cement producer PT Indocement Tunggal Prakarsa Tbk (INTP), with 4.78 million shares.

Tan John Tanuwijaya, an individual investor, continued to reduce his stake in foundation specialist company PT Berdikari Pondasi Perkasa Tbk (BDKR) by 18.55 million shares. In addition, the Deputy Attorney General for Special Crimes at the Prosecutor's Office of the Republic of Indonesia released 10.06 million shares of the construction company PT Totalindo Eka Persada Tbk (TOPS), also known as Totalindo.

Ferry Saputra was also seen selling 3.80 million shares of PT Dewi Shri Farmindo Tbk (DEWI), a broiler chicken cultivation company. Jonathan Chang then sold 200,000 shares of the minimarket company PT Sumber Alfaria Trijaya Tbk (AMRT). Finally, PT Sinar Mas Multiartha Tbk (SMMA), a financial services provider, saw its controller, PT Sinar Mas Cakrawala, sell approximately 1.41 million shares. (KD)

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