JAKARTA - Reliancever Holdings Inc., a foreign company based in the British Virgin Islands, purchased up to 2.49 billion shares of PT MNC Kapital Indonesia Tbk (BCAP) on Wednesday, June 5. Following this transaction with PT MNC Sekuritas, Reliancever became the newest holder of the financial services company's shares by 5.85%.

PT Wahana Anugerah Sejahtera then purchased 11.92 million shares of telecommunications infrastructure service provider PT Tower Bersama Infrastructure Tbk (TBIG), followed by Low Tuck Kwong, who purchased 75,300 shares in coal mining company PT Bayan Resources Tbk (BYAN). Furthermore, two issuers retained the option of conducting share buybacks this time. PT Delta Dunia Makmur Tbk (DOID), a coal mining holding company, repurchased 5 million shares, while PT Indocement Tunggal Prakarsa Tbk (INTP) purchased 2.38 million shares of its own.

On the other hand, the Deputy Attorney General for Special Crimes at the Prosecutor's Office of the Republic of Indonesia released up to 94.51 million shares of PT Totalindo Eka Persada Tbk (TOPS), or Totalindo, further reducing this investor's stake in the construction company. Tan John Tanuwijaya has continued to sell shares in the specialist foundation company PT Berdikari Pondasi Perkasa Tbk (BDKR), totaling 18.07 million shares. Another individual investor, Jonathan Chang, then sold 200,000 shares of PT Sumber Alfaria Trijaya Tbk (AMRT), a minimarket company. PT Solusi Karya Sukses also decided to reduce its shares in the aerosol company PT Estee Gold Feet Tbk (EURO) by 17 million shares, while the controlling shareholder PT Lembur Sadaya Investama sold 3.71 million shares in the fashion company PT Bersama Zatta Jaya Tbk (ZATA). (KD)

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