Controller increases its share in Wijaya Cahaya Timber (FWCT) by almost 65 million
JAKARTA - On Friday, September 27, the controlling shareholder of PT Wijaya Cahaya Timber Tbk (FWCT), PT Fortuna Anugrah Sumber Terpadu, made the decision to add more shares. With this most recent acquisition, the investor's ownership of the plywood industry issuer's shares increased to 60.8% from its previous 57.34%. This transaction was facilitated by PT Lotus Andalan Sekuritas.
PT Arthakencana Rayatama also added 36 million shares of fuel distributor PT AKR Corporindo Tbk (AKRA) to its portfolio. DBS Bank Ltd S/A PT Bank KEB Hana Indonesia then bought 14.46 million more shares of the company, and property developer PT Lippo Karawaci Tbk (LPKR) came next. Following that, the cement manufacturer PT Indocement Tunggal Prakarsa Tbk (INTP) purchased 200,000 of its own shares. Low Tuck Kwong then purchased an additional 107,800 shares in PT Bayan Resources Tbk (BYAN), a mining and coal contractor.
Conversely, more than 32.41 million shares of the food and beverage company PT Platinum Wahab Nusantara Tbk (TGUK) were released by another individual investor, Antony Lesmana. Following PT Samuel Tumbuh Bersama, which released 10.62 million shares of palm oil producer PT Nusantara Sawit Sejahtera Tbk (NSSS), PT Aladin Global Ventures also released 17.71 million shares of digital-based sharia bank PT Bank Aladin Syariah Tbk (BANK).
Ruhong Holding Pte Ltd and PT Intan Pariwara, two investors of PT Perma Plasindo Tbk (BINO), returned to the market hints this time, registering a decline in the percentage of shares in this office supplies manufacturer. Currently, Intan Pariwara, with 174 million shares, holds 7.89% control, while Ruhong Holding Pte Ltd, with 1.94 billion shares, holds 88.43%. (KD)
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