JAKARTA – The share-purchases of PT Petrindo Jaya Kreasi Tbk (CUAN) has become more aggressive, with several of its executives purchasing shares on Friday (14/2).

Robertus Maylando Siahaya, Corporate Secretary of CUAN, stated that the share purchases were made by Erwin Ciputra (President Commissioner), Michael (President Director), Diana Arsiyanti (Director), and Daniel Jr. Lopez Laurente (Director). The purpose of the share purchase, according to Robertus, was for investment purposes.

Erwin Ciputra was reported to have bought 83,300 shares of CUAN at IDR 7,200 per share on Friday (14/2), increasing his stake in the company to 0.0145%.

Next, Michael bought 208,300 shares of CUAN at the same price of IDR 7,200 per share, bringing his ownership to 0.003%.

Meanwhile, Diana purchased 100,000 shares at prices ranging from IDR 7,300, IDR 7,350, to IDR 7,600 per share. After this purchase, her stake in CUAN increased to 0.0013%.

Lastly, Daniel acquired 163,200 shares at prices of IDR 7,150 and IDR 7,200 per share. After his purchase, Daniel holds a 0.0014% stake in CUAN.

On Friday’s trading, CUAN's share price closed up 3.55% or 250 points to IDR 7,300 per share. However, since the beginning of this year, CUAN's share price has dropped 36.44%. (KR/ZH)