Dian Swastatika Sentosa (DSSA) carried out a 1:10 stock split
JAKARTA - PT Dian Swastatika Sentosa Tbk (DSSA), the energy and infrastructure subsidiary of Sinarmas Group, formally carried out a stock split with a ratio of 1:10. The issuer's holdings of shares increased tenfold on Monday, July 22, from 154.10 million to 1.54 billion, while the proportion of shares stayed at 20%.
Additionally, PT Fersindo Nusa Jaya raised its ownership stake in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), the energy infrastructure company, by 163.80 million shares. This increases the investor's total shareholding to 3.51 billion shares, or approximately 5.51%. Also observed buying back shares were two issuers, PT Delta Dunia Makmur Tbk and PT Indocement Tunggal Prakarsa Tbk, each with 10 million DOID and 1.33 million INTP shares.
The share sale and purchase transactions were then documented by PT Widodo Makmur Unggas Tbk (WMUU), an integrated poultry farm. Koperasi Konsumen Karyawan Mandiri Widodo Makmur acquired 856.36 million shares, making it an immediate 6.62% owner of WMUU. In the meantime, PT Widodo Makmur Perkasa Tbk, the controller and parent company of WMUU, sold 20,000 shares.
Additionally, PT Majukarya Mandiri Indonesia reduced its shareholdings in two issuers simultaneously: 5.61 million shares of PT Estee Gold Feet (EURO), a company that manufactures cosmetics and household aerosols, and 4.02 million shares of PT Sumber Energi Andalan Tbk (ITMA), a mining and energy consulting firm. Following the release of 2.58 million shares of the onshore and offshore drilling company PT Apexindo Pratama Duta Tbk (APEX) by foreign investor HSBC Bank Plc, Fidelity Funds then sold forty thousand shares of PT Fast Food Indonesia Tbk (FAST), which operates Kentucky Fried Chicken restaurants in Indonesia. (KD)
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