JAKARTA. Foreign investors reported net purchase in the negotiation market to acquire PT MD Entertainment Tbk (FILM) worth IDR 1.26 trillion last Tuesday (3/12).

Total shares collected by foreign investors in said transaction reached 484,99 million, facilitated by Samuel Sekuritas.

According to IDNFinancials data, FILM was closed 5.81% or 190 points higher at IDR 3,460 per share. This entertainment and movie production company hit the lowest at IDR 3,260 per share, and peaked at the closing bell.

It is worth mentioning that the management of FILM recently held its Extraordinary General Meeting of Shareholders last Monday (2/12). In said meeting, the management requested approval from shareholders to conduct a rights issue of 989.77 million shares.

As of now, 49.38% of FILM are controlled by PT MD Global Investments. Morgan Stanley and Co International has another 14.3%, followed by public investors of 19%, and the board of directors and commissioners claiming the remaining portion.

Until 10.58 AM WIB today, FILM slipped 0.87% or 30 points to IDR 3,430 per share. However, in the past month, FILM saw 9.24% or 290-point jump. (KR/ZH)