JAKARTA - PT Midi Utama Indonesia Tbk (MIDI), a modern retailer, conducted a stock split with a 1:10 ratio earlier this month. The controlling shareholder, PT Sumber Alfaria Trijaya Tbk, still controlled 89.43% of the company on March 8, but the number of shares had increased by tenfold, to 25,775,473,000. Midi Utama Indonesia itself does business through a network of minimarkets under the names "Alfamidi" and "Alfexpress", while Sumber Alfaria holds the trademark "Alfamart".

PT Bayu Berlian Makmur also increased its ownership to 8.21% by purchasing 281.25 million shares of poultry farm issuer PT Widodo Makmur Unggas Tbk (WMUU). Then, three issuers acquired additional investors, beginning with PT Sawit Sumbermas Sarana Tbk (SSMS), which attracted Maybank Singapore Ltd, S/A Optimus GLBL CAP VCC-GC. This new investor now owns 478.98 million shares or approximately 5.03% of the company. Furthermore, PT Sunda Optima Pipe purchased 216.20 million shares of PT Sunindo Pratama Tbk (SUNI), directly transferring 8.65% of the oil and gas issuer's ownership. Not only that, but a new investor based in the British Virgin Islands, Eastern Ideal Holding Limited, now owns up to 5.65% of PT Teknologi Karya Digital Nusa Tbk (TRON), having recently purchased more than 166.66 million shares.

PT Capital Life Syariah chose the divestment step, selling 77.15 million shares of the hospital issuer, PT Metro Healthcare Indonesia Tbk (CARE). Individual investor Rudy Kurniawan Logam was also seen selling 3.75 million shares of PT Logindo Samudramakmur Tbk (LEAD), which provides maritime services. Several foreign investors also sold shares, including the GOTO Peopleverse Fund, which sold 65.72 million shares of PT GoTo Gojek Tokopedia Tbk (GOTO), Citibank Singapore S/A Government of Singapore, which sold 30.39 million shares of PT Dayamitra Telekomunikasi Tbk (MTEL), and UOB Kay Hian (Hong Kong) Ltd, which sold 1.83 million shares of PT MNC Kapital Indonesia Tbk (BCAP). (KD)

IDN Financials has the most recent market hints!