JAKARTA. Equity Global International Limited (EGIL), the ultimate shareholder of PT Bank Ganesha Tbk (BGTG), has purchased 3.33 billion shares through transactions on the Indonesia Stock Exchange in stages from 3-7 July 2023.

Lenny Sugihat, President Director of BGTG, said that previously EGIL owned 10.01% of the company's shares directly. In addition, EGIL also indirectly owns 23.74% company shares through PT Equity Development Investment Tbk (GSMF).

The number of shares purchased by EGIL is equivalent to 13.92% of the issued and fully paid capital of BGTG. Thus, the company's total shares directly owned by EGIL have now increased to 23.93%.

"The addition of direct ownership of the Company's shares by EGIL does not change the status of control of the Company, which before the EGIL transaction had become PSPT (Last Controlling Shareholder)," said Sugihat, through an official statement.

Meanwhile, the portion of GSMF's shareholding in BGTG remained at 34.78%, UOB Kay Hian Pte Ltd 5.79%, and public investors reduced to 35.5%. (KR/LM)