JAKARTA - On Thursday, July 20, foreign investor Albizia Asean Opportunities Fund purchased 122.48 million shares of PT Catur Sentosa Adiprana Tbk (CSAP), or CSA Group. The purchase of these shares was made through DBS Bank Ltd. in Singapore, increasing Albizia's ownership portion from 8.35% to 10.4%. The company is a holding company that trades building materials. Mitra 10 Building Materials & Home Improvement, Atria Furniture & Mattress, and Eleganza Tile are some of the group's subsidiaries.

Furthermore, PT Asuransi Simas Jiwa purchased 12.25 million shares of the coal company PT Dwi Guna Laksana Tbk (DWGL), while the mining holding company PT Delta Dunia Makmur Tbk (DOID) increased its ownership stake by buying back another 8.27 million shares. Additionally, the controlling shareholder of PT Merdeka Battery Materials Tbk (MBMA), PT Merdeka Energi Nusantara, purchased an additional 6.3 million shares in this electric vehicle battery manufacturer.

This time, not only corporations but also several individual investors with more than 5% of the shares were spotted adding shares. Pieter Tanuri, the controlling shareholder of PT Bali Bintang Sejahtera Tbk (BOLA), or Bali United football club, increased his stake by 11.3 million shares. Pinky NK then purchased 6 million shares of PT Logindo Samudramakmur Tbk (LEAD), an integrated maritime company, and Nyamdorj Chuluunbaatar purchased 400 thousand shares of PT Gozco Plantations Tbk (GZCO), a palm oil plantation and processing company.

Meanwhile, PT Sang Pelopor sold a large number of shares in the property developer PT Ciputra Development Tbk (CTRA), totaling 269.15 million shares. Foreign investor GOTO Peopleverse Fund then released 73.22 million shares of technology issuer PT GoTo Gojek Tokopedia Tbk (GOTO), while Bintang Bara B.V. released another 8.25 million shares of energy issuer PT TBS Energi Utama Tbk (TOBA). (KD)

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