JAKARTA - PT Samudera Industri purchased quite a large share of PT Inocycle Technology Group Tbk (INOV) on Monday, September 25, and now controls 66.38% of the shares in this recycled plastic processing company. This investor purchased 823.49 million shares, boosting share ownership by more than 40%, which was initially at 20.83%.

PT And Indonesia Kapital continued the share acquisition transaction, becoming the new investor in PT Maharaksa Biru Energi Tbk (OASA) after purchasing 332.56 million shares. With this transaction, And Indonesia became the shareholder with a 5.24% stake in this wireless telecommunications firm. PT CGS-CIMB Sekuritas Indonesia also purchased 238 million shares of PT Intiland Development Tbk (DILD), a property development firm, followed by PT Proinvestindo, which purchased 42.50 million shares of the industrial company packaging PT Tunas Alfin Tbk (TALF).

Furthermore, a number of foreign investors were also seen enlivening the stock buying and selling market this time. Resources Fortune Ltd. purchased 4.73 million shares of PT MD Pictures Tbk (FILM) in the film and entertainment industry. UOB Kay Hian Private Limited, on the other hand, was seen selling 46.80 million shares of PT Central Proteina Prima Tbk (CPRO), which engages in the integrated shrimp cultivation sector. In addition, Citibank Singapore S/A Government of Singapore sold 17.36 million shares of telecommunications infrastructure company PT Dayamitra Telekomunikasi Tbk (MTEL), followed by the GOTO Peopleverse Fund selling 29.43 million shares of digital company PT GoTo Gojek Indonesia Tbk (GOTO).

The Deputy Attorney General on Special Criminal Affairs additionally released 15.06 million shares of PT Royal Prima Tbk (PRIM), a healthcare company. Finally, private investor Sukarto Bujung sold 10 million shares of PT Metrodata Electronics Tbk (MTDL), reducing his stake in this information technology business to 6.76%. (KD)

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