JAKARTA - On Thursday, November 16, mass media business and investor PT Visi Media Asia Tbk sold 192.15 million shares of PT Intermedia Capital Tbk (MDIA). Through this transaction, Visi Media Asia reduced its stake from 90% to 89.51% of the television broadcasting firm. Aside from that, the GOTO Peopleverse Fund also carried out a significant share sale, releasing 35.29 million shares of the digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO).

PT Global Mediacom Tbk then sold 24.75 million shares of PT Media Citra Nusantara Tbk (MNCN) in the media sector, followed by PT Monjess Investama, which sold 15 million shares of PT Mitra Komunikasi Nusantara Tbk (MKNT) in the telecommunication product distribution sector. PT Aneka also sold approximately 1.19 million shares of PT Transkon Jaya Tbk (TRJA), which specializes in construction and mining vehicle rental.

Individual and foreign investors also carried out stock buying and selling transactions this time. Eka Murniasih sold 2.63 million shares of PT Idea Indonesia Akademi Tbk (IDEA), a tourist and hospitality vocational services company. Investors from Singapore, DB Spore CLT A/C For NTAsian Discovery Fund, on the other hand, were observed purchasing 1 million shares of leasing company PT BFI Finance Indonesia Tbk (BFIN).

PT Sungai Budi continued the share acquisition, purchasing 1.18 million shares of the cooking oil manufacturer PT Tunas Baru Lampung Tbk (TBLA). Finally, two firms were spotted buying back their own shares: retail company PT Ramayana Lestari Sentosa Tbk (RALS) with a 970,000 share repurchase and property company PT Jaya Property Tbk (JRPT) with a 490,000-share buyback. (KD)

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