JAKARTA - On Wednesday, November 22, PT Graha Andrasentra Propertindo Tbk (JGLE), a property developer, gained fresh investment from foreign investor GSCO LLC S/A Highbridge MSF International Ltd. The new investor purchased 1.82 billion shares of JGLE for a total ownership percentage of 8.07%. PT Selebar Lautan Indonesia also became a new investor in COAL with 5.51% ownership after purchasing 344.38 million shares in the coal mining business PT Black Diamond Resources Tbk (COAL).

Two investors from Singapore then continued buying shares, namely Blooming Years Pte Ltd, which bought 2.37 million shares of the baby clothing retail company PT Multitrend Indo Tbk (BABY), followed by DB Spore SES CLT A/C For NTAsian Discovery Master Fund with the purchase of 2 million shares of the leasing company PT BFI Finance Indonesia Tbk (BFIN). Sabana Prawirawidjaja, the president and owner of PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ), then bought 1.64 million ULTJ shares.

PT Maju Terang Bangsa then released a major amount of its stock collection, specifically around 416 million shares of PT Lini Imaji Kreasi Ekosistem Tbk (FUTR) in the advertising industry, leaving only 13.83% share ownership. The GOTO Peopleverse Fund then sold 10.28 million shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), followed by PT Monjess Investama, which sold 8.55 million shares of the telecoms product distributor PT Mitra Komunikasi Nusantara Tbk (MKNT). PT Aneka was also witnessed selling 3.65 million shares of PT Transkon Jaya Tbk (TRJA), a company that rents construction and mining vehicles. Finally, CGS-CIMB Securities (Singapore) Pte Ltd. sold 336,600 shares of PT Indonesian Paradise Property Tbk (INPP), a property and hotel management firm. (KD)

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