JAKARTA - PT Global Mediacom Tbk spent quite a lot of money on Friday, December 15, after buying up billions of shares from three different issuers. First, the investor purchased 3.20 billion shares of PT Media Nusantara Tbk (MNCN), an integrated media firm, for a 42.73% stake. Furthermore, Global Mediacom purchased one billion shares in two broadcasting firms, PT MNC Digital Entertainment Tbk (MSIN) and PT MNC Vision Networks Tbk (IPTV). Its ownership of MSIN rose to 15%, while ownership of IPTV became 60.75%.

Then, foreign investor Digital Edge (HK) SPVI Limited made a new investment of 666.68 million shares in PT Indointernet Tbk (EDGE), an information and communications technology business. Not only that, but individual investors also bought some shares, starting with Magnus Jaya, who purchased 21.95 million shares of PT Metropolitan Land Tbk (MTLA) in the property sector, and continuing with Sabana Prawirawidjaja, who purchased 1.22 million shares of a beverage company, PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ).

Another individual investor, Harry Sanusi, was spotted selling 21.80 million shares of the consumer products company PT Kino Indonesia Tbk (KINO), leaving a 13.38% stake. PT Honoris Corporindo Pratama also sold 46.48 million shares of PT Modernland Property Tbk (MDLN), a property business. Then, in the home equipment distribution sector, PT Sarana Ledaun sold 11.26 million shares of PT Tigaraksa Satria Tbk (TGKA), followed by GOTO Peopleverse Fund, which sold 5.35 million shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO). (KD)

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