JAKARTA – PT Aneka sold 1.86% of its shares in PT Transkon Jaya Tbk (TRJA) gradually, from December 27, 2023, to last week (12/1). Currently, PT Samindo Resources Tbk (MYOH), the controlling shareholder of TRJA, conducted tender offer of TRJA’s shares until next month.

Based on IDNFinancials data compiled today (17/1), Aneka’s shares down to 58.19 million shares or 3.85% from the previous 86.15 million or 5.7% of TRJA’s total issued and paid-up capital of 1.51 billion shares.

In several transactions, the number of Aneka’s divested shares were totalled to 27.96 million, with the price varied at approximately IDR 276 per share. Once accumulated, the transaction value hit IDR 7.71 billion.

Starting last week (12/1) until February 2024, MYOH, the controller of 74% of TRJA carried out tender offer for TRJA’s shareholders at IDR 281 per share, the highest average closing price within the last 90 days of trading, from August 18 to November 15, 2023.

As of December 31, 2023, TRJA’s shareholders consist of PT Damai Investama of 8%, PT Aneka of 5.7%, MYOH of 74%, and the public of 12.29%. The controlling shareholders own 74% of shares, while non-controllers claim another 26%. The ultimate beneficial owners of stock ownership are Yoo, Sang Duck, Songeum Culture Foundation, and Chunnman Scholarsip. (LK/ZH)