JAKARTA - On Tuesday, January 16, PT Energy Battery Indonesia (EBI) officially became the new majority stakeholder of the nickel mining business PT Adhi Kartiko Pratama Tbk (NICE). EBI became the new controller of NICE after being appointed by LX International Corp. to carry out a share takeover, and it now holds 3.64 billion shares of NICE, which equals to 60% ownership. During the share transfer procedure, four investors released their share ownership, and two of them were PT Sungai Mas Minerals, which released 1.85 billion shares, and PT Inti Mega Ventura, which released 1.73 billion shares.

PT Esta Utama Corpora added to the list of market hints by purchasing 33.56 million shares of property company PT Esta Multi Usaha Tbk (ESTA), resulting in a 73.64% ownership stake. Aside from that, PT Arthakencana Rayatama acquired 1.27 million shares of PT AKR Corporindo Tbk (AKRA), which works in the fuel distribution industry. Two individual investors also participated in the share purchase transaction, with Tekardjo Angkasa purchasing 636,800 shares of rice distributor PT Buyung Poetra Sembada Tbk (HOKI) and Low Tuck Kwong purchasing 33,000 shares of coal producer PT Bayan Resources Tbk (BYAN).

Then, GOTO Peopleverse Fund was spotted selling 32.26 million shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO). PT Prambanan Investasi Sukses additionally sold 25 million shares of PT Era Media Sejahtera Tbk (DOOH) in the advertising services market, resulting in a 79.37% ownership stake. Investee Singapore Pte Ltd then became the last investor to make a share transaction, selling about 22 million shares of PT Bank Amar Indonesia Tbk. (KD)

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