JAKARTA - PT Putra Buana Indonesia Wood Industry purchased approximately 327.18 million shares of PT SLJ Global Tbk (SULI) on Monday, March 25. After taking part in this forestry and timber issuer's private placement, the new investor currently holds about 5.71% stake.

Moreover, PT Arthakencana Rayatama acquired an additional 35.50 million shares in PT AKR Corporindo Tbk (AKRA), a fuel distributor. Individual investors also increased their holdings in several companies. These included Sabana Prawira Widjaja, who added 8 million shares of the beverage company PT Ultrajaya Milk Industry & Trading Co. Tbk (ULTJ) to his holdings, Haiyanto, who purchased 6 million shares in the real estate company PT Modernland Realty Tbk (MDLN), and Robin, who increased his stakes in the hospital operator PT Royal Prima Tbk (PRIM) by 2.87 million shares.

However, by selling 250 million shares, Tumiyana decreased the portion of his ownership in the livestock holding company, PT Widodo Makmur Perkasa Tbk (WMPP). His ownership decreased to 33.04% from 33.89%. In addition, Tan John Tanuwijaya, another individual investor, sold about 5.18 million shares of PT Berdikari Pondasi Perkasa Tbk (BDKR), a company that works in soil improvement and foundations.

Share reductions were also being carried out by several foreign investors, starting with the GOTO Peopleverse Fund, which released 12.48 million shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), and Citibank Singapore S/A Government of Singapore, which released 9.21 million shares of the telecommunications infrastructure company PT Dayamitra Telekomunikasi Tbk. Paradiso Resources Ltd. also seen selling 8.5 million shares in the plantation company PT Bakrie Sumatra Plantations Tbk (UNSP). (KD)

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