JAKARTA – The stock price of PT Amman Mineral Internasional Tbk (AMMN) went up 5.29% until the end of today’s (26/6) afternoon session. A day before (25/6), Alexander Ramlie, its president director, revealed its plan to restructure his shares for estate planning.

Monitoring the transaction at today’s (26/6) stock market, AMMN was seen starting at IDR 10,950 and peaked at IDR 11,575 at 2.25 PM WIB. The opening price was already higher than the previous closing price (25/6) at IDR 10.875.

Earlier this week (24/6), it was closed at IDR 10,800, down IDR 200 from the closing price last Friday (21/6) at IDR 11,000. Throughout last week, AMMN’s stock was traded at IDR 12,000 per share.

As is informed prior, Ramlie is restructuring its portion in AMMN to his own foreign-based companies for estate planning. His portion in AMMN, through PT Alpha Investasi Mandiri (AIM) and PT Sembilan Sembilan Sempena (SSS), will be transferred and split to Sajir 9 LLC, Miracle Milestone Limited, and Fennel Field LLC. (LK/ZH)