Anderson Investments increases stake in Mega Manunggal Property (MMLP) to 23%
JAKARTA - On Thursday, July 25, foreign investor Anderson Investments Pte Ltd acquired a total of 1.61 billion shares of PT Mega Manunggal Property Tbk (MMLP), a warehouse provider that supports the real estate industry. Anderson's share portion increased from 6.08% to 23.37% as a result of this transaction via securities PT Bank DBS Indonesia Citibank N.A.
Additionally, PT Akulaku Silvrr Indonesia acquired 951.31 million shares of the banking company PT Bank Neo Commerce Tbk (BBYB), resulting in a significant increase in their share portion from 29.42% to 34.45%. However, due to their exclusion from the company's rights issue, two additional BBYB investors saw a decrease in their share portion. The ownership of 937.97 million BBYB shares, held by PT Gozco Capital, decreased from 7.56% to 7.03%. Next, with 736.96 million shares owned, Rockcore Financial Technology Co. Ltd. saw a decrease from 5.94% to 5.52%.
Then, two foreign investors were observed trading PT Panca Global Kapital Tbk (PEGE) stock. A new owner of 177.96 million PEGE shares, or 6.28% of the total, was RR Capital Group Pte Ltd. Meanwhile, Bank of Singapore Limited sold 147.90 million shares, resulting in a share decrease of 10.44% to 5.22%.
Moreover, the stock buyback activity continues to affect market hints. Cement manufacturer PT Indocement Tunggal Prakarsa Tbk (INTP) purchased 2.96 million of its shares, while coal mining holding company PT Delta Dunia Makmur Tbk (DOID) purchased 8 million of its own shares.
On the other hand, PT Fersindo Nusa Jaya was still listed as selling shares through five securities companies, totaling up to 42.50 million of the integrated energy infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI). PT Dua Usaha Karya Negeri also sold up to 4.58 million shares of the parent company, PT Ancora Indonesia Resources Tbk (OKAS), which is involved in the mining, oil, and gas industry. (KD)
Exclusive market updates and hints on IDNFinancials!