JAKARTA - On Thursday, September 5, prevalent securities firm PT Trimegah Sekuritas Indonesia Tbk acquired a new stake in PT Delta Dunia Makmur (DOID). Trimegah acquired 557.60 million shares in total, instantly acquiring 7.29% of the parent company that provides contractor services for coal mining.

Ruhong Holding Pte Ltd then purchased 383.46 million shares of PT Perma Plasindo Tbk (BINO), an issuer that manufactures and distributes office supplies, increasing its ownership stake to 89.63%. Additionally, PT Harimas Tunggal Perkasa acquired 150 million shares, or a total controlled share of 13.15%, in PT Impack Pratama Industri Tbk (IMPC), a manufacturer of plastic building materials.

By acquiring an extra 1.06 million shares, individual investor Hansen Jap increased its ownership stake in PT Haloni Jane Tbk (HALO), a manufacturer of disposable gloves, to 82.5%. In addition, Low Tuck Kwong bought an additional 78,400 shares of PT Bayan Resources Tbk (BYAN), giving him ownership of 40.15% of the coal mining company's shares.

However, foreign investors accounted for the majority of the share reduction, beginning with the 166.66 million shares of the private bank PT Bank Jtrust Indonesia Tbk (BCIC) that were sold by J Trust Co. Ltd. Next, 3.40 million shares of PT Apexindo Pratama Duta Tbk (APEX), the issuer of onshore and offshore drilling services, were sold by HSBC Bank Plc, while 2 million shares of PT Panin Financial Tbk (PNLF), a financial services company, were sold by UBS AG Singapore Branch.

On the domestic market, PT AP Investment sold 25 million shares of PT Amman Mineral Internasional Tbk (AMMN), a company that mines copper and gold. Lastly, 8.10 million shares of PT Panca Global Kapital Tbk (PEGE), a securities broker and securities trading intermediary, were sold by PT Anugerah Inti Karisma. (KD)

IDNFinancials: a site with reliable market hints!