Ling Sun owns 5.25 percent of Koka Indonesia (KOKA) shares after purchasing 150 million shares
JAKARTA - Through PT OCBC Sekuritas Indonesia and PT Trimegah Sekuritas Indonesia Tbk, individual investor Ling Sun purchased 150.17 million shares of PT Koka Indonesia Tbk (KOKA) on Tuesday, November 5. Ling Sun has bought 5.25% of the shares in the issuer, which is a heavy construction and civil engineering firm.
Yulisar Khiat, another individual investor, subsequently invested 2.5 million more shares, for a total of 12.63%, in PT Medikaloka Hermina Tbk (HEAL), the operator of Hermina Hospital. Additionally, Lo Kheng Hong increased his investment by buying 30,000 shares of PT ABM Investama Tbk (ABMM), a coal mining company.
Additionally, PT Pangan Sejahtera Investama, the controller of AISA, acquired 1 million shares of food and beverage manufacturer PT FKS Food Sejahtera Tbk (AISA) to its portfolio. Bread producer PT Nippon Indosari Corpindo Tbk (ROTI) then bought back 704,700 shares of its own shares through share buyback.
On the other hand, PT Samuel Tumbuh Bersama was primarily responsible for the share reduction, releasing 47.60 million shares of PT Nusantara Sawit Sejahtera Tbk (NSSS), a company that produces palm oil. Additionally, PT Caraka Reksa Optima released approximately 11.50 million shares of PT Petrosea Tbk (PTRO), a mining, infrastructure, and oil and gas company, while controlling shareholder PT Sinar Mas Cakrawala sold over 7.74 million shares of PT Sinar Mas Multiartha Tbk (SMMA), a financial services provider.
The first foreign investor to sell shares was OONA Indonesia Pte Ltd, which sold 28 million shares of PT Asuransi Bina Dana Arta Tbk (ABDA), an insurance company. At last, through Citibank, N.A., the Government of Singapore sold over a million shares of PT Bank Jago Tbk (ARTO), a digital banking company. (KD)
You can only read the most recent market hints on IDNFinancials!