Hong Kong-based UOB Kay Hian purchases 21.75% of Apexindo (APEX) stock
JAKARTA - Foreign investor UOB Kay Hian (Hong Kong) Ltd acquired 771.35 million shares of PT Apexindo Pratama Duta Tbk (APEX), an issuer that provides onshore and offshore drilling services for the oil and gas sector, on Wednesday, December 4. Through PT UOB Kay Hian Sekuritas, the new investor completed the transaction and promptly handed over approximately 21.75% of the shares. In the meantime, PT Aserra Capital, the APEX controller, sold 771.35 million APEX shares through BUT Standard Chartered Bank, leaving just 31.76% of the shares left.
PT Techno9 Indonesia Tbk (NINE), an information technology business that deals in the trading of computers and their accessories, also saw share sales and purchases. Noprian Fadli acquired 258.84 million shares of NINE from controller Heddy Kandou, making him a new stakeholder. Heddy's share fraction has decreased to 51.95%, while Noprian now owns 12% of the shares. Both were carried out with the assistance of PT Anugerah Sekuritas Indonesia.
CGS International Securities Singapore Pte Ltd, a foreign investor, was then noted to purchase a significant number of shares this time, specifically about 306.03 million shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure company. Additionally, Anderson Bay Pte Ltd increased its investment by purchasing 224 million shares of PT Exploitasi Energi Indonesia Tbk (CNKO), a company that mines and trades coal. Also, Pinky NK purchased up to 2.3 million shares in PT Wintermar Offshore Marine Tbk (WINS), a supporting transportation service provider in the oil and gas sector.
Meanwhile, by releasing 67.75 million shares, PT Bina Yatra Sentosa was observed reducing its stake in the real estate firm PT Intiland Development Tbk (DILD). PT Global Mediacom Tbk then sold 28.44 million shares of PT Media Nusantara Citra Tbk (MNCN), a media company. Finally, the market hints this time were concluded by OCBC Sec Pte Ltd S/A Hudson River Group Pte Ltd's sale of 724 thousand shares of the contractor company PT Nusa Konstruksi Enjiniring Tbk (DGIK). (KD)
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