JAKARTA – PT Sigma Mutiara, one of the controlling shareholders of PT Paramita Bangun Sarana Tbk (PBSA), conducted a share sale transaction worth IDR 20 billion.

In this transaction, known as a share crossing, Sigma Mutiara sold 60 million PBSA shares at IDR 334 per share. The number of shares sold represents 2% of the total listed shares.

Vincentius Susanto, President Director of Paramita, explained that the purpose of this transaction was to fund other investments.

Despite this, the transaction has reduced Sigma Mutiara's shareholding in PBSA from 39.56% to 37.56%.

Meanwhile, the share price of PT Paramita Bangun Sarana Tbk (PBSA) closed at IDR 366 in the regular market on Thursday (20/02), after a decrease of IDR 20 or 5.2%. (DH/ZH)