JAKARTA – PT Infiniti Wahana, the controlling shareholder of PT Steady Safe Tbk (SAFE), has divested part of its shares in the company.

Efris Indria Y.A., Corporate Secretary of SAFE, in a disclosure to the Indonesia Stock Exchange (IDX) on Monday (10/3), stated that on 20 February 2025, PT Infiniti Wahana sold 62,800 SAFE shares, equivalent to 0.01%, at a price of IDR 256 per share.

Then, on 27 February 2025, the company further divested 227,200 shares at a price of IDR 248 to IDR 252 per share.

Following these transactions, PT Infiniti Wahana's ownership in SAFE has decreased from 42.09% to 42.04%, equivalent to 258,597,813 shares.

"The purpose of this transaction is to sell shares held directly," said Efris. (EF/ZH)