JAKARTA – Robin Sunyoto, President Director of PT Hero Global Investment Tbk (HGII), has again increased his shareholding in HGII by acquiring 1.23 million shares.

Hugo Feber Parluhutan Silalahi, Director of HGII, stated that Robin made the purchases in four stages from March 18 to 21, 2025, with prices ranging from IDR 167-IDR 173 per share, bringing the total transaction value to IDR 218.29 million.

“The purpose of the transaction is for investment, with the shares being held directly,” Hugo said in an official statement on Tuesday (25/3). Currently, Robin's ownership in HGII has risen from 0.1% to 0.12%.

It is worth noting that Robin has been actively accumulating HGII shares since January 31, 2025. The total HGII shares accumulated by Robin since the company’s listing on the stock exchange now surpasses 8 million shares.

According to stock exchange data, HGII’s closing price last Friday (21/3) stood at IDR 172 per share. However, the price dropped by yesterday’s (24/2) close to IDR 164 per share.

As of 10.10 AM WIB today (25/3), HGII’s price has continued to decline, reaching IDR 160 per share. (EF/ZH)