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Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares

14 Mar 2024 20:35

On Friday, March 8, over 2.29 billion shares of PT Bank BTPN Tbk (BTPN) were annexed by Sumitomo Mitsui Banking Corporation - Equity, the bank's majority shareholder. SMBC had previously owned about 88.52% of BTPN shares, but after this most recent transaction, its ownership has increased to 91.06%. PT Bank HSBC Indonesia was chosen to facilitate the purchase. In addition, Low Tuck Kwong, the controlling shareholder of PT Bayan Resources Tbk (BYAN), acquired 173.02 million BYAN shares. The ownership of this individual investor increased as well, going from 61.61% to 62.12%.

Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares

IMR Asia receives a 361 million-share transfer of Fortune Indonesia (FORU) from Karya Citra

14 Mar 2024 20:05

Up to 361.50 million shares of PT Fortune Indonesia Tbk (FORU) were transferred from PT Karya Citra Prima, the company's controlling shareholder, to IMR Asia Holding Pte Ltd, a foreign investor, on Thursday, March 7. Karya Cipta's ownership has drastically decreased from 89.25% to 11.55%, while this new investor based in Singapore now controls 77.7% of the issuer providing marketing communications services. The two investors conducted stock trading transactions using the same security, PT CGS International Sekuritas Indonesia.

IMR Asia receives a 361 million-share transfer of Fortune Indonesia (FORU) from Karya Citra

Over 1 billion Gojek Tokopedia (GOTO) shares are sold; net foreign volume concludes at -261.88 million shares

14 Mar 2024 19:43

After being the most purchased stock in the previous trading days, shares of the digital business PT Gojek Tokopedia Tbk (GOTO) became the most sold by foreign investors on Wednesday, March 13, with up to 1.04 billion shares sold and a net volume of -252.10 million shares. This share sale contributed to an increase in the foreign sales volume of approximately 3.39 billion shares. Meanwhile, foreign buying volume was 3.13 billion shares, resulting in a net foreign volume of -261.88 million shares.

Over 1 billion Gojek Tokopedia (GOTO) shares are sold; net foreign volume concludes at -261.88 million shares