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Bank of Singapore increases ownership in Bank Amar (AMAR) and Buana Finance (BBLD)

15 Oct 2024 17:42

Bank of Singapore Limited, a foreign investor, acquired 293.77 million shares of PT Bank Amar Indonesia Tbk (AMAR) on Friday, October 11, bringing the total number of shares to 1.90 billion. The purchase of shares via Citibank, N.A. instantly increased the Bank of Singapore's ownership stake in this digital bank from 8.78% to 10.38%. Additionally, with the final share portion of 5.17%, this investor also acquired 123,700 shares of the financing company PT Buana Finance Tbk (BBLD).

Bank of Singapore increases ownership in Bank Amar (AMAR) and Buana Finance (BBLD)

Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares

18 Apr 2024 17:15

On Friday, April 5, PT Hotel Candi Baru, the controlling investor in PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), increased its stake by 5.14 billion shares via PT BNI Sekuritas. This share purchase also increased Hotel Candi Baru's ownership of the herbal medicine producer from 51% to 68.14% of SIDO shares. PT. Ahabe Niaga Selaras has also become a new shareholder in the automotive company, PT Bintraco Dharma Tbk (CARS). This investor acted quickly, acquiring 1.40 billion shares, or roughly 9.34% ownership, through two securities firms.

Hotel Candi Baru now owns 68% of Sido Muncul (SIDO) after acquiring 5.14 billion shares

Energy Battery Indonesia becomes the new controlling shareholder of Adhi Kartiko Pratama (NICE)

24 Jan 2024 19:42

On Tuesday, January 16, PT Energy Battery Indonesia (EBI) officially became the new majority stakeholder of the nickel mining business PT Adhi Kartiko Pratama Tbk (NICE). EBI became the new controller of NICE after being appointed by LX International Corp. to carry out a share takeover, and it now holds 3.64 billion shares of NICE, which equals to 60% ownership.

Energy Battery Indonesia becomes the new controlling shareholder of Adhi Kartiko Pratama (NICE)