Latest News

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)