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Prima Cakrawala takes over 4.44 billion shares of Bank MNC from MNC Land

16 May 2024 15:47

On Wednesday, May 8, up to 4.45 billion shares of PT Bank MNC Internasional Tbk (BABP) exchanged hands. A new investor, PT Prima Cakrawala Sentosa, acquired these shares from PT MNC Land Tbk's stake, resulting in its falling from 16.82% to 6.82%, with Prima Cakrawala now holding 10%. PT MNC Sekuritas facilitated the transaction between these two investors.

Prima Cakrawala takes over 4.44 billion shares of Bank MNC from MNC Land

Foreign investors buy up to 3.61 billion shares, with a net foreign volume surplus of 152.60 million

23 Mar 2024 20:34

Foreign investors purchased more shares than they sold on Wednesday, March 20. This brought the foreign buying volume to 3.61 billion shares, while the foreign selling volume was just about 3.46 billion shares. Thus, net foreign volume closed at 152.60 million shares. The shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were the most purchased, with 1.68 billion shares and a net volume of 368.22 million shares, unchanged from the previous day.

Foreign investors buy up to 3.61 billion shares, with a net foreign volume surplus of 152.60 million

Following its acquisition of Mandala Multifinance (MFIN), MUFG Bank Ltd. holds 70% control

19 Mar 2024 13:56

On Wednesday, March 13, MUFG Bank Ltd., a Japanese bank, took over as PT Mandala Multifinance Tbk's (MFIN) new controlling shareholder. Having acquired more than 1.87 billion shares through PT Bank Danamon Indonesia Tbk, this investor now holds 70.61% of the shares of the consumer finance company. Local investor PT Adira Dinamika Multi Finance Tbk also acquired 265 million MFIN shares in total, granting it immediate control over 10% of the shares.

Following its acquisition of Mandala Multifinance (MFIN), MUFG Bank Ltd. holds 70% control