Hillcon Equity stake in Hillcon (HILL) doubled
22 May 2024 15:18
On Friday, May 17, PT Hillcon Equity Management increased its stake in mining holding company PT Hillcon Tbk (HILL) by two-fold. Previously, Hillcon Equity controlled approximately 33.04% of the shares; however, this investor added 851.38 million shares, increasing its share portion to 61.92%. The investor carried out this transaction using three different securities: PT Trimegah Sekuritas Indonesia Tbk, BUT Deutsche Bank AG, and PT CGS International Sekuritas Indonesia.