Following 1:4 stock split, Kedawung (KDSI) investors' share counts changed
15 Nov 2024 09:43
A substantial increase in shares was reported by investors in PT Kedawung Setia Industrial Tbk (KDSI) as a result of the company's 1:4 stock split. Investor PT Kitasubur Utama, which currently owns 78.49% of KDSI's shares, increased its holdings to over 1.27 billion shares on Monday, November 11. A rise in shares to 90.22 million was then recorded by Permadi Al Suharto, an individual investor in KDSI who held 5.57% of the company's shares. While its share portion actually decreased slightly from 6.82% to 6.08%, PT Hoki Investasi Sejati also reported a change in the number of its KDSI shares, specifically from 27 million to 98 million shares.
