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Billions of Vale Indonesia (INCO) shares traded by major investors

02 Jul 2024 17:53

At the end of June, several of PT Vale Indonesia Tbk's (INCO) major investors appeared to be trading billions of shares. On Friday, June 28, PT Mineral Industri Indonesia (Persero), a state-owned company, acquired 1.59 billion shares of the nickel mining company, increasing its ownership from 19.93% to 34.19%. However, INCO's controlling shareholder, Vale Canada Limited, reduced its shares by 780.41 million, followed by Sumitomo Metal Mining Co., Ltd., which sold 282.84 million. These two foreign investors reported remaining ownership of 34.07% in Vale Canada and 11.55% in Sumitomo Metal, respectively.

Billions of Vale Indonesia (INCO) shares traded by major investors

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.

Hillcon Equity stake in Hillcon (HILL) doubled

UBS AG Singapore invests in BISI International (BISI) and now controls 5.27%

07 May 2024 10:13

On Thursday, May 2, a foreign investor named UBS AG Singapore Non-Treaty Omnibus Account - 2091144090 made a new investment in PT BISI International Tbk (BISI). The investor acquired 157.95 million shares of this agricultural issuer, giving it an immediate share ownership of 5.27%. The same investor was also observed purchasing 5.60 million additional shares in the agricultural firm PT Charoen Pokphand Indonesia Tbk (CPIN), resulting in a rise in the share percentage from 5.95 to 5.98%.

UBS AG Singapore invests in BISI International (BISI) and now controls 5.27%